Wednesday, November 17, 2010

IBM targets Indian Smart Grid market

The Indian economy is forecasted to grow at 9% in 2010-2011 fiscal year, which in the coming years is set to reach double digit growth (10%+). Such hyper growth will need unprecedented amount of energy that can only be met through efficient energy utilization. IBM- The Big blue, which is at the fore-front of Smart Grid development in US is eyeing the hyper-growing India energy market. IBMs general manager for Global Energy and Utilities Guido Bartels said to The BusinessLine,  "IBM is prepared to offer Managed Business Process Services to electric utilities in India… We see huge potential in the next five years." IBM, which is engage with many utility companies in US and across the world, provides ready-made IBM manage Smart Grid systems to public utilities that help improve their power usage and efficiency. 

The substations, transformers, and energy meters, which are important part of the energy infrastructure are sort of standalone silos in India, and have no real-time monitoring. IBM see this as potential business opportunity especially with implementation of Demand-Response features. According Mr. Bartel, IBM offers solution in entire energy value chain including integration of renewable energy. R-APDRP(Accelerated Power Development and Reforms Programme) is the key program that is set to transform the India Utility industry, which, IBM is closely observing.

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