CALGARY, ALBERTA, Jun 26, 2012 (MARKETWIRE via COMTEX –
SUBNET Solutions Inc. (SUBNET, a provider of advanced
interoperability solutions for electrical utilities, was included in
a recent Pike Research report on the current and future state of the
smart grid IT market. SUBNET was named as a key industry player due
to its solutions that combine innovative substation technologies with
modern day IT networking.
The report detailed the billions of dollars that are being invested
in smart grid infrastructure, which will help utilities generate,
manage and analyze a huge amount of information on the network and
its users. Information technology will be the major force that links
new data sources together, analyzes patterns in data and enables
real-time responses from utilities. As power companies begin to use
new data to improve overall network efficiency, IT will continue to
be instrumental in the transformation of the current electric grid.
«IT is becoming an important part of the transformation of network
operations as utilities exploit new data sources in order to improve
network efficiency,» research director Eric Woods said.
Smart grid IT has yet to become a set of well-defined application or
infrastructure aspects, but is rather a quickly changing sector that
is seeing tremendous growth, innovation and experimentation. This has
created a power network full of disparate smart grid technologies,
meters and devices that although offer myriad benefits, have
convoluted the IT landscape.
SUBNET was recognized by Pike as an industry leader for its
multi-vendor approach to developing solutions and products. SUBNET
has further set itself apart from other vendors with its ability to
interface with vendor specific protocols and convert them into
industry standards, such as DNP, IED 61850 and OPC.
«As a key industry player in the smart grid IT space, we remain
focused on vendor agnostic solutions,» said Brian Neufeld, vice
president of marketing with SUBNET. «Our reputation with many of the
largest utilities in North America is based on our ability to provide
secure solutions using open standards. We work with utilities to
provide interoperability among their multi-vendor substation devices
and enterprise business intelligence systems. Our solutions simplify
substation architectures enabling electrical utilities to focus more
on providing reliable power and less time on substation configuration
and maintenance.»
With smart grid IT expected to grow at an astounding rate in the next
five years, SUBNET is well equipped to offer utilities the IT
resources that will be needed to efficiently operate the modernized
grid.
You can access the Smart Grid IT Systems report via the Pike Research
website.
About SUBNET
SUBNET provides smart grid technology and solutions for the
electrical transmission distribution industry. Founded in 1992,
SUBNET is a vendor agnostic company with domain expertise in
substation automation and IT networking. SUBNET’s technology connects
any substation device over any communication network to any business
intelligence system. Nine of the top 10 US utilities trust and rely
on SUBNET technology to safely manage and monitor thousands of
substations. SUBNET leverages close relationships and partnerships
with technology leaders including Microsoft, Cisco, Intel,
McAfee/Nitro Security and others to deliver innovative secure
solutions. Learn more about how SUBNET is Making Power Grids More
Intelligent(R by visiting
http://www.SUBNET.com .
All product and company names listed are trademarks or trade names of
their respective companies.
Contacts: SUBNET Solutions Inc. Brian Neufeld Corporate Communications Director +1 (403 270-8885 brian.neufeld@SUBNET.com
SOURCE: SUBNET Solutions Inc.
mailto:brian.neufeld@SUBNET.com
Copyright 2012 Marketwire, Inc., All rights reserved.
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