09 Dec '11, 11pm

Siemens, Competitors Snapping up Smart Grid Software

Siemens, Competitors Snapping up Smart Grid Software

Siemens’ decision to buy long-time smart grid software partner eMeter this week might have been announced in an almost off-hand way during a big corporate conference call Monday morning. But its significance as a trend in the smart grid space speaks volumes. Indeed, Siemens’ buy is just the latest in a string of big software acquisitions by grid giants like General Electric, ABB and Schneider Electric. Beyond them, we're seeing IT giants like HP, Oracle and SAP competing to deliver back-end software systems to help utilities integrate their new smart grid systems into day-to-day operations, as well as analyze the floods of new data they're delivering. So how does Siemens purchase of eMeter illuminate the new world of smart grid software and its suitors? Let’s take a look. What’s Siemens going to buy next? First, don’t expect eMeter to be the last smart grid software compan...

Full article: http://www.greentechmedia.com/articles/read/siemens-compe...

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