cool_vendors_in_energy_and_u_325148.pdf

cool_vendors_in_energy_and_u_325148.pdf - This research...

Info icon This preview shows pages 1–3. Sign up to view the full content.

View Full Document Right Arrow Icon
This research note is restricted to the personal use of [email protected] This research note is restricted to the personal use of [email protected] Cool Vendors in Energy and Utilities, 2017 Published: 15 May 2017 ID: G00325148 Analyst(s): Nicole Foust, Zarko Sumic, Chet Geschickter Vendors are capitalizing on disruptions in energy provisioning arising from economic, political, and social pressures by extending the reach of analytics and operational technologies. CIOs leading transformation into digital utilities can find new and practical solutions among these vendor examples. Key Findings Proliferation of distributed energy resources (DERs) is encouraging many technology providers in the energy industry to develop new ways to leverage improved observability to optimize system performance. New economic factors such as locational marginal prices are becoming substantive elements of advanced distributed energy management algorithms used in today's increasingly complex energy networks. All the Cool Vendors cited in this report are providing innovative solutions. However, they all can expect to face daunting, well- nanced competition as their particular systems, tools or applications begin gaining traction. Recommendations Utility CIOs focused on digital business transformation should: Evaluate new offerings from these Cool Vendors by comparing them with the requirements resulting from their organizations' market position, regulatory environment and strategic innovation posture. Factor in security issues heavily whenever considering digital connectivity initiatives by assessing both personal security for customers, as well as the security of any connected component in the system. Balance your investments in technology providers by weighing the agility and nimbleness of technology startups against the stability and long-term viability of larger, well-funded fast followers.
Image of page 1

Info icon This preview has intentionally blurred sections. Sign up to view the full version.

View Full Document Right Arrow Icon
This research note is restricted to the personal use of [email protected] This research note is restricted to the personal use of [email protected] Table of Contents Analysis .................................................................................................................................................. 2 What You Need to Know .................................................................................................................. 2 Opus One Solutions ......................................................................................................................... 2 Powerley .......................................................................................................................................... 3 PXiSE Energy Solutions .................................................................................................................... 4 Where Are They Now? ...................................................................................................................... 6 Gartner Recommended Reading ............................................................................................................ 7 Analysis This research does not constitute an exhaustive list of vendors in any given technology area, but rather is designed to highlight interesting, new and innovative vendors, products and services. Gartner disclaims all warranties, express or implied, with respect to this research, including any warranties of merchantability or fitness for a particular purpose. What You Need to Know As utilities face continually growing economic, political, security and social pressures, they are seeking any and all possibilities for making their systems more exible and manageable without sacri cing reliability or system security. Renewables continue to provide an ever-larger percentage of energy generation. This is driving utilities' need to disseminate the number and variety of DERs and coordinate them into a holistic or, at least, a coordinated control system. This year's Cool
Image of page 2
Image of page 3
This is the end of the preview. Sign up to access the rest of the document.

{[ snackBarMessage ]}

What students are saying

  • Left Quote Icon

    As a current student on this bumpy collegiate pathway, I stumbled upon Course Hero, where I can find study resources for nearly all my courses, get online help from tutors 24/7, and even share my old projects, papers, and lecture notes with other students.

    Student Picture

    Kiran Temple University Fox School of Business ‘17, Course Hero Intern

  • Left Quote Icon

    I cannot even describe how much Course Hero helped me this summer. It’s truly become something I can always rely on and help me. In the end, I was not only able to survive summer classes, but I was able to thrive thanks to Course Hero.

    Student Picture

    Dana University of Pennsylvania ‘17, Course Hero Intern

  • Left Quote Icon

    The ability to access any university’s resources through Course Hero proved invaluable in my case. I was behind on Tulane coursework and actually used UCLA’s materials to help me move forward and get everything together on time.

    Student Picture

    Jill Tulane University ‘16, Course Hero Intern