Tag: smart grid

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Top Trends That Will Make Smart Cities ‘smarter’

smart cityTechnology has always been a critical force deeply intertwined with the evolution of cities. From the first human settlements millennia ago to the industrial revolution to today, technological breakthroughs have impacted the buildings we use, the way we get around, and how we live, work, and play in the urban space. The concept of a smart city has been around for a while now. The advent of the Internet of Things (IoT) ecosystem of connected devices will further fuel the rise of smart city projects around the world. Furthermore, the current developments in IoT trends will prove to be revolutionary for smart city projects. In fact, we can expect the shipment of smart home devices such as safety and security systems, cameras, sensors, smart appliances like coffee makers, washiRequest Proposalng machines, dryers or any energy equipment, to increase two-fold by the year 2020. Here are our top picks of IoT trends that will change the face of smart city initiatives in the future:

Smart street lights

Energy efficiency is a major concern around the world today. Taking a cue from this, smart city projects are increasingly focusing on new ways to reduce energy consumption.   Smart street lighting networks are one of the IoT trends that can serve as a cost-effective entry point to IoT-based city solutions. Smart street lights help cut down costs and are energy efficient because they can be programmed to dim or brighten automatically and cut the risk of crime and traffic accidents. Copenhagen is one of the key examples of a metropolis that has implemented smart street lighting as part of a broader commitment towards smart city solutions.

Electric vehicle infrastructure expansion

Electric vehicles are expected to become mainstream in another few years. One of the major barriers for EVs is the lack of a refueling infrastructure. Some people view electric vehicles as less practical compared to gas-powered vehicles when considering that EV owners might only be able to recharge their car on their own property, provided they have a dedicated outlet installed. However, authorities are looking at providing incentives for residents who own EVs, and some offer incentives to residents and businesses that install EV charging equipment. However, many of the incentive programs focus on charging infrastructure at residential properties and not throughout the greater community.

Fog computing

Fog computing is the combined practice of cloud computing and edge computing. Cloud computing uses remote servers to store, manage, and process data, and edge computing refers to the resources and systems controlled by the end-user. Since smart city projects deal with a large number of connected devices and a large volume of data, there is immense scope for this mechanism. This massive data increase will also prove to be of great economic value to smart city stakeholders.

Expanding the smart grid

The energy saved from efforts such as smart street lighting can be invested in other technologies in the smart city. Smart street lighting provides a grid-based physical infrastructure that can serve as a foundation for delivering a range of other sensor-reliant services, such as vehicle and pedestrian monitoring, traffic light control, smart parking, real-time traffic-information, and waste management.


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Competitive Intelligence Assessment: How Infiniti Helped a Prominent Smart Grid Technology Provider Stay Ahead of the Competitors

It is estimated that the smart grid technology space is expected to reach $830.56 billion by 2025.

The past few years have witnessed a stipulated growth in the demand for economical, sustainable, and reliable electricity. So, organizations are emphasizing on the need to implement robust operational measures such as smart grid technologies to efficiently control the production, distribution, and conditioning of electricity. The growth of the smart grid technology can be attributed to the emergence of cloud platforms, increasing adoption of IoT, and the need to conserve energy. Although the smart grid technology space is witnessing a promising growth owing to the increasing adoption of smart meters, regional government initiatives, and growing number of advanced infrastructure projects, several factors may influence the growth of the sector.

  • Barriers in the adoption of technology: With the rising investments in transmission optimization and distribution automation, organizations are facing the need to comply with the clean power plan to further increase the emphasis on renewable resources.
  • High costs of installation: Growing concerns pertaining to offering reliable and scalable services is compelling organizations to shift toward smart grid technology. With smart grid becoming increasingly multidimensional, deploying hardware and software components involves comparatively higher costs as compared to the traditional counterparts.

To address these challenges and assess the prominent competitors in the market, leading businesses are leveraging the use of competitive intelligence assessments. An effective competitive intelligence solution helps organizations to gather, analyze, and manage market information to make strategic informed business decision. Moreover, organizations can profile the prominent competitors and enhance their competitiveness in the market.IR_Brochure

The Business Challenge

  • The Client: Smart grid technology provider

The client, a prominent smart grid technology provider, wanted to identify the competitors and understand their strengths and weaknesses to develop effective business strategies. The client wanted to compile information of the competitors in terms of their history, key facts, products and services, and business objectives. With the help of a competitive intelligence solution, the client wanted to collect and compile data on the products and services and pricing models, and identify unique selling propositions. The primary concern of the client was to optimize their business process and strategies by comparing with that of the competitors.

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Our Journey

To gain detailed insights into the competitors’ value proposition, the competitive intelligence experts at Infiniti carried out an extensive research methodology comprising interviews and discussions with prominent stakeholders in the smart grid technology space. Moreover, to assess the performance of the competitors, the experts also compiled information from reliable sources such as trade shows, industry forums, and company presentations in the smart grid technology space.

The Solution Benefit and the Business Impact

The competitive intelligence solution offered by Infiniti helped the smart grid technology provider identify the top competitors and constantly monitor their activities. The engagement also helped the smart grid technology provider to analyze the key performance indicators and effectively analyze their marketing resources to meet the business requirements. Moreover, the competitive intelligence solution also sought ways for the client to formulate effective strategies to stay ahead of the competition. The solution also helped the client direct their development and marketing efforts to launch new products and services effectively.

The Future

The future of smart grid technologies will be marked by innovations, especially in terms of virtual power plants such as smart meters, solar panels, and demand response systems. Moreover, the smart grid technology space will also witness an upgrade in terms of transmission grids with communications and controls that can deliver 10% more efficiency as compared to the existing generation capacity.


A must-read case study for strategy specialists and decision makers looking to develop an understanding of the smart grid technology space

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Infiniti’s Competitive Intelligence Solution Helps a Renowned Smart Grid Manufacturer Analyze their Competitive Position in the Market

Globally, the demand for electricity is expected to grow by 30%, and the price of electricity is expected to increase by 50% by 2030.

Today, factors such as the growing concern for energy efficiency and a radical shift toward renewable energy sources are promising the growth of smart grid market. The growing government policies and legislative mandates are forcing organizations to improve the grid reliability and reduce the carbon footprint. On the other hand, the growing need for innovations in the energy space is further fueling the adoption of automation and newer technologies to efficiently respond to the demands of the consumers. Apart from the conventional factors increasing investment in infrastructure, the relentless economic growth, and the need for smart manufacturing are contributing towards the growth of the smart grid manufacturing space. Although the smart grid manufacturing space is witnessing a promising growth, several factors may influence the growth of the industry.

Here are some of the few factors that may influence the growth of the industry.

High operating costs: Smart grid manufacturing involves the use of efficient technologies for two-way communication between the utility and its customers. A recent study also estimates that implementing a smart grid system in the US alone will cost an average of $476 billion over the next 20 years. Apart from the infrastructure costs, leading organizations are finding the necessity to invest heavily in innovations and R&D to go on par with the rising energy costs.

The complexity of smart grid:  Implementing smart grid is not an easy process, it is a complex machine and involves the use of multiple sources of data to distribute energy. The process involved in smart grid manufacturing should also consider factors such as the account user behavior, human responses, and the automated responses gathered from the analysis of vast amounts of data.

To address these challenges and analyze the competitors’ landscape in the energy sector, organizations are utilizing the need for a competitive intelligence solution. Competitive intelligence solution focuses on knowing what the competitors are determined to do and involves the analysis of information to enable more informed business decisions. Organizations can profile potential competitors and compare these products with that of the competitors.

The Business Challenge

  • The Client: Smart grid manufacturer
  • Area of Engagement: Competitive intelligence

The client, a prominent smart grid manufacturer, wanted to analyze the business models and compare their products with that of the competitors. With the help of a competitive intelligence solution, the client wanted to understand the relative strengths and weaknesses of the competitors and formulate effective business strategies to stay ahead of the competition. The information compiled includes the history, key facts, market products and services, financials, and marketing strategy. The client also wanted to seek ways to identify the unique selling proposition and competitive pricing for the products offered.

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Our Journey

To understand the market scenario and profile the potential competitors, the competitive intelligence experts at Infiniti carried out extensive research methodology with prominent stakeholders in the smart grid manufacturing space. The team of CI experts also compiled data across various proprietary sources such as paid industry databases, company presentations, and industry forums.

The Solution and the Business Impact

The competitive intelligence solution offered by Infiniti helped the smart grid manufacturer efficiently compare the products with the competitors and improve their product offerings. The client was able to effectively collate data on the competitors’ product and service features, pricing models, and marketing strategies. The solution also assisted the product development and marketing teams to launch and market new products across niche potential market segments. The competitive intelligence solution also sought ways for the smart grid manufacturer to optimize their business processes and strategies by comparing against their competitors. Moreover, the solution also helped the client create a standard business model to provide a detailed analysis of the customer, finances, and infrastructure.

The Future:

The future of smart grid technologies will be marked by relative advances in technologies to reduce greenhouse gas emissions. The advances in the digital technology will also focus on saving energy, reducing cost, and increasing reliability and transparency.


A must-read case study for strategy specialists and decision makers looking to develop an understanding of the energy industry.

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Industry Risk Assessment Assists a Renowned Smart Grid Manufacturer to Curtail their Operational Costs

Globally, the increasing complexity associated with conventional electrical supply and the rising need for electricity among the customers are forcing organizations to shift toward a digital environment. On the other hand, the rising need for innovations in the energy space is also allowing companies to shift toward automation and newer technologies to respond digitally to the changing electric demand. In this new era of reliability and availability, delivering promising solutions to the customers is necessitating the need for an industry risk assessment solution. In the smart grid manufacturing space, implementing a robust risk assessment solution helps businesses in the smart grid manufacturing space minimize risks, better comply with the workplace safety, and effectively create and maintain a healthier work environment.IR_Brochure

To curtail potential risks and optimize productivity, renowned manufacturers in the smart grid space are approaching companies like Infiniti. With years of expertise in offering a plethora of services, Infiniti’s industry risk assessment experts help companies identify potential risk factors and new players who would pose a threat to their growth prospects.

The Business Challenge

A renowned smart grid manufacturer with a considerable number of manufacturing units spread across the globe was facing certain predicaments increasing the safety of the employees and curtailing operational costs. While safety at work is a major concern, the smart grid manufacturer wanted to leverage innovations to improve the safety of the employees in the smart grid industry. Also, with the help of a risk assessment solution, the client wanted to decrease employee turnover and improve employee satisfaction. The client further wanted to analyze the competitive risks and uncertainties and devise effective strategies to prevent negate risks.

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Our Approach

To deal with risks and identify relevant business opportunities, the industry risk assessment experts at Infiniti carried out an extensive research by compiling qualitative and quantitative data. To understand the current market scenario, the industry risk assessment experts at Infiniti also compiled information from a wide array of proprietary sources such as paid industry databases, company presentations, and industry forums in the smart grid manufacturing space.

Industry Risk Assessment Solution Benefits:

  • Systematically identified risk and devised effective ways to mitigate them
  • Evaluated the findings and made corrections during the assessment
  • Gained better transparency into the workflow and made informed business decisions
  • Effectively reduced the employee attrition levels and improved their overall safety
  • Reduced training costs while improving the effectiveness of sales force

Benefits of Our Integrated Approach

With the help of this industry risk assessment solution, the smart grid manufacturer was able to mitigate risks, improve operational efficiency, and enhance business performance. The industry risk assessment solution also helped the client assess and identify the risks that the competitors are facing and identify the potential opportunities in the smart grid manufacturing space.

A must-read case study for strategy experts and decision makers looking to develop an understanding of the smart grid space.

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