Cisco releases new Smart Grid technologies
Cisco releases smart energy tools that allow users to manage energy consumption.
Following Cisco's Energy Smart Miami project last month-a
$200 million initiative that will bring smart meter and solar power systems to
the city of Miami-Cisco announced a new line of technologies aimed at making
the country's electrical infrastructure more energy efficient, responsive, and
Cisco's SmartGrid solutions lay out a framework of smart
energy tools; covering everything from homes and office buildings to data
center and electrical substations. The tools will allow utility companies and
their customers to manage power supplies and energy consumption more
Cisco expects the Smart Grid infrastructure will become a
$20 billion market by 2015. Moving to a system that allows for on-demand,
instead of always-on, energy utilization can save the U.S. 10 to 15% or more of
overall energy use Cisco believes. The industry also will have the ability to
create as many as 280,000 jobs.
"Networking technology will serve as the platform of a
smart, more secure energy grid for the 21st century," Cisco chairman and
CEO John Chambers said in a statement. "Cisco is uniquely positioned to
provide a converged Smart Grid communications fabric and to assist our utility
customers with the kind of business transformation that will enable the
efficient, effective transmission of energy and deliver entirely new,
environmentally-friendly services to consumers."
- Events & Awards
- Magazine Archives
- Oil & Gas Engineering
- Salary Survey
- Digital Reports
- Survey Prize Winners
Annual Salary Survey
Before the calendar turned, 2016 already had the makings of a pivotal year for manufacturing, and for the world.
There were the big events for the year, including the United States as Partner Country at Hannover Messe in April and the 2016 International Manufacturing Technology Show in Chicago in September. There's also the matter of the U.S. presidential elections in November, which promise to shape policy in manufacturing for years to come.
But the year started with global economic turmoil, as a slowdown in Chinese manufacturing triggered a worldwide stock hiccup that sent values plummeting. The continued plunge in world oil prices has resulted in a slowdown in exploration and, by extension, the manufacture of exploration equipment.
Read more: 2015 Salary Survey