Smart Grid IT Systems 2016 Global Market Expected to Grow at CAGR 12.91% and Forecast to 2020

PUNE, INDIA, November 24, 2016 / 

The analysts forecast the global smart grid IT systems market to grow at a CAGR of 12.91% during the period 2016-2020.
IT systems used in smart grids are mostly software applications that are used for planning, process management, resource allocation, and decision making. IT systems in this sector include:
• Distributed energy resource management system (DERMS)
• Demand response management system (DRMS)
• Geographic information system (GIS) (includes asset management and workforce management)
• Customer information system (CIS)

Source :

Smart Grid Bulletin February 2019

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