Image credit: Intel®
Companies across the energy ecosystem can improve the reliability, safety, and security of the energy grid through more flexible infrastructure. Transforming the energy grid can lead to more efficient field operations, real-time monitoring, and data-driven decisions. It can allow energy providers to meet the demand for on-site electric vehicle charging, storage, and generation.
As the energy grid is transformed, IoT integrators have a big opportunity to deliver more flexible infrastructure solutions for energy distribution.
The IoT energy market around the world is changing rapidly:
- The global IoT energy market is expected to reach $35 billion by 2025.
- The energy management segment is predicted to hold a dominant share.
- Hardware purchases are expected to account for 40 percent of the global IoT energy market.
Supporting OT and IT Workloads
A software-defined approach can transform sprawling physical substations, with software-defined compute that supports both OT and IT workloads for protection and control, fault and event analysis, advanced and automated maintenance and restoration, networking, and cybersecurity.
Watch this short video to learn more about the substation transformation opportunity for IoT integrators and how Intel and its ecosystem partners are laying the foundation for the next generation of substation solutions infrastructure.