The Integration of Geographic Data into Smart Grid Applications Will Drive Rapid Growth in the Utility GIS Market, According to Pike Research

BOULDER, Colo. — (BUSINESS WIRE) — July 31, 2012 — While utility executives increasingly understand that geospatial data is critical to the future successful operation of the smart grid, the integration of geographic information system (GIS) tools and services with smart grid applications, such as supervisory control and data acquisition (SCADA), energy management systems (EMS), outage management systems (OMS), and distribution management systems (DMS), has been limited to date. According to a recent report from Pike Research, a part of Navigant’s Energy Practice, that will change rapidly over the next five years, as the penetration of GIS into these smart grid applications accelerates.

Utility spending on electric utility GIS software and services will essentially double from 2011 to 2017, growing from $1.8 billion in 2011 to $3.7 billion in 2017, the market intelligence firm forecasts.

“Until recently, complexity and quality issues surrounding geographic data have constrained utility adoption of GIS technology,” says chief research director Bob Gohn. “But the success of the smart grid revolves around the SCADA/OMS/DMS/GIS matrix, and having all these aspects operating in concert, driven off of the same data sources, is a mission-critical requirement.”

The other factor driving the penetration of GIS tools and services in the utility sector is an increasingly mobile workforce. Approximately 60% of all utility employees work in the field on assets that have spatial attributes. Until mobility recently became viable, asset changes or status updates were made on hand-drawn maps and provided to office-based GIS technicians, who would interpret and enter the data on a schedule that often ran months late, resulting in a GIS database that was not current and perhaps not accurate. The spread of mobile GIS tools is automating that process and ensuring that updates are made accurately, in real time.

The report, “Utility Geographic Information Systems”, analyzes the global market opportunity for GIS across four key application segments: GIS tools and GIS workflow applications for architecture, engineering and construction (AEC) and for operations applications. The report provides a comprehensive assessment of the demand drivers, business models, and technology issues associated with this rapidly growing opportunity. Key industry players are profiled in depth and worldwide software and services revenue, segmented by region, are provided through 2017. An Executive Summary of the report is available for free download on the Pike Research website.

About Pike Research

Pike Research, which joined Navigant’s global Energy Practice on July 1, 2012, provides in-depth analysis of global clean technology markets. The team’s research methodology combines supply-side industry analysis, end-user primary research and demand assessment, and deep examination of technology trends to provide a comprehensive view of the Smart Energy, Smart Grid, Smart Transportation, Smart Industry, and Smart Buildings sectors. Additional information about Pike Research can be found at www.navigant.com/pikeresearch.

About Navigant

Navigant (NYSE: NCI) is a specialized, global expert services firm dedicated to assisting clients in creating and protecting value in the face of critical business risks and opportunities. Through senior level engagement with clients, Navigant professionals combine technical expertise in Disputes and Investigations, Economics, Financial Advisory and Management Consulting, with business pragmatism in the highly regulated Construction, Energy, Financial Services and Healthcare industries to support clients in addressing their most critical business needs. More information about Navigant can be found at www.navigant.com.

* The information contained in this press release concerning the report, “Utility Geographic Information Systems,” is a summary and reflects Pike Research’s current expectations based on market data and trend analysis. Market predictions and expectations are inherently uncertain and actual results may differ materially from those contained in this press release or the report. Please refer to the full report for a complete understanding of the assumptions underlying the report’s conclusions and the methodologies used to create the report. Neither Pike Research nor Navigant undertakes any obligation to update any of the information contained in this press release or the report.



Contact:

Pike Research
Richard Martin, +1.303.997.7609
Email Contact
or
Laverne Murach, +1.202.481.7336
Email Contact




Review Article Be the first to review this article
Harris


Featured Video
Jobs
GIS Analyst II for Air Worldwide at Boston, MA
Business Partner Manager for Cityworks - Azteca Systems, LLC at Sandy, UT
Mechanical Engineer for IDEX Corporation at West Jordan,, UT
Senior Structural Engineer for Design Everest at San Francisco, CA
Upcoming Events
RoboUniverse San Diego at San Diego CA - Dec 14 - 15, 2016
DGI 2017 at QEII Centre London United Kingdom - Jan 23 - 25, 2017
Geospatial World Forum 2017 Hyderabad at Hyderabad International Convention Center P.O Bag 1101, Cyberabad Post Office Hyderabad Telangana India - Jan 23 - 25, 2017
Trimble
CADalog.com - Countless CAD add-ons, plug-ins and more.



Internet Business Systems © 2016 Internet Business Systems, Inc.
595 Millich Dr., Suite 216, Campbell, CA 95008
+1 (408)-337-6870 — Contact Us, or visit our other sites:
AECCafe - Architectural Design and Engineering EDACafe - Electronic Design Automation TechJobsCafe - Technical Jobs and Resumes  MCADCafe - Mechanical Design and Engineering ShareCG - Share Computer Graphic (CG) Animation, 3D Art and 3D Models
  Privacy Policy