Smart Cities

Good News & Bad News – Smart Grid Needs a Big Push to Achieve its Potential

The first 4 months of this year has seen momentum slow down in some important aspects of the development of the Smart Grid business. Memoori’s Executive Brief over the last 4 months shows that following a rapid growth in the consolidation of the smart grid business in 2010, momentum has not been maintained. Deals are marginally down on the same period as last year but one major deal (Landis+Gyr, reported to be in-play), could make a major boost to acquisition activity. Similarly investment in the business for the first 4 months of this year is running at the same level as 2010 and that is more concerning given the need to develop new products and pay for their installation. The financial performance of the major players has improved with both revenues and profits well up on 2009 and continuing into the 1st quarter of this year; but whilst trading conditions look very promising for this […]

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