1 posts and columns on next-generation electrical grid

Cisco Diversifies Again as Chambers Discusses Rivals

in News on May 19, 2009 at 4:49 am PT

Cisco on Monday announced an initiative to sell high-tech gear to utilities, a market the company says could be a $20 billion-a-year market by 2014. Political junkies may have heard the term “smart grid,” which is one of the areas that the Obama administration has targeted with its stimulus package. The government is committing billions to facilitate building a next-generation electrical grid that’s more energy efficient.