Tag Archive | power

Utilities Must Prepare for Cyber Threat Increase

Utilities Must Prepare for Cyber Threat Increase

Digital OT makes an attractive target for a host of actors whose objectives range from financial gain to sheer disruption – and today, a cyber arms-race is the new normal for utilities and their suppliers. As digital technologies spread through and add value to energy infrastructure, attacks will continue to escalate in frequency and sophistication.

via World Economic Forum

Artificial Intelligence Enables Clean Energy Solutions

Artificial Intelligence Enables Clean Energy Solutions

“Innovation-as-usual is no longer enough. Fortunately, artificial intelligence (AI) is emerging as a catalyst for scientific discovery, helping clean energy innovations get to market faster and disrupting existing business models.”

via World Economic Forum

Why Public Utilities Invest in Cybersecurity Solutions

Why Public Utilities Invest in Cybersecurity Solutions

The new infrastructure can expand the number of threat vectors, rendering smart utilities vulnerable to cyber attacks. Maintaining resilient electrical power generation and transmission — as well as water distribution and treatment — are key to protecting the public utility environment.

via Digital Lifescapes

New Processor Designs Built for AI Workloads

New Processor Designs Built for AI Workloads

Major hardware companies like IBM, Intel, Nvidia and AMD are embracing the change in architecture and tuning hardware that encourage the creation of artificial neural nets, as envisioned by researchers in 1960s.

via The New Stack

Global Smart Grid Cyber Security Market Growth Upside

smart grid security market research

The global smart grid cyber security market will to grow at a CAGR of around 10 percent between 2016 and 2020, according to Technavio. In 2015, the global smart grid cyber security market was dominated by the Americas, with a market share of over 41 percent.

Source: Technavio

Internet of Things will Create Demand for Sustainable Power

internet of things sustainable power source

The Internet of Things (IoT) will run your home, keep you healthy and even check how much food is in your fridge. It will mean a trillion new “smart sensors” being installed around the world by 2020. But what’s going to power these devices?

Source: World Economic Forum

European Utilities Spending on Software to Reach $4.8 Billion

electric gas utility software applications

Total forecast IT spending by Western European utilities is expected to reach $18.4 billion by 2019, with an estimated 2014–2019 CAGR of 3.3%. Total current IT spending by Western European utilities is expected to be $16.3 billion in 2015, with electricity companies accounting for the largest share.

Source: IDC