Ambient Corp fka AMBTQ

[polkamatic]

from SmartGridNews:
Utility Industry Predictions
1/20/2010

4. Smart Grid spending will hit $18 billion by 2013.

· Drivers include the ongoing smart meter rollouts; the stimulus funding won’t have an impact until late 2010 at the earliest

· By year end the country will be at 20 million smart meters and 15% market penetration

· The infatuation with consumer-facing technologies will cool and the focus will shift to distribution automation



We've said before that we expected distribution automation to be the next growth area. However, expenditures will still be relatively modest compared to the larger metering segment.
http://www.smartgridnews.com/artman/publish/News_Commentary_News/IDC-s-Annual-Utility-Industry-Predictions-With-a-Spin-1727.html