Telvent GIT, SA, which provides software for real-time management of smart infrastructure in the electricity, oil and gas, water, and transportation sectors,, announced on June 3 that its advanced distribution management system (ADMS) smart grid solution was evaluated in a recent research report from Stamford, Connecticut-based Gartner (News - Alert), Inc., and rated an overall “positive.”
GE Energy, Oracle, and Ventyx also were rated “positive,” by the report, MarketScope for Advanced Distribution Management Systems, which examined a total of nine companies. Written by Randy Rhodes and Zarko Sumic and published on March 29, the study examined the capabilities and offerings of global smart grid solutions providers who offer ADMS.
The authors liked the features of the Telvent product offering, noting that the Madrid-based company had most of its functions already up and running with a major customer, and said the company had signed more business than most others in the past year.
Specifically, the authors noted, “The Telvent DMS solution was purpose-built from the ground up and provides monitoring, analysis, control, dispatch, planning and training tools with more than 50 distinctive advanced analysis functions.”
In contrast to some of the other providers rated by the report – including Alstom Grid (rated “promising”), Efacec Advanced Control Systems (“promising”) , GE Energy (“positive”), Intergraph (“promising”), Open Systems (News - Alert) International (OSI) (“caution”), Oracle (“positive”), Siemens (“promising”), and Ventyx (“positive”) – the researchers found that Telvent “ is one of the only vendors with a majority of ADMS functions running in production; that is, at its largest implementation site, Enel Italy, with 28 million end customers.”
Telvent gained market traction in 2010 and signed the largest number of contracts of any evaluated ADMS vendors in the past 12 months, according to the study—including several large U.S. and Canadian utilities, such as Progress Energy, Hydro One, and BC Hydro.
According to Telvent's CEO Ignacio Gonzalez, “We are proud that our solution rated among the group of leading global smart grid solutions providers; we believe this is a true testament to our leadership in the smart grid arena. Our solution has recently evolved to help several important utilities address operational strategies and we will continue to invest in meeting the future needs of companies around the globe.”
In related news, on June 1, Schneider Electric SA (SU), a global specialist in energy management based near Paris, agreed to buy Telvent for about 1.4 billion euros ($2 billion) to double its software development capacity.
At the time, Telvent CEO Gonzalez said, “We believe that our customers will benefit highly from this combination. With Schneider Electric (News - Alert), Telvent expects to expand its global footprint, especially in the fast growing new economies. We look forward to this next phase of the development of our company.”
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Cheryl Kaften is an accomplished communicator who has written for consumer and corporate audiences. She has worked extensively for MasterCard (News - Alert) Worldwide, Philip Morris USA (Altria), and KPMG, and has consulted for Estee Lauder and the Philadelphia Inquirer Newspapers. To read more of her articles, please visit her columnist page.
Edited by Jennifer Russell