The utilities industry has undergone many changes over the past hundred years, but is facing possibly its biggest change, with the introduction of smart grid technology. This will allow utilities to monitor and manage energy consumption patterns and trends of its end consumers. Investing in the smart grid involves a complete transformation of the existing network, for which companies are seeking long term strategic partners. Service providers have recognized the potential and are ramping up their expertise and knowledge in this field. They are looking to build on their existing partnership deals with utilities companies to offer smart grid related offerings, as part of an end to end comprehensive industry solution.
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