Pike Research names SUBNET as Key Player in Smart Grid Technologies
SUBNET Solutions Inc. | February 10, 2010
Pike Research reports that SUBNET is a key player positioned to fulfill smart grid cyber security needs.
CALGARY, ALBERTA – February 10, 2010: Pike Research, an independent research firm, has released a report analyzing smart grid security market trends and cites SUBNET Solutions Inc. (SUBNET) as a key player. Pike Research’s “Smart Grid Cyber Security” is a 95-page report that provides a market study on emerging smart grid cyber security issues.
SUBNET is a software engineering firm focused on making substations more intelligent. SUBNET provides multi-function and multi-vendor solutions that enable utilities to leverage their existing substation assets to extract data traditionally not available to business units.
In addition to accessing substation data, SUBNET focuses heavily on the cyber security element of how access to data is controlled, logged, and monitored within a utility. PowerSYSTEM Center™ is SUBNET’s flagship product that securely connects corporate users with substation data.
Pike Research estimates the global smart grid cyber security market reached $1.2 billion in 2009 and expects to see this grow to $4.1 billion by 2013. This projected growth is based largely on the U.S. Department of Energy’s smart grid stimulus program, the standards initiatives of the National Institute of Standards and Technology (NIST), and priorities driven by the Federal Energy Regulatory Commission (FERC).
SUBNET currently works with many of the top Fortune 500 utilities to integrate solutions that create a more secure and reliable grid, while at the same time helping utilities meet the North American Electric Reliability Corporation (NERC) Critical Infrastructure Protection (CIP) standards.
To access the report, visit the Pike Research Web site at www.pikeresearch.com.
For more information about SUBNET visit www.SUBNET.com.
SUBNET Solutions Inc. is a global software solutions provider for electrical utilities. SUBNET focuses on Making Substations More Intelligent®. Founded in 1992, SUBNET is an industry leader providing intelligent solutions that securely connect real time electrical utility field information with utility business systems to enable Smart Grid solutions. Over 200 utilities worldwide rely on SUBNET software to safely manage and monitor thousands of substations. Visit www.SUBNET.com for more information.
All product and company names listed are trademarks or trade names of their respective companies.
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Corporate Communications Director
SUBNET Solutions Inc.
Tel: +1 (403) 270-8885