Latest Federal & Government Contracting Companies' News Coverage
Gregory Garrett, head of international cybersecurity at Chicago, Illinois-based professional services firm BDO USA, has said companies should ramp up efforts to build up the frequency and quality of their cybersecurity education and training programs in an effort to protect their networks from threat actors, Digital Journal reported Saturday. His remarks are in response to […] More
The U.S. Navy has awarded $2.7 million in grants to six research teams from Purdue University as part of efforts to identify or develop alternative sources of energy to power naval assets. The university said Monday the interdisciplinary teams each received $450,000 under the Navy Enterprise Partnership Teaming with Universities for National Excellence program to support their respective […] More
A partnership between the U.S. and India that seeks to advance grid modernization will collaborate with the private sectors in the respective countries to provide a $30 million funding opportunity for a five-year smart grid and energy storage research project. The Energy Department and India’s ministry of science and technology will each allot $7.5 million over five […] More
Hortonworks has set its eyes on an expanded customer base in Europe for its Open Enterprise Hadoop offering via partnership with Open Energi on the utilization of smart power grids in the U.K. Hortonworks said Sept. 3 Open Energi will deploy Hortonworks Data Platform to help analyze and extract insights from energy consumption data streamed from meters connected to the […] More
A report by Mordor Intelligence predicts that the global critical infrastructure protection market will grow at an 8.5-percent compound annual growth rate from $80.5 billion last year to $131.33 billion in 2020. Mordor Intelligence said the growth will follow developments in smart grid technology, cloud computing and critical infrastructure technology amid the potential impact of cyber attacks or system […] More
Research and Markets has published a report that sets a 14.17 percent compound annual growth rate for the global industrial cybersecurity market from 2014 to 2019. The research firm said Wednesday manufacturing and power generation companies invest in information technology security tools to protect their assets from keyloggers, adware, crimeware and distributed denial-of-service attacks. Smart […] More
Lockheed Martin has developed a smart grid technology with Dominion Resources that works to detect and map power outages remotely and support response planning by sending relevant data from the remote location. Lockheed said Thursday VirtuGrid combines the company’s technology and Dominion’s distribution engineering experience to help energy and utility companies manage power distribution. “VirtuGrid will help utilities […] More
A new ReportsnReports study has forecast a smart grid analytics market that is set for a 25 percent year-over-year growth from 2014 to 2019. The report presents future market trends, analysis, sizing, growth potential, drivers, challenges, opportunities, future ecosystem and emerging technologies, ReportsnReports said Sunday. The organization noted the small and medium businesses“™ focus on gaining insights into […] More
Software AG predicts that the digital energy industry will see increased merger activity and adoption of Internet of Things technologies in 2015 due to continually changing oil prices. “Oil prices will be the overriding concern next year and may dictate everything we see going forward,” Donald Fisher, senior director of energy solutions at Software AG, said Wednesday. He […] More
Venture capital deals and funding for the smart grid industry reached $142 million in value third quarter of 2014, almost double the amount of investments from the previous three months, market intelligence from Mercom Capital Group says. The report identified Savant Systems of New York as the top VC-funded company, which raised $90 million for its home automation portfolio in Q3 2014, followed by big […] More
Dell and Siemens have partnered to run the electronics company’s software for power grid data management on Dell-made desktop computers. Siemens’ smart grid business seeks to integrate its Spectrum Power 4 application running on top of the Solaris operating system into OptiPlex XE2 desktops by collaborating with Dell’s OEM Solutions division, Dell said Wednesday. “We […] More
Research and Markets projects a 9.7 percent compound annual growth rate for the global smart grid cybersecurity market through 2018 due to what the firm sees as a growing complexity of cyber attacks on smart grid networks. “The security of the smart grid network is a major issue faced by power utilities because there is a frequent exchange of sensitive information […] More
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