Posts tagged ‘Cisco’
It’s been a great year for the Smart Grid. Entrepreneurs, venture capitalists, analysts, journalists, and regulators can’t stop talking about it. Experts are competing to project greater market potential. Zpryme puts the Smart Appliance market alone at $15.2bn by 2015, Lux Research talks about $15.8bn, Cisco estimates the overall opportunity at $100bn and Pike research uses a whopping $200bn figure.
Giants like Cisco and IBM have set aside billions to fund Smart Grid activities. The US government has kept up, allocating hefty tax credits and incentives for Smart Grid development, with $3.4bn from the stimulus bill granted to 100 smart-grid initiatives last October. VCs are investing heavily, as these three lists show. But while we anticipate the first Smart Grid IPO (market-permitting) from Silver Spring Networks, we’ve got to wonder out loud: Why isn’t water being served at this party?