SmartGrid technology is the effective future of the electric power industry. Just consider the numbers: the US SmartGrid market is expected to double in size between 2009 and 2014, from $21.4 billion to $42.8 billion, with global SmartGrid spending exceeding $200 billion in 2015. With significant aid from federal stimulus funding, SmartGrid development and implementation has already begun across the US. Experts expect SmartGrid technology to become the electric industry standard within 20 years.
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We recently heard a traffic analyst from the Texas Department of Transportation (TxDOT) speak about traffic analytics. Living in a city with the fourth-worst automobile traffic in the US, the topic was particularly engaging.