The implementation of distribution and substation automation, outage management, advanced metering infrastructure (AMI) and various other technologies are all leading to a digitally enabled, self-healing power network that provides equitably priced electricity to all classes of customers through ensuring the security, quality, reliability and availability of power. It will take time to evolve into a truly and fully integrated Intelligent Grid, yet it is happening now as a Megatrend of large potential impact – $28 billion will be spent in the next five years on transmission and distribution projects, much of it adding intelligence to existing systems.
Companies are challenged in their ability to adapt to and take full advantage of digitally intelligent system operations. These technologies require companies to think about management and operations in a new way. The constant flow of information coming from intelligent networks means a company can operate in real-time, using real data – enterprise wide – and this will require process reorientation. Companies need to understand their processes and be willing to reinvent their companies in order to gain the full impact of operational efficiency and the many benefits that are delivered by a fully integrated intelligent system. The sooner the better; those companies that can embrace these changes and adapt to the Destiny of Intelligent Infrastructure will be the companies that excel in the coming decades.