Image: Gridspertise
Cisco and Gridspertise have signed an MoU to collaborate on developing and deploying new solutions for digital innovation in electricity grids.
The MoU is aimed to leverage the technological and business expertise of the two companies, with a key component the creation of a joint ‘centre of competence’ to focus on integrating existing solutions and developing new ones to address current and future challenges in the electricity market.
For Gridspertise the partnership confirms its strategic approach to expanding its product and service offerings and extending its global reach through collaborations with top-tier technology partners, a statement reads.
For Cisco it enhances its strategy for the utility sector, which emphasizes innovation and ecosystem collaboration.
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“Utilities worldwide are on the path to an energy and sustainable transition and our role is to support them by helping the ecosystem grow and developing digital technologies that enable electrification, new models of energy production and consumption, and the increasing use of renewable sources,” commented Gianmatteo Manghi, CEO of Cisco Italy.
“The agreement with Gridspertise and the creation of the joint centre of competence represent important opportunities to accelerate on this global transition.”
Robert Denda, CEO of Gridspertise, added his enthusiasm to partner with Cisco.
“This agreement is an important step in advancing the digitalisation of the energy system.
“With cybersecurity, AI and the IoT playing increasingly vital roles, our combined digital solutions will help utilities worldwide improve the resiliency, efficiency and flexibility of their power grids, enabling them to more easily integrate renewable energy and meet evolving customer needs.”
Among the new solutions under development is the incorporation of Cisco products and technologies into Gridspertise’s offerings.
A potential example is a version of Gridspertise’s Quantum Edge device with an integrated Cisco router, allowing customers to continue using Cisco telecommunications solutions in smart grid environments.
Additional areas of development include digitalisation technologies tailored to electricity distribution networks and the creation of solutions for virtualising secondary substations within the distribution network.
