Value Realization Methodology for Smart Grid
In a rapidly evolving utilities industry, managing data with Smart Grid has become imperative as much as managing pipes and wires.
The American Recovery and Reinvestment Act (ARRA) has given an unprecedented funding resource to the United States Department of Energy (DOE) which in turn has resulted in the Smart Grid Investment Grant (SGIG) program and Smart Grid Demonstration (SGD) program. As part of the Smart Grid programs, DOE has awarded approximately US$ 4 billion to utilities and regional transmission organizations to jump start smart grid deployment and demonstration on a massive scale. The DOE has to ensure that the invested funds maximize public benefit.
The need is to create new ideas and technologies, while integrating existing intelligent devices. To enable efficient Smart Grid, information technology and operational technology must work together.
Infosys Value Realization Method evaluates the DOE Smart Grid stimulus and enables compliance with the reporting requirements. Our IMPACT Business Transformation Methodology enables realization of DOE results.
The DOE ARRA stimulus funding has created a new means to share isolated experiences within the growing smart grid ecosystem.
|Mandatory DOE reporting requirements||Infosys Value Realization Method (VRM) Stimulus Funding Dashboard||Compliance with DOE reporting requirements |
|Need to connect DOE results to smart grid ||Infosys Value Realization Method||Improved understanding of how DOE results will be delivered by different smart grid change programs|
|Need to link DOE investment to business transformation||IMPACT Business Transformation Methodology||Assurance that DOE results will be realized through application of IMPACT Business Transformation methodology to affected business processes |