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IBM has been named systems integration partner for the $100 million smart grid initiative led by the EnergyAustralia consortium. IBM will lead the development of Australia’s first smart grid network, following the formal contract signing of the deal between EnergyAustralia and the Australian Government and work will commence immediately.

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EnergyAustralia, Australia's largest electricity distribution network, today announced an agreement with IBM (NYSE: IBM) for the implementation of an energy network monitoring and control solution.

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