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As large companies like Intel, Cisco and AT&T eye participation in the new, emerging Smart Grid, IBM has jumped in with both feet — providing software that greases the wheels of grid development and pouring $2 billion into startups and utilities building out a cleaner, more efficient grid. Today, it expanded its presence even more with the launch of its Solution Architecture for Energy and Utilities Framework (SAFE) for startups, a software package intended to support basic operations so that companies can focus on innovation.
The International Electrotechnical Commission (IEC) is spearheading a global initiative to support the new "smart" electric power grids around the world with common technical standards that ensure interoperability, security and energy savings.
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