Intelligent grid will propel greater utility IT spend

05/9/2010 | eChannelLine USA Daily News

Tech investment among utilities will increase by an average of 4% this year, according to a IDC Energy Insights study, and 24% of utilities expect to boost their budgets, while 16% will see budget cuts and 60% won't change from last year. The investment growth is because of efforts to build the intelligent grid.

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