Intelligent, digital energy distribution.
As enterprises continue to generate more data that must be stored and protected, they are forced to increase the size of their data centers and draw on additional resources to support and manage them. Hardware, power and cooling requirements for data centers are increasing rapidly, with modern data centers today consuming 10 to 100 times more energy per square foot than a typical office building. This is putting increasing pressure on utilities and governments to look for expertise and consulting services to digitize the distribution of energy throughout the electrical grid, known more colloquially as a Smart Grid. BCC Research says the U.S. market for Smart Grid enabling technologies will grow at a 15.3% CAGR, increasing to $39.4 billion in 2014.
Through its UtiliPoint brand, Midas provides custom research, market data and management, technology and policy consulting services to utilities, regulators, and energy industry service providers both domestically and internationally. These services are provided using multi-disciplinary teams with deep subject matter expertise, highly analytical methodologies, primary research and technology-enabled tools. Midas helps clients conceive, develop, implement and improve Smart Grid and other energy solutions that address the efficiency, reliability and security of the generation, transmission, and distribution of electricity to end users.
As one of the leading providers of Smart Grid consulting services, the UtiliPoint brand provides a sizable opportunity to leverage projects into Midas’ other green IT focused services, especially after working closely with utility and enterprise teams on the ground and becoming acquainted with their IT system needs.
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