Greentech Lead Asia: IT consultancy and services provider
Mahindra Satyam, in pact with Symantec, a provider of security and storage
products, is developing solutions to improve smart grid network security.
With this partnership, Mahindra Satyam is planning to
strengthen its focus on smart grid services to global utilities.
Security is a major concern for smart grid deployments.
With different standards in place for smart grid, compliance becomes a concern
Mahindra Satyam already offers consulting, product
engineering, design, evaluation and implementation services for the Smart
Grid sector. Through this partnership both companies plan to leverage their
expertise to deliver cyber security and compliance
solutions to the smart grid industry.
“Mahindra Satyam is uniquely positioned to address some of the most pressing
next generation energy challenges through smart grid technology,” said Arvind Malhotra,
senior vice president, Mahindra Satyam. “Collaborating with an industry leader
such as Symantec will help us to provide highly secure, reliable and robust
smart grid solutions to our customers across the world.”
The combined approach will leverage Symantec’s Smart Grid solutions for control
center security, data control and management, as well as system and device
security while utilizing Mahindra Satyam’s extensive experience in deploying
and managing Smart Grid solutions.
“The integration of power grid management with IT and networking technologies
opens up new possibilities but also brings with it new challenges,”
said Jose Iglesias, vice president, Smart Grid Initiatives, office of the
CTO, Symantec. “We are excited to be working with industry leader Mahindra
Satyam to maximize the benefits of smart grid technology and develop safe,
secure and effective energy solutions.”
Grid to touch $46 billion in 2015
Recently IDC Energy Insights predicted that global smart grid spending is
likely to reach $46.4 billion in 2015 at an estimated CAGR of 17.4 percent from
2010 to 2015. The Asia/Pacific region is forecast to experience the most growth
in spending with a five-year CAGR of 33.7 percent.