Telvent (Nasdaq: TLVT) announced that it will work with Microsoft (Nasdaq: MSFT) as an independent software vendor (ISV) to create smart grid solutions for the utility industry.
This collaboration will allow Telvent greater access to Microsoft technology and resources, including performance metrics, response times and security. Telvent will also incorporate more of Microsoft’s Smart Energy Reference Architecture (SERA) and cloud computing platform.
As a result, Telvent said utilities will benefit from reduced IT costs, easier-to-implement upgrades and more convenient monthly software fees rather than large, capital-intensive IT projects.
Today, more than 500 utilities worldwide rely on Telvent technology and solutions. Some of the company’s most recent projects include Advanced Metering Infrastructure (AMI) deployments for Vattenfall (Sweden), Fortum (Finland) and SCADA, DMS, GIS or OMS projects for Consumers Energy (United States), Progress Energy (United States), Distribution Grids of Elektra (Panama), Emcali (Colombia), Saesa (Chile) and CNFL (Costa Rica).