Q: Tantalus Systems (GRID)
The Company’s solutions include TRUConnect AMI, TRUFlex Load+DER Management, TRUGrid Automation, TRUSync Grid Data Management, and TRUSense Gateway.
Could you explain in English exactly how this will utilities, will utility's make more money, is it only for utility's?
Thank you.
The Company’s solutions include TRUConnect AMI, TRUFlex Load+DER Management, TRUGrid Automation, TRUSync Grid Data Management, and TRUSense Gateway.
Could you explain in English exactly how this will utilities, will utility's make more money, is it only for utility's?
Thank you.
5i Research Answer:
Some of it is cost savings, some of it is just modernization tailwinds. Utilities are the main customer. Utilities are moving to more modern solutions that help them better manage workloads as well as track and collect data. So, by default, these types of solutions are being adopted as the new standard as older equipment ages out. The tools also help to mitigate outages and helps them see outtages and issues quicker and help with response times. Being able to collect meter data without a person being physically present also helps with costs as well.