Siemens is on the lookout for more acquisitions to help it establish a stronger position in the software side of the smart grid sector. The Munich-based company was not the first of the majors to jump into the smart grid software business, but it is doing its best to make up for the late entry.
Siemens is already a giant in smart grid hardware. Although it has flagship custom software installations, it has been a laggard in cloud-based solutions and other “packaged” offerings. Now it wants to add its name to the list of software titans.
Thailand’s commitment to modernizing its electrical network with a nationwide smart grid took another step forward this week with its order for 90 Siemens Energy wind turbines to be installed at two plants in the northeastern part of the country.