What do Cisco Systems (Nasdaq: CSCO), IBM (NYSE: IBM), AT&T (NYSE: T) and Intel (Nasdaq: INTC) all have in common?
The obvious answer is that they’re four of the most successful technology companies on the planet.
But they’re also heavily involved in the modernization plans for America’s “Smart Grid” – a topic I introduced in a previous column.
Make no mistake, with a decade-long project as monumental as modernizing the country’s “Smart Grid,” the devil is truly in the details. And the Commerce Department released the finer details of the initiative last week.
Until now, one of the big problems with the “Smart Grid” was the lack of set standards. Without them, each power company would be free to do as it pleases, resulting in a hodge-podge of small grids that, in all likelihood, wouldn’t work together.
To put this in perspective, just imagine how well
...
Tags for this Post:America,
AT&T,
Cisco Systems,
communications standards,
contrarian profits,
crucial services,
data communications;,
David Fessler,
Department Of Commerce,
energy usage,
Ibm,
Intel,
Investing Lessons,
IOActive,
IP technology,
leader in IP technology,
Market Commentary,
Mike Davis,
National Institute of Standards,
Obama administration,
senior security consultant,
software codes,
Technology,
USD,
“hooks” into their product