Sign Up Now
Get instant access to over 1 million+ study documents
OR
Already registered? click here to login
By creating your account, you agree to our terms of service, privacy policy and student honor code.
Emerging Smart Grid
A smart grid is an electrical grid that utilizes information, data analysis and communication technology to collate data from the behaviors of suppliers and consumers, as well as production, to find the most efficient, reliable, cost-effective, and sustainable way of distributing electricity. This paper is a focused on the competitive intelligence paradigm of the topic using both utility and technology vendors as examples.
We find that when using a smart grid, there is a unique opportunity to move the utility industry into a new era in line with the demographics and psychographics of stakeholders -- namely, greener, more sustainable, and less expensive. When in place, using a smart grid can benefit the utility company and subscriber by providing a more efficient way to transmit power, less down time due to natural or other disasters, reduced operational costs, reduced peak demand spikes, and improved security. Smart grid technology is necessary as a way to address a utility infrastructure that is in dire need of repair. By robustly engaging in this technology, we can prevent outages from outdated or unsafe equipment, and save money doing so.
While the...
While we know that in 2012, the global market could reach almost $34 billion, there is a significant investment necessary to see the quality and quantity of necessary improvements. Further, the increase in usage due to technological improvements will only intensify this need, making the investment in this infrastructure a clear societal priority.
Recommendations
One of the ways in which the late 20th century evolved was the change in economic, political, and cultural movements that, through technology, seemed to move countries of the world closer together. This idea, broadly called globalism, refers generally to the idea that as life becomes more technologically complex, people in various countries are tied together, regardless of their government, culture, religion, or specific country. Similarly, the 21st century has already seen the resurgence and globalization of culture and individual expectations; moving from more strict and inward center philosophies to a more outward and global approach. Globalization is changing…
REFERENCES
EPRI. (2012). Smart Grid Resource Center. Electric Power Research Institute. Retrieved from:
http://smartgrid.epri.com/
Mazza, P. (2005). Power Up the Smart Grid. Climate Solutions. Retrieved from:
http://fortress.wa.gov/wutc/home/webdocs.nsf/de53b07997d108ea882563b50072c5b3/bc3ced6bb5f4cf29882570200083aaa3
Competitive Intelligence Report: Barclaycard Today, Barclaycard has grown from its relatively humble beginnings in 1966 to become one of the leading credit card companies in the United Kingdom with more than 10,000,000 cardholders as well as almost nine million cardholders abroad. Although the company has enjoyed a steady increase in the number of cardholders and Barclaycard has been a first mover in introducing new technologies into its business plan in recent
Thus, the competitive intelligence assisted the company to align its strategic plan as well as keeping executive informed about the key element of decision-making. The company also derived advantages from market intelligence advantages and the advantages assisted the company to understand the market activities and competitive market environment. Typically, Avnet also used the competitive intelligence to create a Strategic Leverage Matrix (SLM) that the company literarily plots to understand the
2. Is it ethical to send an attractive employee to a bar to "hang out" with a competitive employee in the hopes of getting information? Again, this is quite dependent upon the situation. If one "assigns" the attractive employee to participate in espionage as part of their job duty, and it is fully disclosed, then it is not necessarily unethical -- any more than sending someone to shop for a
Personal Statement At present, I am a graduate student at the Information Systems Department with a 3.7 GPA. Over the course of pursuing my master's degree, I have become increasingly aware of the importance of competitive intelligence (CI) in the business world. With this in mind, I have decided to apply to the certification program in CI to enhance my current studies and marketability as an employee once I graduate. The success
First of all, the Internet, as well as local press and articles, will be important in defining the general characteristics of the market and consumers. Subsequently, specialty articles, edited by business organizations such as the local Chamber of Commerce will provide useful information on all the companies in a certain economic sector, namely the company's direct competitors. Relevant information in terms of the consumers can also be available from
Performance Assessment in Competitive Intelligence: An exploration, synthesis and research agenda, written by David Blenkhorn from Wilfred Laurier University and Craig Fleisher from Windsor University. The purpose of the article is to "answer the vital question -- What are the critical factors to assess competitive intelligence (CI) performance?" The research question refers to the role that competitive intelligence plays in a company's profitability. The question is interesting in that