Market Share of Advanced Distribution Management System Industry
The Advanced Distribution Management Market is moderately competitive owing to the presence of multiple players. The players in the market are adopting strategies like product innovation, mergers, and acquisitions to expand their product portfolio, expand their geographic reach, and primarily stay competitive in the market.
In May 2022, Advanced Utility Systems debuted its Infinity Customer Information System (CIS), a Harris Computer firm. It is a modern, cloud-based customer information and billing software platform that is critical in transforming customer service and billing, customer experience, and field workforce management for utilities. As utilities digitally modernize their customer experience, integrating Advanced's Infinity CIS would boost customer service and engagement initiatives. It boasts unrivaled functionality to assist utilities in accomplishing all of their needs and more. In February 2022, Swell Energy Inc. (Swell), an energy and smart grid solutions provider, announced the general availability of GridAmp, its proprietary Distributed Energy Resource Management System. The expanded DERMS platform combines Distributed Energy Resources (DERs), such as solar and battery storage devices, into virtual power plants (VPPs) to provide utilities with additional grid capabilities. GridAmp will manage multiple grid service operations using behind-the-meter solar-powered batteries as part of Swell's Home Battery Rewards program, an 80-megawatt distributed VPP being developed on the islands of O'ahu, Maui, and Hawai'i - as contracted with Hawaiian Electric and approved by the Hawai'i Public Utilities Commission.
Advanced Distribution Management System (ADMS) Market Leaders
ABB Group
General Electric Company
Siemens AG
Advanced Control Systems
Schneider Electric SE
*Disclaimer: Major Players sorted in no particular order
