RESTON, Va.--(Tollgrade Communications, Inc., a global leader in providing network assurance solutions to the world’s largest utilities and telecommunications providers, announced that it has been named a winner in the 2013 ‘Smart Grid Companies to Watch’ competition from Smart Grid News. More than 12,000 votes were cast in the final round, with the top 13 companies identified by Smart Grid News as “the ones that SGN readers told us have the potential to be 2013 superstars.”)--
“Being named a ‘Smart Grid Company to Watch’ is an honor. The recognition comes at a time when we are projecting to more than double our annual smart grid revenue in 2013, and rapidly extend our market reach into Europe and South America”
“Being named a ‘Smart Grid Company to Watch’ is an honor. The recognition comes at a time when we are projecting to more than double our annual smart grid revenue in 2013, and rapidly extend our market reach into Europe and South America,” said Erik Christian, vice president of Smart Grid for Tollgrade. “Our customers repeatedly cite three major challenges that all utilities face when it comes to modernizing their distribution grid: maximizing the life of high-value assets, improving reliability and boosting grid visibility – all of which are key applications provided by our industry-leading LightHouse distribution grid monitoring platform.”
Whether it’s identifying and locating faults to reduce outage time, providing real-time monitoring to balance load and protect the life of substation transformers or optimizing grid efficiency, Tollgrade’s LightHouse solution is helping utilities solve the real-world challenges that impact the reliability of the distribution grid. Tollgrade currently has 10 customers at many of North America’s largest utilities.
Tollgrade brought its legacy of providing network assurance to the smart grid by launching in 2009 its first solution for utilities, the Tollgrade LightHouse platform. This next-generation distribution monitoring solution provides real-time grid intelligence using data gathered wirelessly from sensors that sit on the medium voltage grid. Combined with predictive analytics software, LightHouse monitoring allows utilities to protect high-value assets, detect outages before customers call and, in many cases, prevent future problems.
With a global footprint and over 25 years of experience providing cutting-edge network assurance solutions, Tollgrade Communications, Inc. has built a reputation for improving the reliability and operational efficiency at the world’s largest utilities and telecommunications providers allowing operators to reduce customer down time and recover lost revenue. In 2011, Tollgrade was acquired by Golden Gate Capital – a San Francisco‐based private equity firm with more than $12 billion of capital under their management. Learn more about the company at www.tollgrade.com