Challenges in Smart Grid Project ExecutionSolution to address the challenges

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Agenda:

• When Grid become Smart?

• Challenges to develop smart grid solution

• Various approach taken to improve the situation

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ABB in smart grid horizon

Source : GTM ResearchVentyx – an ABB company

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When Grid Become Smart…

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Smart Grid market trend….

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Smart Grid focus areas.

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Smart Grid solutions

Source ABB

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Smart Grid solutions

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Solution to make Grid Smart

Source: ABB

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Why to Make Grid Smart….

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How to make Grid Smart?

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Aspects influences Smart Grid Projects

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Influences of Internet of Things on Smart Grid

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Building right solution through right product development approach

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Build and Inject Agility into the system: Mantra for successful product development

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Follow Value Based Delivery model

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Controlled stage gate model to develop right product

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Ideation flow integrated with Stage gate development model

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Building step by step right and quality product- Incremental development

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Smart User Interface for controlling the future

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Predicting future through technology..

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Challenges with aging infrastructure

• Aging is inevitable, and the electricity grid is no exception a impediment for smart gird project

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Deploy gamification to increase stakeholder engagement

• Build Fun ,play and work concept into the system

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Stake holder management with extreme collaboration

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Cyber security Responsibility

Vendors should establish policies and processes for: • Threat modeling the

architectures and designs

• Source code validation• Product testing• System testing

• Patch validation• Antivirus validation• Vulnerability

management and mitigation

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Key takeaway: Few steps we have taken to achieve desire result

Develop right product with excellent requirement engineering

Build and sustain a Strong Product management team Controlled product development model (standardized) Innovation framework for ideation to market release Build and inject agility into the system(Increase

Operational excellency) Increase engagement through gamification Cyber security compliance Serve few tough customer Extreme collaboration with stakeholders

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Q&A