[June 29, 2011] IBM Teams With CPFL to Create a Smarter Energy Network in Brazil Tweet (Benzinga Lightning Feed Via Acquire Media NewsEdge) In conjunction with the semi-annual Global Intelligent Utility Network Coalition meeting, IBM (NYSE: IBM) today announced its collaboration with CPFL Energia Holdings (NYSE: CPFL), the largest privately owned energy provider in Brazil, to make its energy networks more efficient and resilient. Together, the two companies will develop a smart grid strategy that drives operational efficiency and optimizes the communication network to improve customer service and workforce management. IBM is assisting CPFL by providing consulting and assessment services to implement three of its SmartGrid projects: "Automatic Meter Data Collection," "Meter Data Management", and "Optimized Communications Network." The projects are part of an investment strategy confirmed in 2009 when CPFL Energia became a member of the GIUNC, a group of energy and utility companies determined to further the adoption of smarter energy grids around the world. "Investing in a smart grid is more than a trend; it is a market requirement, especially here in Brazil where power consumption and population are expected to increase over the coming years," said Rubens Bruncek Ferreira, Director at CPFL Energia. "Our collaboration with IBM ensures that we have the guidance, assessment tools and methodologies in place at the onset – all instrumental components to creating a roadmap that matches our current and future needs." (c) 2011 Benzinga.com. All rights reserved. This material may not be published in its entirety or redistributed without the approval of Benzinga. [ Back To TMCnet.com's Homepage ]