CONCORD, ON, March 22 /CNW/ - RuggedCom Inc. ("RuggedCom") (TSX:RCM), a leading provider of rugged communications networking solutions designed for mission critical applications in harsh environments, has been ranked as the global market leader with over 50% market share for IEC 61850 routers and switches in Smart Grids according to a recent study by GlobalData.
"RuggedCom is proud to be noted as a market leader," explains Marzio Pozzuoli, President and CEO of RuggedCom. "This achievement is the result of a deep understanding of our utility customers' needs and the resultant hard work we've done in pioneering the development of IEC 61850 compliant Ethernet switches and routers for use in mission-critical applications such as the communications backbone of Smart Grid applications. We were the first to introduce Ethernet switches that not only met but exceeded IEC 61850-3 requirements for communications networks in electric utility substations as far back as 2002 and we continue to introduce new advances and innovations in communications technology for the electric power industry."
The GlobalData report remarks that RuggedCom's vast range of products and reasonable price range has catapulted the company to the leading position. The report also notes that RuggedCom will maintain its market leadership position while continuing to be the top revenue earner in the US market for IEC 61850 compliant routers and switches.
IEC 61850 is the international standard for communication networks and systems in substations. The IEC 61850 standard is developed by the International Electrotechnical Commission's (IEC) Technical Committee 57 responsible for developing and maintaining International standards for power systems control equipment and systems. The Standard defines the communication between devices in the substation and the related system requirements. It supports all substation automation functions and their engineering. Different from that of earlier standards, the technical approach makes IEC 61850 flexible and future-proof. The ideas behind IEC 61850 are also applicable in areas of automation such as control and monitoring of distributed generation.
GlobalData is a leader in Energy research. Their Alternative Energy Research tool helps companies make faster, more educated decisions in the renewable energy sector. GlobalData research covers Wind, Solar, Hydro, Biomass, etc. They are renowned for their market forecasting and primary research capabilities. Along with primary research reports, viewpoints and a global news feed, GlobalData also covers Project Financing. Some current subscribers include GE, Siemens, E.ON AG, Vestas, Exxon Mobil, Suzlon, Areva, GDF Suez, IBM, Cisco Systems, TransCanada, Citigroup, Rabo Bank, and Mizuho Corporate Bank.
About RuggedCom Inc.:
RuggedCom is a leading provider of rugged communications networking solutions designed for mission-critical applications in harsh environments. RuggedCom's technology solutions include Ethernet switches, network routers, wireless devices, serial servers, media converters, software and professional services. RuggedCom's products are designed for use in harsh environments such as those found in electrical power substations and "Smart Grids", intelligent transportation systems, industrial process control and military applications.
To learn more about RuggedCom products and technologies, please visit www.RuggedCom.com. To learn more about RuggedCom in the Smart Grid visit www.RuggedGrid.com.
SOURCE RUGGEDCOM INC.
For further information: For further information: For media or industry analyst support, please contact: Jamie Blakeley, Marketing Communications Coordinator, RuggedCom Inc., (905) 856-5288, (888) 264-0006 toll free