Omnetric to open Brazil smart grid center

Munich-based smart grid solutions provider Omnetric Group will open its first Latin American office in Brazil later this year.

A joint venture between Accenture and Siemens, Omnetric said it planned to use the new Belo Horizonte base as a springboard for growth in the region.

"The launch of Omnetric Group in the country will help meet the growing local market demand for advanced solutions that facilitate smart grid management," said Adriano Giudice, managing director of Accenture's utilities industry group in Brazil.

"Through effective convergence of IT and operational technologies, these solutions will help Brazilian utilities to better integrate new technologies, such as renewables and microgrids, into electricity networks. They will also help to improve grid operations with reduced costs and increase capital effectiveness by enabling more-informed business decisions based on real-time data from the grid."