ROCKVILLE, MD (GLOBE NEWSWIRE) -- Telvent (Nasdaq:TLVT), the IT company for a sustainable and secure world, announced that Telvent DMS has received a 2009 SmartGrid.TMCnet.com Product of the Year Award from Technology Marketing Corporation (TMC) and Intelligent Communications Partners. Telvent DMS advanced analytics engine allows utilities to optimize their electric distribution grid and make the most out of existing assets. This robust, versatile toolset delivers complete functionality for planning, operation and analysis of the electric distribution system.
Utilities that have deployed Telvent DMS report major operational improvements and significant, tangible cost savings directly attributable to the system, related telemetry and controls that enhance the operation of the distribution network. Utilities can achieve bottom-line energy cost savings of 2 to 5 percent -- even in some cases, eliminating the need to build new coal-powered generation plants.
Highly scalable, Telvent DMS is built with open architecture to fully integrate with other smart grid applications. With a single database supplying multiple applications, utilities minimize errors and avoid the cost and inefficiencies of redundant updates.
"Advancing the smart grid is critical to achieving a more sustainable and secure world, and we are appreciative of TMCnet for recognizing our innovative advancements in smart grid technology," said Telvent Chairman and CEO Manuel Sanchez. "No matter where a utility is with its smart grid initiatives, Telvent's distribution management system can be implemented to complement its existing efforts and maximize the effectiveness of its infrastructure."
"SmartGrid.TMCnet.com is pleased to grant a 2009 Product of the Year Award to Telvent for their distribution management system. Telvent has proven it is committed to quality and excellence while addressing real needs in the marketplace," said Rich Tehrani, CEO, TMC. "We're proud to honor their accomplishments in the advancement of the smart grid technologies."
The First Annual SmartGrid.TMCnet.com Product of the Year Award winners are featured on its website and published in its e-newsletter. For more information about the 2009 Smart Grid Product of the Year Awards or any of the TMC media properties, please visit www.tmcnet.com.
Technology Marketing Corporation (TMC) is a global integrated media company helping clients build communities in print, in person and online. TMC publishes Customer Interaction Solutions, INTERNET TELEPHONY, Unified Communications, and NGN magazines. TMCnet, TMC's Web site, is the leading source of news and articles for the communications and technology industries. TMCnet is read by two million unique visitors each month on average worldwide, according to Webtrends. TMCnet has ranked within the top 3,500 in Quantcast's Top U.S. sites, placing TMCnet in the nation's top .03 percent most visited Web sites.
Telvent (Nasdaq:TLVT) is a global IT solutions and business information services provider that improves the efficiency and reliability of the world's premier organizations. The company serves markets critical to the sustainability of the planet, including the energy, transportation, agriculture, and environmental sectors.