By Greentech Lead Asia: GridMaven, a division of SK
Telecom Americas, the largest wireless operator of South Korea, has completed
deployment of GridMaven Network Manager (GNM) in Korea’s Jeju Island smart grid
testbed. Jeju Island is the Korean government’s showcase $200M testbed for
demonstrating and commercializing end-to-end smart grid infrastructure.
The GNM software platform is running in the SmartPlace
Network Operations Center and enables operators to manage the testbed’s AMI,
backhaul, electric vehicle and home areas networks seamlessly. GridMaven also
will extend the viability of legacy networks to new applications with new
performance requirements, such as retail energy trading and demand response.
“GridMaven Network Manager will allow the SmartPlace
NOC to optimize network performance with a system-wide view that hasn’t been
available before. With it, we can manage massive data while maintaining grid
stability,” said Paul Moon, vice president of GridMaven.
The Jeju Island smart grid
project integrates 5 focus areas into one ecosystem including smart
homes and appliances, energy storage, electric vehicle transportation
infrastructure, renewable energy, and green buildings.
GNM leverages the resources of its parent company, SK
Telecom including over 20 years of industry-leading R&D in a
multi-network operating environment. GridMaven’s flagship product reflects the
company’s mission to provide innovative telecommunications solutions for the
smart grid.
SK Telecom posts 2% increase in revenue to 3.98 trillion won in
first quarter
Recently, SK Telecom posted revenue of 3.98 trillion won
for the first quarter of 2012. Promotional campaigns for faster
fourth-generation mobile services using the LTE technology helped the Asian
telecom operator post significant revenue. SK Telecom’s first-quarter net
profit fell 39.8 percent to 323.3 billion won ($286.5 million) in the first
quarter.