Is Smart Grid coming soon to your neighborhood? Don't count on it. With respect to consumer Smart Meters, only about 25% of the installed base has been replaced or approved for replacement. Smart Grid's fundamental concept is that the addition of digital technologies to the electric utility distribution system will permit the monitoring, analysis, control and communications required to maximize throughput while reducing consumption. This will enable utilities to distribute electricity as efficiently as possible and allow end users to consume electricity as economically as possible. While the benefits of Smart Grid are well understood and the technologies to implement the Smart Grid vision have been developed and are rapidly maturing, deployments to date are limited. Let's be clear, however: Smart Grid is a global market where some countries are moving much faster than the USA and where global manufacturers and software companies with sophisticated offerings are staking claims to a share of the market. The worldwide Smart Grid product and services market has been estimated at $69 Billion in 2009 growing to $186 Billion by 2015.