Insight

IoT for the utilities & smart metering industry – a quick overview

What should utilities companies expect from smart meters and IoT solutions? Read this quick overview from Telenor Connexion to find out.

If you work in the utilities industry, you’ve probably heard about the transformative power of connected devices. But what are the real world benefits of the Internet of Things (IoT)?

Below are a few of the benefits of investing in an end-to-end IoT solution.

Gain valuable insight into the grid

Smart meters provide a reliable and secure source for real-time data on energy consumption and power supply quality.

Reduce cost of ownership

Operational and maintenance costs are decreased with remote monitoring of data and upgrades for large numbers of geographically dispersed meters.

Easily comply with regulations

Automatic meter reading (AMR) via smart meters makes it easier to adhere to regulations and legal requirements.

Increase operational efficiency

Control asset usage, detect malfunctions and leakages, and take measures to prevent outages based on data from IoT devices.

Manage demand and generation

Production capacity can be managed based on real-time data on energy consumption and power supply quality.

Incorporate renewable energy source

A steady and efficient power supply can be managed at a local level, balancing out the grid with electricity from wind and solar generators.

Secure the grid and prevent fraud

A securely encrypted solution protects the grid from digital threats and helps prevent energy theft.

Create a win-win with user data

Data on consumption helps consumers understand and plan energy usage, and allows suppliers to create incentive for limiting consumption.

Improve offerings and transform business models

Higher customer satisfaction is achievable with more personalized services based on real user data.

Achieve this and more with your IoT solution

You can accomplish this and more with an end-to-end industrial IoT solution from an experienced partner. Contact us today to learn more about how IoT can transform your business.

Use cases

Scheduled meter readings

Readings of actual consumer usage.

Ad hoc meter readings

For readings when consumers relocate.

Smart grid features

Fault detection, self-healing, load balancing and more.

Smart home applications

Enable the monitoring and control of power usage.

Renewable energy sources

Adjust on a local level to integrate solar panels and wind turbines into the grid.

Are you ready for IoT?

Is your company ready for IoT and digital transformation?

Our IoT Readiness Test will help you determine where your organisation is today and what steps you need to take to develop and deploy successful IoT solutions.