Everything is getting connected: energy meters, thermostats, weather stations, boilers and HVAC appliances. This evolution opens new opportunities for utilities to play a pivotal role in the new connected energy ecosystem, both in the consumer and the business segments. As an example, below we describe the opportunity in the smart metering space.
New technologies such as Sigfox and LoRa have the potential to spur the adoption of smart meters, as they allow to equip meters with cheap, low bandwidth communication technology. With the advent of smart metering, utilities have the capability to obtain more frequent electricity, gas and water meter readings and hence have an up-to-date view on the actual consumption. It would be a missed opportunity if these meter readings are used only to provide bills based on actual consumption.
Waylay’s technology allows the integration of smart metering solutions with enterprise IT infrastructure to increase efficiency and improve customer service: