The Internet of Things or IoT has revolutionised our surroundings. Our cities and towns, homes and offices, are now better connected and far more quantifiable. Connected equipment is welcoming IoT at a fast pace. It was predicted by Garner that the use of IoT devices will touch 20.4 billion in 2020. Thus, as the demand for IoT increases, so does the need for network solutions. These network solutions are crucial to guarantee that the devices are working right, storing and monitoring data appropriately. Also, since IoT is continuously developing, network connectivity should be flexible and swift so that the performance requirements of the latest models are met.
As we know, connectivity is the driving force behind innovation, and it is transforming the behaviour of cities in the consumption of big data. One useful tool can look after connectivity requirements for a wide variety of areas, like, urban, rural or densely populated areas. Smart metering is of particular importance in this scenario. It is the perfect connectivity answer for secure, flexible and reliable networking.
What Is Smart Metering?
A smart meter is a digital tool that displays energy consumption data in real-time. They are fitted with the technology that allows for remote monitoring of energy data. Smart meters can be used for a number of commodities like electricity, gas, water, and a few others.
Smart meters are growing popular all over the world. They are excellent to ensure efficient and accurate utility management. Backed by the EU's enthusiastic prediction of smart meters reducing carbon emissions by 9% in 2020, industries and households have been upgrading to smart meters. After all, they provide users with several benefits. Some of these are accurate billing, reduced costs, convenient placements, better energy management, etc.
However, it has been noticed that users often face challenges while incorporating smart meters with their existing infrastructure and customise it according to their unique requirements. Well, IoT precisely helps here.
IoT and Smart Meters
IoT enabled smart meters come with few unique features that elevate the user experience. Such smart meters are advanced and offer multi-purpose solutions. They help in the consolidation, storage and analysis of energy data. Smart meters are also equipped to protect sensitive customer data. These meters are a sustainable solution to both companies and consumers to diversify energy resources and reduce costs. Another impressive advantage of smart meters is the centralised collection of data and the option to customise dashboards. Users can set alerts and notifications and also transfer the data to other applications or data centres.
Hence, smart meters are excellent for innovative technologies like smart homes, smart building etc. The Schneider Electric India range of smart meters, the EcoStruxure ™ Smart Metering Advisor is one of the most impressive ones in the market. It comes with useful features like forecasting and predicting analysis, price analysis, etc. If upgrading and securing energy consumption is something that you are looking for, then this is where you should invest.