overview
Smart Meter is an intelligent meter with a wide range of utilities. Gas and electricity consumption are recorded via smart meters. These meters differ from traditional standard meters, for example, in that they automatically send consumption values to the suppliers, thus improving the accuracy of the invoices.
Increasing awareness of the efficient use of energy resources as well as increasing investment in developing natural gas pipeline infrastructure should improve this smart gas meter industry scenario. To maintain efficient gas consumption monitoring patterns, the integration of smart metering networks with an Internet of Things (IoT) enabled platform will boost market demand.
The increasing use of IoT has led to widespread digitization in numerous industries, including gas and electricity. Energy companies and network operators can now offer modern energy services thanks to IoT communication networks. Additionally, the increased deployment of narrowband IoT will open up opportunities for smart gas meters, as many utilities lack the funds or ability to own and manage a communications network. For example, in 2018 less than 10% of smart gas meters shipped were equipped with cellular IoT; By 2025, however, that number is expected to reach 30%. As a result, digitization offers various benefits that help in day-to-day operations, such as: B. Improved gas quality control and cost reductions.
In addition, in addition to IoT and high data processing capacity, digitization includes a hybrid cloud architecture that will enable increasingly flexible and effective management of networks. For example, Microsoft (USA) and SNAM (Italy) presented their first collaboration in August 2020 internet of things and cloud initiative to promote technical and sustainable growth of energy grids. The combination of the two will provide a digital architecture that can provide some cloud-based services, such as B. Business applications that…
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