How energy providers can keep up with the ongoing trend of introducing smart meters and manage constantly increasing volumes of data
A modest roll-out of 5000 smart meters generating half-hourly meter readings would result in nearly a quarter of million readings per day.
Smart grid has turned from a unique feature of a few providers to an essential element of today’s energy company. The number of smart meters and supporting services is constantly growing as more and more customers change their attitude to energy consumption.
The shift to conscious consumerism indicated a new era of provider/end-user interaction when the client can track their own data and manage energy usage. To provide its customers with more control, as well as to utilize the ongoing data stream, the energy sector requires brand new, powerful billing and customer care solutions.
The Innovation Observatory report elaborates on the market offerings that enable energy providers to meet the needs of the modern customer and support the smart energy model.