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Compare 10 Smart Meter Solutions based on 500+ review in ’24

Good meters remove constraints of conventional electrical energy meters, bettering the superior metering infrastructure. Good meter options play a significant position in harnessing renewable vitality sources, contributing to a extra sustainable vitality panorama.

Subsequently, good meter rollout reached as much as 80% with 128 million within the US. 1 The speed is larger for 13 of the EU nations like Sweden, Denmark, Finland, Estonia, Spain, Norway, Luxembourg, Latvia, Italy, France, Malta, Slovenia and the Netherlands. 2

Regardless of rising curiosity, the good metering panorama stays intricate, that includes a large number of instruments and various contributing applied sciences. This text goals to disentangle this complexity, providing readability and insights into the various sides of good meter options.

Vendor Sort # of staff Gartner 12 months based Quarters
Redwood RunMyJobs WLA software program 414 4.3/5.0 based mostly on 63 evaluations 1993 USA
Esri ArcGIS GIS software program 6,452 4.9/5.0 based mostly on 5 evaluations 1969 USA
TIBCO EBX MDM software program 3,387 3.9/5.0 based mostly on 154 evaluations 1997 USA
IBM Maximo for Utilities Superior metering infrastructure resolution 309,079 4.3/5.0 based mostly on 266 evaluations 1911 USA
Siemens Superior metering infrastructure resolution 214,501 4.4/5.0 based mostly on 16 evaluations 1847 Germany
ABB Ltd. Superior metering infrastructure resolution 98,636 4.0/5.0 based mostly on 1 evaluations 1988 Switzerland
Itron Inc. Superior metering infrastructure resolution 5,497 3.6/5.0 based mostly on 12 evaluations 1977 USA
Honeywell Good meter supplier 130,384 4.5/5.0 based mostly on 6 evaluations 1906 USA
Schneider Electrical SE Good meter supplier 81,119 4.3/5.0 based mostly on 46 evaluations 1836 France
Landis+Gyr Good meter supplier 4,777 4.5/5.0 based mostly on 6 evaluations 1986 Switzerland

The desk lists good meter options based mostly on their worker numbers inside their revered class, besides the sponsors that are positioned on the prime. Discover that these are chosen 10 options based mostly on the screening processes under.

Screening good metering options

The listing of good meter suppliers contains over 45 instruments, and when extra instruments that assist good metering options are taken under consideration, the catalog additional expands. Subsequently, we display screen these instruments, specializing in 3 pivotal components:

  1. Variety of Workers: We prioritized distributors with over 100 staff to evaluate their workforce scale and operational capability.
  2. Answer class: We chosen instruments from particular complementary classes based mostly on their relevance and comprehensiveness, resembling WLA instruments or AMI software program.
  3. B2B assessment presence: We excluded instruments that would not have any assessment or rating on any B2B platforms.

Evaluating prime 10 good meter options

Workload Automation Instruments (WLA)

Workload automation instruments automate and handle complicated workflows inside a company. Within the context of good metering, workload automation streamline information processing, analytics, and reporting duties related to managing giant volumes of meter information.

1.) Redwood RunMyJobs: Redwood RunMyJobs is a workload automation (WLA) resolution designed to streamline the processes related to good meter options. It enhances operational effectivity, automates complicated duties, and delivers real-time insights, all whereas sustaining a excessive stage of safety for good meter information by offering:

  • Finish-to-Finish good meter administration: RunMyJobs can deal with the whole good meter lifecycle, from the preliminary information assortment to the important meter-to-cash course of involving buyer billing and funds.
  • Automation of complicated good meter operations: It automates intricate good meter duties and operations, facilitating large-scale transactions and optimizing total effectivity.
  • Actual-time visibility and management: Redwood’s software permits customers to observe their good meter information in real-time, providing visibility into billing, consumption patterns, and money stream for knowledgeable decision-making.
  • Enhanced safety measures: RunMyJobs consists of security measures like full encryption and a single-tenant structure to safeguard delicate good meter information.

Uncover different WLA instruments in our continually up to date and complete vendor listing.

Good meter suppliers

Good meter suppliers are specialised within the creation and provide of good metering techniques. These clever units transmit information on vitality and water utilization. This fashion, good meter cut back operational prices and enhance shopper companies.

2.) Honeywell: Honeywell presents utilities a complete and superior platform for environment friendly vitality administration. Honeywell ensures:

  • Exact metering information assortment and evaluation to optimize vitality distribution and enhance customer support
  • Improved monitoring and decision-making by delivering real-time information insights
  • Simple integration with renewable vitality sources to handle and incorporate sustainable vitality into distribution networks.

3.) Landis+Gyr: Landis+Gyr delivers a sensible meter platform to optimize useful resource administration, improve grid reliability, and meet the calls for of a dynamic vitality market by means of

  • Correct information assortment for knowledgeable decision-making, billing accuracy, and total operational effectivity
  • Seamless communication for higher connectivity between units to advertise environment friendly information trade and collaborative performance inside the utility ecosystem
  • Actual-time monitoring to make proactive choices and reply swiftly to modifications in demand or grid circumstances
  • Interoperability selling collaborative integration and harmonious functioning inside the broader utility infrastructure.

4.) Schneider Electrical SE: Schneider Electrical SE presents a complete good meter platform for vitality administration, with a deal with sustainability. Schneider Electrical’s instruments can:

  • Present real-time visibility into vitality consumption and grid efficiency
  • Empower utilities to optimize vitality distribution by means of information accuracy and analytics
  • Improve operational effectivity by proactively addressing grid challenges.

Superior Metering Infrastructure (AMI) techniques

Superior Metering Infrastructure (AMI) constitutes a complete community that features good meters, communication techniques, and information administration options. AMI allows bidirectional communication between good meters and utility backends, facilitating real-time information assortment, distant monitoring, and management. This infrastructure is key for utilities to make knowledgeable choices, optimize useful resource allocation, and enhance total grid administration.

5.) ABB: ABB Ltd. presents an progressive enterprise resolution for superior metering infrastructure. ABB’s system seamlessly integrates into current frameworks, providing a centralized hub for managing, analyzing, and optimizing metering information. This platform

  • Guarantee real-time monitoring to assist knowledgeable decision-making
  • Streamline processes to enhance operational effectivity
  • Guarantee information integrity and compliance with business requirements.

6.) IBM Maximo for Utilities: IBM Maximo for Utilities empowers utility suppliers with complete instruments to handle, govern, and optimize metering operations. IBM Maximo delivers

  • Seamless integration with current utility techniques
  • A centralized and constant view of metering information
  • Asset reliability and compliance with rules
  • Actual-time monitoring to foster effectivity
  • Preventive upkeep to reduce downtime and prolong the lifespan of metering belongings.

7.) Itron Inc: Itron’s platform presents utilities a complete suite of instruments to assemble, analyze, and act upon metering information effectively. This technique facilitates correct billing, demand response, and proactive upkeep. Itron’s progressive know-how ensures:

  • Communication between units, offering real-time insights into vitality consumption.
  • Correct billing and demand response, rising reliability
  • Proactive upkeep, bettering operational excellence.

8.) Siemens: Siemens’ platform seamlessly integrates metering information right into a unified system, fostering operational effectivity and data-driven decision-making. Siemens deal with

  • Actual-time monitoring and analytics to boost customer support
  • Power administration to optimize vitality distribution
  • Compliance with regulatory necessities
  • Improved grid reliability to maximise the operational excellence.
The image shows how advanced smart meter solutions work
Determine 1: AMI system illustration 3

Infrastructure administration instruments

Analytics Platforms leverage the information generated by good meters to derive actionable insights. These platforms allow utilities to carry out in-depth evaluation, forecasting, and optimization. They play a vital position in enhancing decision-making processes associated to vitality consumption, grid administration, and buyer conduct.

Meter Information Administration (MDM) Methods

Meter Information Administration (MDM) techniques are integral parts within the good metering ecosystem. These techniques deal with the processing, validation, and administration of the intensive information generated by good meters. They guarantee correct billing, preserve information integrity, and securely retailer the huge datasets collected from good meter deployments.

9.) TIBCO EBX: The software serves as an enterprise information administration platform crafted by TIBCO Software program to supervise, regulate, and distribute grasp information throughout a company. TIBCO EBX empowers organizations to ascertain a centralized and uniform perspective of their grasp information. Via its integration to good meters, TIBCO presents:

  • A centralized repository for grasp information, housing correct and present data essential for buyer interactions, operational effectivity, and decision-making.
  • A sturdy mechanism for validating, cleaning, and standardizing grasp information, successfully stopping inconsistencies and errors to uphold information integrity all through the utility panorama.
  • Cross-system integration capabilities, facilitating seamless information trade and interoperability throughout numerous techniques inside the utility infrastructure.
  • Instruments and frameworks designed to institute, implement, and monitor information governance insurance policies, thereby enhancing compliance with regulatory necessities and inside requirements whereas fostering a managed information surroundings.

Discover MDM software program in our complete and up-to-date vendor listing.

Geographic Data System (GIS)

Geographic Data System (GIS) makes use of spatial mapping and visualization instruments to research and interpret information within the context of good metering. GIS helps utilities map the geographical distribution of good meters, plan infrastructure deployments, and optimize upkeep processes based mostly on location information.

10.) Esri ArcGIS: The software program is particularly crafted for mapping and spatial evaluation, equipping customers with subtle devices to generate, management, and assess geographic information, empowering them to make well-informed choices grounded in spatial insights. By leveraging ArcGIS, utility suppliers are poised to:

  • Elevate buyer companies by integrating spatial capabilities.
  • Improve real-time monitoring and fortify emergency response planning inside utility operations.
  • Optimize asset administration and community planning to make sure infrastructure reliability, security, effectivity, and compliance with regulatory requirements.

Take a look at extra location intelligence software program like GIS.

Vendor 12 months based Quarters # of staff
IBM IEC CIM 1911 USA 309,079
Siemens 1847 Germany 214.501
Honeywell 1906 USA 130,384
ABB Ltd. 1988 Switzerland 98.636
Schneider Electrical SE 1836 France 81.119
Microchip 1989 USA 16,373
Renesas 2002 Japan 10,260
Esri ArcGIS 1969 USA 6,452
Itron Inc. 1977 USA 5.497
Landis+Gyr 1986 Switzerland 4.777
TIBCO EBX 1997 USA 3,387
Genus Energy Infrastructures Ltd. 1992 India 2.144
Aclara Applied sciences LLC (Hubbell Included) 1977 USA 968
Iskraemeco Group 1945 Slovenia 763
Redwood RunMyJobs 1993 USA 402
Intellihub – Good Utility Infrastructure 2018 Australia 343
Ubicquia, Inc 2014 USA 176
Ohmconnect 2013 USA 100
EnOcean 2001 Germany 86
Piclo 2013 UK 73
Amperon 2018 USA 72
Satellite tv for pc Vu 2016 UK 59
Verdigris Applied sciences 2011 USA 53
Enerlink – Clever Power Administration 2018 Chile 52
SparkMeter 2013 USA 40
Holley Know-how Ltd. 1970 China 33
Ostrom 2020 Germany 31
Copper Labs 2016 USA 23
Hive Energy Sagl 2017 Switzerland 19
EVUlution – Good Power Monitoring 2020 Switzerland 13
Swap – Decentralized Utility Methods 2018 South Africa 13
Power Assistant – Power Administration Platform 2018 Germany 6
RF Meters – Good Wi-fi Power Meters 2019 Romania 4
Evoly Power – Good Metering as a Servic 2020 Switzerland 3
Excessive 5 Innovation Labs – Meter Conversion Options 2019 India 3
EngenIQ – Power Consumption Discount 2019 UK 1

What are good meters?

Good meters are superior digital units that change conventional utility meters to measure and file electrical energy, fuel, or water consumption in properties and companies. These units allow two-way communication between customers and utility corporations, offering real-time information on vitality utilization.

Good meters provide a number of benefits, together with the flexibility to remotely monitor consumption, facilitate environment friendly billing based mostly on precise utilization, and assist demand response applications. With built-in communication capabilities, these meters contribute to the creation of good grids, enhancing total vitality administration, lowering environmental influence, and empowering customers to make knowledgeable choices about their useful resource consumption.

How do good meters work?

A sensible meter’s digital gadget precisely measures vitality consumption, utilizing assorted sensors based mostly on the vitality sort.

– For electrical energy, sensors monitor voltage and present, multiplied for watts. Over time, energy consumption is built-in for complete electrical energy use in kilowatt-hours.
– Pure fuel and water meters use stream sensors, using applied sciences like ultrasonic or turbine strategies. The good meter calculates vitality consumption by contemplating the quantity used and the vitality content material of the respective useful resource.

Right here’s the detailed steps for good meter performance:
1.) Two-way communication: Good meters allow seamless two-way communication between customers and utility corporations.
2.) Actual-time information assortment: These units repeatedly gather and transmit real-time information on vitality consumption or useful resource utilization.
3.) Distant monitoring: Utility suppliers can remotely monitor consumption patterns with out the necessity for bodily visits to the property.
4.) Demand response: The units assist demand response applications by offering insights into peak utilization instances and permitting utilities to regulate provide accordingly.
5.) Integration with good grids: Good meters play a vital position within the growth of good grids, contributing to an clever and interconnected vitality infrastructure.

How is sensible meter information transmitted?

As soon as good meters have measured and recorded vitality consumption, the communications module transmits information to utility corporations utilizing numerous strategies:

1.) Radio frequency (RF) alerts: This methodology is frequent for large-scale deployments on account of cost-effectiveness. It ensures long-range communication however prone to interference and will require extra infrastructure.
2.) Mobile networks: This methodology depends on current networks like 4G or 5G for widespread protection. It’s extra immune to interference, however potential for extra information transmission prices.
3.) Broadband connections: This technique makes use of broadband networks (DSL, fiber-optic) for quick and dependable transmission. It requires vital infrastructure investments, notably in rural areas.
4.) Energy line communication (PLC): This methodology transmits information over current energy strains, eliminating the necessity for further infrastructure. It’s thought-about cost-effective but in addition efficiency influenced by electrical noise and distance.

Good meter challenges

Among the challenges of good meter know-how are:
1.) Privateness issues: Utility suppliers typically complain concerning the danger of unauthorized entry to detailed vitality utilization information. One approach to mitigate this situation is to undertake information safety measures like encryption.
2.) Cybersecurity threats: Like different software program, there’s all the time vulnerability to hacking or denial-of-service assaults, which requires vital funding in superior cybersecurity measures.
3.) Buyer resistance: In some instances, the shopper resists embracing the know-how on account of privateness, cybersecurity, or well being issues. Because of this, utility service suppliers and good meter resolution suppliers should tackle by means of public schooling on good meter security.
4.) Excessive upfront prices: One other problem that results in low adoption charges is the substantial preliminary funding for good meter set up. Nonetheless, clients and utility suppliers should be knowledgeable on the long-term advantages, together with lowered working prices and elevated vitality effectivity.
5.) Interoperability and standardization: Utility service deliverers are in want for seamless communication amongst units and techniques, which will be dealt with by means of standardization. This fashion, utility companies can facilitate the mixing with current techniques and good grid parts.

Advantages of good meter options

Prime advantages good meter options provide embody:
1.) Correct Billing: Good metering eliminates estimation errors with computerized, exact information transmission. It ensures honest and correct billing for purchasers.
2.) Actual-time vitality utilization monitoring: Good meter options allows customers to observe consumption patterns in actual time, and facilitates knowledgeable choices to cut back vitality consumption and save prices.
3.) Enhanced vitality effectivity: Good metering instruments empower customers to make energy-conscious decisions. This fashion, they result in behavioral modifications, lowered consumption, and decrease utility payments, downsizing vitality prices.
4.) Sooner & simpler service: Good metering software program permits utilities to detect and resolve points remotely, rushing up response instances and minimizes inconvenience for customers.
5.) Integration with good residence know-how: Good meters can allow automation and optimization of vitality utilization and combine with good thermostats for environment friendly heating and cooling.
6.) Help for renewable vitality: By offering real-time information for higher administration of renewable sources, good meter know-how ensures a secure and dependable vitality distribution system.
7.) Lowered environmental influence: Since good metering allows monitoring and discount of utility demand, it contributes to decreased reliance on older, much less environment friendly energy vegetation, lowering environmental influence.

How does good meter options work and transmit information

Transparency assertion

AIMultiple serves for a number of tech companies that are sorted on the highest of the tables and linked to their merchandise.

Additional studying

Discover extra on utility automation instruments by trying out our detailed articles like:

When you want extra assistance on figuring out one of the best good meter resolution for your online business, don’t hesitate and tell us:

Discover the Proper Distributors

Exterior readings

  1. Jonesi J.S (2013). “128 million good meters in US in 2023.” SEI. Accessed at January 19, 2024.
  2. Jonesi J.S (2023). “Good metering progresses in Europe however 11 nations have barely began.” SEI. Accessed at January 19, 2024.
  3. “Siemens AMIS System Structure.” Siemens. Accessed at January 20, 2024

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