Accelerating the
Industrial Internet of Things

Advanced Metering Infrastructure (AMI)

Advanced Metering Infrastructure (AMI)
Advanced Metering Infrastructure (AMI)
Advanced Metering Infrastructure (AMI)
Advanced Metering Infrastructure (AMI)
Advanced Metering Infrastructure (AMI)
Advanced Metering Infrastructure (AMI)
Feature New Record
DESCRIPTION
Unlike the current electric meter, the TOU meter records the total kilowatt-hour consumption, and the meter's computerized clock keeps track of the energy use during different times of the day and year.

CHALLENGES / REQUIREMENTS
- A system is needed to implement pay-as-you-use

STAKEHOLDERS
- Utility users

KEY OBJECTIVES
- Improve utility services and visibility
- Enhance reliability of utility services
- To detect utilities real-time consumption and usage outlets

TYPICAL SYSTEM CAPABILITIES
- Smart meters provide real-time utility usage data to centralized system

USAGE VIEWPOINT
- Smart meters can detect the use and feedback the data to central monitoring and billing system
- The central system keeps the logs and generates bills as peruse

FUNCTIONAL VIEWPOINT
- Sensors: Flow, Current and voltage sensors
- Network: Wide Area Network (WAN)
- Standards:
- Augmented Intelligence: Descriptive analysis
- Augmented Behavior: Machine-to-machine (M2M) interfaces
A number of industries, such as telecommunications and commercial airlines, offer attractive off-peak rates to even out customer demand and prevent system overload. O&R's Time-Of-Use (TOU) electric rate is based on the same concept. By reducing the electric use during peak periods, you have the opportunity to lower the annual energy costs, without reducing the overall amount of electricity you use.
MARKET SIZE

The AMI market is expected to grow from USD 4.48 billion in 2015 to USD 9.19 billion in 2020, at a Compound Annual Growth Rate (CAGR) of 15.5%.

Source: marketsandmarkets

The smart meters market is expected to grow from an estimated USD 12.79 billion in 2017 to USD 19.98 billion by 2022, registering a CAGR of 9.34% from 2017 to 2022.

Source: Markets and Markets

 

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