Accelerating the
Industrial Internet of Things

Advanced Metering Infrastructural System

Advanced Metering Infrastructural System
Advanced Metering Infrastructural System
Advanced Metering Infrastructural System
Advanced Metering Infrastructural System
Advanced Metering Infrastructural System
Advanced Metering Infrastructural System
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
According to Global Industry Analysts: "The Advanced Metering Infrastructure (AMI) market is expected to grow from USD 4.48 Billion in 2015 to USD 9.19 Billion by 2020, at a Compound Annual Growth Rate (CAGR) of 15.5% during the forecast period. The deployment of AMI solutions enables energy utilities to align energy shortages, revenue protection, load management, and customer service improvement. With the growing energy needs in developing economies and improved customer service level and utility efficiency, the demand for AMI solutions and services has grown tremendously across all countries. Increasing adoption of Internet of Things (IoT) is driving this market. For the forecast period, the AMI analytics segment is expected to grow significantly. Presently, Europe is the largest market for AMI solutions and services." (Source: https://www.marketsandmarkets.com/Market-Reports/advanced-metering-infrastructure-market-969.html" title="" target="">MarketsandMarkets)


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