The digitalization of the energy industry is advancing rapidly, and smart metering is at the heart of it. The constant challenge is to ensure that operations are not only secure and flexible, but also reliable and resource efficient. The motto is thereby: after the rollout is before the rollout. A key component in meeting these requirements — and one that more and more energy utilities are opting for — is optimizing the IT infrastructure by switching from an on-prem to a Software-as-a-Service (SaaS) cloud-based solution. Moving to a SaaS solution is not just about transitioning from on-premises systems, it's about embracing a comprehensive model that enables energy utilities to leverage new capabilities and maximize the benefits of smart metering solutions and the data they collect. SaaS adoption across EMEA is accelerating, with the market projected to reach $102.84 billion by 2025 and growing at an annual rate of 19.17%[1]. Similarly, 54% of companies in EMEA have already adopted cloud solutions in most parts of their business[2]. In the utilities sector, 75.3% of enterprises are highly dependent on cloud services.[3]However, the shortage of cloud specialists is a significant challenge, making it crucial for organizations to invest in training and strategic hiring.
How much of this US$3.1 trillion is yours?
The whopping figure covers energy companies’ investments in grid expansions between now and 2030. Part of the costs will likely fall to energy companies and their customers.
Flexibility is key to lowering that number – and your contribution toward it.
The communication technology landscape for AMI and smart grids is rapidly evolving, with a rise in Radio Frequency (RF) mesh networks due to their reliability and long-range capabilities. This agility is crucial for finding and capitalizing on new opportunities while providing stable and sustainable energy supply. But what is the best technology for the increasingly demanding digitalization of energy grids?
In the ever-evolving landscape of modern utilities, where technology plays a pivotal role in delivering efficient and sustainable services, there exists a challenge that's often hidden from the spotlight – the proper management of electronic waste. As utilities strive to provide reliable and innovative solutions, the issue of stranded assets, particularly in the form of electronic devices like SMETS2 meters, has become increasingly prominent. These assets, once valuable components of utility operations, can quickly turn into burdens if not managed effectively.
In this article, we'll delve into the challenges utilities face when it comes to electronic waste management, explore the strategies to address these challenges, and introduce Landis+Gyr's Triage and Refurbishment Program.
