Smart grids and IoT convergence turns more data into cash
According to a recent analysis by Machina Research, machine-to-machine communications already account for 2 billion M2M connections today and are set to grow to 18 billion in 2022, that at an incredible CAGR of 22%
Visiting the Smart Grid Congress in Paris last month, more than hardware metering solutions, one could immediately notice the strong emphasis on data management, analysis and data monetizing opportunities. While utility providers had some metering solutions on display, like the Linky smart meter from ERDF and various smart plugs that provide power consumption data from any appliance connected through them, the congress’ biggest focus really was on how to make the best use of data through simple user interfaces.
Read the full article on page 4 of our July/August digital edition.
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