Utility companies will increase adoption of IoT solutions to ensure operational cost efficiency, grid reliability, enhance safety for workers and customers and improve customer experience. Using cellular networks has transformed how utility companies manage assets, infrastructure and operations and serve their customers. They need to transform themselves into comprehensive service providers by better engaging with customers, generating more resources and dynamically balancing supply and demand on an increasingly complex grid, all while still providing reliable, affordable service to millions.

Smart Metering

Governments and utilities worldwide are transforming antiquated water and energy infrastructure into smarter, interconnected systems. Using connected smart meters to track how resources are distributed and consumed, they are lowering operating costs, reducing theft and loss and improving forecasting. These IoT solutions help optimize resources and serve customers more efficiently.

Smart Grid

Energy suppliers are investing in wireless IoT solutions to help transition to a low-carbon economy and change the way power is transmitted and consumed. Using smart grid wireless technologies, they are optimizing electricity generation and distribution, shifting demand loads and lowering operational costs to make better use of the available energy supply.

Oil and Gas

IoT is helping a range of companies in the oil and gas value chain; OEMs, utilities, oil field services, pipeline operators and EPC companies all gain deeper insights into the health of critical infrastructures and equipment. IoT can also give distributors of bulk lubes and fluids real-time data on storage tank levels. Oil and gas companies in upstream, midstream and downstream markets face many challenges, from efficiently optimizing their resources and capital investments in production facilities to managing the distribution system and assuring safety. Oil and gas firms use IoT technology to lower their risk, increase productivity and lower exploration and production costs.