Opportunities for Advanced Metering Infrastructure

AMI (advanced metering infrastructure) technology has various benefits. The ability to detect outages and facilitation of real-time energy consumption patterns for end-users are expected to create traction for the market in the next five years, according to a MarketsandMarkets report, growing 15.5%.

The major drivers of this market include increasing global energy demand; government mandates and legislative compliances; and the need for improved customer service level and utility efficiency.

The emergence of disruptive technologies, such as IoT (Internet of Things) and connected devices, has further augmented the opportunity areas for AMI. With the emergence of connected devices, such as home gateways, smart meters, and smart plugs, innovative ways to manage and predict energy usage have come into the picture. Increasing integration of IoT with smart grid opens major opportunities for the growth of the AMI market.

AMI solutions can range from standalone AMI security, MDM (mobile device management), analytics, and meter communication infrastructure to integrated solutions where service providers can provide one stop end-to-end solutions to utilities.

AMI services are aimed at enabling smarter and coordinated decision making by mitigating the risks and vulnerabilities.

As the market becomes more technologically advanced, the industry will take notice and follow suit.

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