Enterprise M2M: The Cost & Revenue Upsides

M2M Conference at MobileCon

Date
Start Date: 
Wednesday, October 10, 2012 - 10:30am
End Date: 
Wednesday, October 10, 2012 - 12:30pm

 

The two conference sessions addressed questions about enterprise applications in the exploding field of M2M, or the Internet of Things. Moderated by Beecham Research CEO Robin Duke-Woolley, the sessions covered topics such as Long Term Connectivity, Small Vs Large Deployments, and Customer Service. 

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Smart-city revenues to exceed $3.5 billion annually by 2020: Navigant

Annual revenues from smart-city communications networks will exceed $3.5 billion by 2020, says Navigant Research in a new study.

According to the market-research company, smart-city networks are likely to generate $2 billion in revenues this year, as growing interest in the potential of M2M technology spurs technology adoption, and sales look set to continue growing over the next eight years.

UK startup Senaptic aims to steal M2M thunder

Several prominent tech entrepreneurs have come together to form a new M2M company that aims to steal the initiative from network operators entering the M2M market.

Calling itself Senaptic (Cambridge), the UK-based organization has developed its own wireless technology, known as ultra narrow band, which uses spectrum in the ISM band and is incorporated in Apella, a suite of M2M packages that Senaptic is offering to specific vertical markets, including utility companies and municipal authorities deploying so-called smart-city infrastructure.

ComEd beats job-creation targets for smart-grid rollout

Illinois energy utility Commonwealth Edison (ComEd) says its smart grid program has beaten the targets set for job creation in 2013, supporting a total of 2,871 full-time positions.

The positions included nearly 1,000 full-time jobs at the utility and its contractors as well as more than 1,800 roles it says were created “indirectly”.

Accenture to manage smart-meter rollout for FirstEnergy

Managed services and consulting giant Accenture is to manage the rollout of some two million smart meters being carried out in Pennsylvania by utility group FirstEnergy.

The deployment is taking place across four of FirstEnergy’s (Akron, OH, USA) utility businesses – Met-Ed, Penelec, Penn Power and West Penn Power – and represents one of the largest rollouts of advanced metering infrastructure (AMI) in North America.

Smart-grid IT spending to reach $140 billion between 2014 and 2022: Navigant

Utilities are expected to spend nearly $140 billion between 2014 and 2022 on the deployment of IT systems needed to support new smart-grid infrastructure, according to a new study from Navigant Research.

The market-research company says IT will play a critical role as the traditional grid network evolves into a far more complex system.

Leidos ramps up smart grid as a service business

Leidos has flagged a number of major deals with US utilities for its smart grid as a service (SGS) offering.

The technology player said the City of Kings Mountain, NC, had recently awarded it a ten-year contract for the second phase of an SGS deployment.

After rolling out 1,200 meters as part of a pilot, Leidos (Reston, VA, USA) is to deploy meters over Kings Mountain’s entire service area during the second phase of the project.

Once deployment is complete, Kings Mountain will have more than 11,000 electric, water and gas meters supported by the SGS solution.

Denmark's Kamstrup flags growth in sales, market share

Danish smart-metering specialist Kamstrup claims to have grown its share of the global market in 2013 while reporting an increase in sales.

The company did not reveal details of its market share but said its revenues grew by 3% last year, to €173 million ($238 million), with earnings after tax coming in at €20 million.

Kamstrup (Skanderborg, Denmark) described market conditions as “competitive and stagnant” but said its financial position remained “advantageous”.

That was despite an increase in R&D investments between 2012 and 2013.

Smart grid could save $16.6 billion for UK economy: EA Technology

UK networks and consumers could save as much as £10 billion ($16.6 billion) between now and 2050 by deploying smart-grid technology, according to new research from EA Technology.

The forecast is based on the use of EA’s (Chester, UK) Transform Model, which the company claims has already helped to lower the cost of deploying new electrical network infrastructure between 2015 and 2023 by around £200 million.

ABB to deploy smart-grid systems in Rome for ACEA

ABB is to help Italian utility Azienda Comunale Elettricita e Acque (ACEA) with the deployment of a smart grid across part of Rome’s electrical distribution network.

The automation-technology player will supply medium-voltage products to ACEA (Rome, Italy) as part of the smart-grid initiative, which forms one of eight pilot projects that have won approval and received financial support from the Italian Regulatory Authority for Electricity and Gas.

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