LG Electronics has unveiled its new range of smart appliances, enabled by "LG THINQ" technology, at the 2011 International CES. All products in the lineup are comprised of five key features, dubbed Smart Grid, "Smart Diagnosis," "Smart Access," "Smart Adapt," and the intriguing "Food Management."
Last week Siemens (Berlin, Germany) announced a strategic cooperation contract with Tyumenenergo, an energy company that operates in northern Russia. The agreement is designed to promote innovation in the operator's grid infrastructure facilities, starting with a pilot project for adaptation of smart grid technology to the Russian grid.
Last week we reported the grand opening of Sprint's "M2M Collaboration Center" in Burlingame, California. Since then, the site's first success stories are beginning to emerge. Yesterday Pacific Controls Inc. unveiled a live demonstration of its Galaxy Service Delivery Platform for smart grid at the center.
According to the latest update to ABI Research’s forecasts, cellular M2M connections continue to show steady growth, and are expected to exceed 297 million in 2015. Their 2009 forecast of about 225 million connections by 2014 has also been raised to 232.5 million. On the downside, while telematics and smart grid drive growth in Asia-Pacific, the markets outside Japan and key countries are "less mature," according to Sam Lucero, ABI's practice director.
We have described in a recent article the dimensions of the M2M Switch currently taking place in the wireless industry: a renewed emphasis on machine-to-machine communications away from human-to-human communications, and the implementation of a new business model based on new “ABCs”: low Average Revenue per Unit or ARPU; low bandwidth or data rate transfer; and low churn or customer attrition. These characteristics are fundamentally different from the wireless operator’s traditional business model. However, the shift in the business model foundation is not the only radical change. In addition to bringing a new focus, the M2M Switch transforms the way businesses operate. As millions of remote devices are going to be linked up together, the ability to better comprehend and monitor the operational quilt or the business environment in general will be increased, and, as a result, overall productivity enhanced. The M2M Switch infuses new life into the business-to-business (B2B) M2M market.
The EU has mandated that member states introduce smart metering in homes and businesses by 2020, to understand and monitor energy consumption with the aim of reducing usage, and ensuring reliability of supply.