Dutch module maker Gemalto has teamed up with software giant Oracle and smart-grid specialist V2COM on the development of M2M technology aimed at Latin America’s vast smart-grid market.
The company says its modules are to be used in a new smart grid platform that also features Java-based software from Oracle and will be able to relay information to utilities’ back-end IT systems using technology developed by V2COM.
The platform should facilitate the use of “big data” analytics, allowing utilities to reduce energy losses and improve customer service.
“Gemalto’s [Amsterdam, Netherlands] M2M technologies integrate seamlessly with V2COM and Oracle’s [Redwood City, CA, USA] technologies,” said Nandini Ramani, the vice president of development for Oracle’s Java platform. “Java enables smart energy companies to rapidly create and adapt sophisticated M2M solutions that improve business.”
V2COM says its technology is already being used in various parts of Latin America, including Brazil, which already has about 69 million installed energy meters and is witnessing the rollout of another six to seven million every year.
Meanwhile, automated energy management is reckoned to have reduced response times to issues like power outages by approximately 40%, according to V2COM.
“The modernization of the Brazilian electricity network requires a $23 billion investment by 2030 for various operational and technical imrpvoements, including smart meters, billing automation and quality control,” said Ramzi Abdine, the regional manager for M2M at Gemalto Latin America.