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Gas meter growth exceeds expectation in 2018October 14, 2019Over 53 million gas meters were shipped worldwide during 2018, with global growth being driven by large-scale rollouts in multiple key markets.
From Legislation to Grid Evolution – What next for AMI?July 23, 2019The electricity meter market continues the journey towards advanced metering infrastructure (AMI), with 109 million communicating meters shipping globally in 2018.
The SME and battery industry renaissance: The Dassault Systèmes perspectiveJuly 22, 2019Recently, Dassault Systèmes, the 3DEXPERIENCE Company (3DS), invited IHS Markit to its annual analyst event at its headquarters located at Vélizy-Villacoublay, France.
Remote disconnect and leakage are hot topics at AWWA ACE 19June 19, 2019The 138th American Water Works Association (AWWA) ACE19 conference was held in Denver, Colorado from June 10th - 12th where IHS Markit analyst Alex Kaplan attended the event to cover the latest industry developments and technology trends.
Over 100 million smart meters adopt head-end software ‘as a service’April 23, 2019Meter-to-cash has historically driven initial AMI investments in both water and electricity meter markets; and after a decade of successful case-studies (especially in North America and Europe) the next generation of software and services is finally here. Vendors have always known that AMI data can do more than simply cut labor costs, but the business case and provable return on investment (ROI) has been complex despite the benefits a solution could produce.
At CERAWeek 2019, technology and energy continue to coalesce in force and presenceApril 04, 2019The interrelation of energy and technology is not new. However, CERAWeek seems primed to be at the nexus of these two disciplines in the future. I expect the increased presence of technology companies at future conferences, an even larger Agora, and a sharpened focus on transformational technologies like cloud services, IoT, AI, and robotics. This is true especially as cloud giants look to more fully penetrate markets beyond consumer and enterprise.
Energy efficiency in industry: Different approaches for the same goalsMarch 08, 2019There are a wide variety of initiatives, policies and mandates around the world designed to promote energy efficiency. However, energy efficiency strategies and investments vary depending on the industry, but the goal of reducing energy use and costs remains the same.Subscribers Only
PV inverter and smart-meter suppliers race to develop and launch digital energy solutionsFebruary 13, 2019Highlights • In recent years, smart meter and photovoltaic (PV) inverter suppliers involved in the new energy transition have been rapidly developing new internet of things (IoT) software platforms to create new revenue sources. • Within smart metering, a key indicator for IoT adoption is advanced metering infrastructure (AMI) – over 80 percent of the communicating meters forecast to be shipped in 2019 will be enabled with AMI solutions. • More than 11 million PV inverters will be shipped in 2019 alone, most will be connected to a software platform and controlled by the inverter companies.
Smart Utility Infrastructure Highlights from Distributech 2019February 11, 2019Distributech 2019 was held in New Orleans, Louisiana from February 5th – 7th where IHS Markit analysts David Green and Alex Kaplan attended the event to cover the latest industry developments and technology trends.
Gas meter growth moves from EMEA to APAC in long termJanuary 29, 2019Global gas meter shipments topped 50 million units for the first time in 2017, with revenues of over $2.6 billion. Latest IHS Markit data shows 1 in 4 meters shipped are now communicating meters.
Smart metering is a growing large-scale IoT solution for global utilities companiesJanuary 28, 2019The rise of the Internet of Things (IoT) in utilities companies – specifically, smart meters and advanced metering infrastructure (AMI).
Water meters market to be one-third smart by 2025January 22, 2019The global water meters market totaled 118 million units shipped in 2017, of which one in every four meters had communications. New data from IHS Markit shows continued growth for the next five years.
Cost and not technicality wins for AMIJanuary 17, 2019Advanced Metering Infrastructure (AMI) shows IoT adoption in utilities is already strong, despite initial concern over which connectivity technology would 'win' the market. However, the technical limitations of connectivity technologies are not the biggest roadblocks to implementation - Total Cost of Ownership is the bigger limitation.
Digitalization: 2019 smart metering milestonesNovember 28, 2018Utilities of all types are heading towards a data-driven future, and this continues to accelerate the immediate demand for communicating meters. As this digitalization trend takes hold, the metering world is expected to hit some interesting milestones in 2019.
IHS Markit shares the highlights from European Utility Week 2018November 09, 2018Highlights from the 2018 show in Vienna, including two IHS Markit presentations and the latest thinking on IoT for Utilities.
Smart electricity meters break through the 100 million units per year barrierAugust 30, 2018Annual shipments of smart electricity meters exceeded 100 million units for the first time in 2017, whilst total meter shipments reached 170 million. However, with many rollouts peaking in 2020 the market is increasingly looking to AMI managed services and software next.
Managed services are making waves in the smart water meter marketMay 17, 2018Changing business models and 'as a Service' offerings will help drive over $0.5 billion of new smart meter data-related spending from water utilities before the end of 2023. New research from IHS Markit shows where the trend for managed services is heading in the water utility market.
The tipping point approaches for SaaS in electric smart meteringApril 05, 2018Electric utilities are one of the leading industries in adoption of IoT, a trend set to only increase as the power of “Software as a Service” offerings are on the rise.
Highlights from Energy Thought Summit 2018April 03, 2018Energy and utility thought leaders come to the Energy Thought Summit (ETS) in Austin every March to share fresh stories, discuss successful technology deployments and work together to re-imagine the future of the utility industry. These were the highlights from the IHS Markit team.
Smart metering shows the way forwards for IoT adoptionMarch 15, 2018A paradox exists within the electric utility industry - vendors and utilities are uncertain about making clear decision for their ‘IoT strategy’, yet almost 900 million smart electricity meters will ship from 2016 to 2023. In reality, smart meters are IoT devices and electric utilities worldwide are some of the leading adopters of IoT technology in any industry.