What is the industry saying?
According to Navigant Research, the global market for power utility LPWA equipment and services is expected to grow from $23.4 million in 2017 to $279.4 million in 2026.
The European Commission recently published a proposal indicating that approximately 200 million electricity smart meters and 45 million gas meters will be rolled out by 2020
Why are the technologies at SCWS and LPWA World important?
Humans are consuming more energy every year, and utility companies must adapt to meet this demand. With the help of IoT (and in particular, LPWA), and more effective cellular networks, utility companies are able to make energy use more efficient, which should help to relieve some of the pressure on this industry.
Smart meters are one of the most well-known IoT devices, and help companies to more effectively manage energy flow into buildings by connecting them to the smart grid. Additionally, these meters provide valuable data on customer usage, which can help to reduce consumption, encourage use outside of peak hours and also eliminate the need for in-person meter readings, which has huge cost-saving implications, as well as helping with customer insight and retention.
You need only look to those companies who are already harnessing the power of IoT to understand the benefits to utilities.
Benefits of attending
Attend SCWS and LPWA World to...
- Hear from utility companies who are already harnessing the power of IoT
- Discover how they have introduced LPWAN and IoT into their business and hear about their efficiency and money savings
- Apply these lessons to your own business
- Meet the vendors who can help you introduce this into your business
Organisations including EDF, Sutton & East Surrey Water and The National Grid attend these events