Dear George, The smart ...

Dear George,

The smart water metering market emerged in the 2000s as water utilities responded to global trends of using detailed and near real time data and analytics to deliver more predictive and proactive services.The integration of Smart Water Management helps enterprises’ systems monitor, analyze, and control & manage water network related data from smart water meters. The solutions like Advance Metering Infrastructure (AMI), Supervisory Control and Data Acquisition (SCADA) and Meter Data Management (MDM) already have high global acceptance in the utility industry; however, new and emerging solutions such as network monitoring and smart irrigation are expected to witness high growth rate in the future. The Smart Water Management market is expected to grow at a high rate during the forecast period. More and more utilities are integrating advanced ICT solutions into their operations. And with smart water metering helping to identify and reduce leakages and non-revenue water.

A  smart meter  is an electronic device that records consumption of electric energy in intervals of an hour or less and communicates that information at least daily back to the utility  for monitoring and billing. Smart meters enable two-way communication between the meter and the central system. Unlike home energy monitors, smart meters can gather data for remote reporting. Such an advanced metering infrastructure (AMI) differs from traditional automatic meter reading (AMR) in that it enables two-way communications with the meter. A smart meter is a new kind of gas and electricity meter that can digitally send meter readings to your energy supplier. This can ensure more accurate energy bills.