The utility industry is embracing digital technologies, not simply to survive, but to thrive amid these challenging times. Digitalization is considered an essential cornerstone from which utilities can realize new levels of efficiencies, not only related to meter-to-cash applications, but also for setting in motion the foundations to achieve long-term sustainability goals.
Backed by government initiatives and mandates, utilities are becoming increasingly more reliant on cellular and the accompanying technologies, such as Embedded Subscriber Identity Module (eSIM) in order to meet their obligations and mandates, while also looking to leverage digitization as a means to ultimately reinvent the way in which they do business in the future.
One key aspect of the utility progress toward a digital distribution grid is the replacement of electromechanical meters with smart meters with bi-directional communication networks. The new-generation smart meters deployed by utilities can capture several parameters from the customer premises metering point, offering granular insights and control of energy consumption, quality, and asset management.
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