With more than 200 million smart meters expected in 2014, find out why they’re good for business

With more than 200 million smart meters expected to be in place by the end of 2014, the Microsoft Power and Utilities Blog wants you to know about two solutions that are bringing more business value to these deployments.

Smart meters look a lot like the ones you’re used to seeing on the side of your house, but they have digital displays and sends electricity consumption data and other information back to the utility. Smart meters are already being credited for improved efficiency and reliability, environmental benefits, improved customer service and customer engagement, energy theft reduction and increasing energy market competition.

The blog explains that one solution, Smart Meter Intelligence, “allows a Utility to extract value added information from smart metering to help improve smart grid operational efficiency, improve customer service and retain customers in competitive environments.” The second solution is from Microsoft partner Cognizant (see the video above) and their Smart Metering Management Platform (SMMP), which allows Utilities to optimize the assets on their advanced metering infrastructure (AMI) network.

Read more about why smart meters are good for business on the Microsoft Power and Utilities Blog.

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Athima Chansanchai
Microsoft News Center Staff