The Role of IoT-based Smart Metering Systems in the 21st Century
The ever-evolving energy and resources industry, the Internet of Things (IoT) has made its way into revolutionizing the way energy management systems (EMS) work. With the invention of IoT integration, energy metering has aided users in monitoring, managing, and optimizing energy consumption, which has become more efficient and seamless. In the US, IoT-based electric utilities are already in use, and more than 111 million smart meters make up 69% of all installed electric meters. The same technique is applied in the UK, where the number of state-of-the-art IoT meters implemented is about 29.5 million, 52% of all electric meters. Discover the latest trends and insights—explore the Business Insights Journal for up-to-date strategies and industry breakthroughs!