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With the rising demand for resources, increased issues of water shortage, rising energy prices, and ageing water infrastructure putting strain on water utilities, smart water network solutions are being developed with substantial benefits by integrating sophisticated metering technology, software, and effective communication systems. The implementation of AMIs is being driven by the essential requirement for improved water use in water-scarce locations. The advanced metering infrastructure industry is expanding due to the increased adoption of the Internet of Things (IoT). Furthermore, the need for AMI communication networks is expected to expand significantly in the near future due to an increase in the demand for low-bandwidth, low-cost, and delay-insensitive metering. The network and communications module of the meter must be as low-cost as possible. The key communication technologies driving AMI adoption are narrow-band power-line communication (PLC) and RF-Mesh. As communication technology advances, newer technologies such as broadband PLC and low-power wide-area networks (LPWAN) are gaining commercial momentum.
Among the major players in the advanced metering infrastructure industry, Itron, Inc. (NASDAQ: ITRI), in May 2021, announced that the company is partnering with Microsoft to provide clients with highly scalable cloud-based meter data management (MDM) services. As part of this, the businesses performed another round of rigorous performance and scalability testing on their Itron Enterprise EditionTM Meter Data Management (IEE MDM) solution. This is the first time the industry's only meter data management system has run large-scale benchmarks in Microsoft Azure.
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The major players in the global advanced metering infrastructure market are Itron Inc., IBM Corporation, Landis+Gyr, Sensus Solutions, and Siemens AG, among others. The comprehensive report by EMR looks into the market share, capacity, and latest developments like mergers and acquisitions, plant turnarounds, and capacity expansions of the major players.
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