In order to help utilities and end users better monitor energy usage and resources, streamline operations, and lessen grid pressure remotely, Honeywell and Verizon Business announced that Honeywell smart meters will now have Verizon 5G connectivity.
Utility firms have access to a highly trustworthy and safe cellular network through the Honeywell smart meters connected to Verizon, which can transmit data regarding equipment performance, grid conditions, and energy use.
Utility management platforms like Honeywell Forge Performance+ for Utilities can use this data to provide near real-time “bottoms up” forecasts of energy demand, increase operational visibility to support energy insights, and strengthen grid resilience and reliability.
The Honeywell smart meters with Verizon connectivity also allow for remote upgrades of new features and apps, which prolongs the investment’s useful life and eliminates the need for an in-person maintenance visit. Customers can also expect more dependable utilities and fewer service outages with remote connectivity.
Additionally, Verizon ThingSpace offers IoT management features for the smart meters, giving users a single pane of glass to view the performance and health of their entire fleet of IoT devices, including the meters.
Leadership Comments
“Put simply: secure, reliable connectivity in smart meters makes it easier to monitor the usage of resources and the performance of utility equipment. That means we can reduce waste, unburden our grids, and generally take time and cost out of the utility management process,” said TJ Fox, Senior Vice President of Industrial IoT and Automotive at Verizon Business. “With massive changes on the horizon for utilities, connected capabilities are going to be critical for managing evolving demands for energy and minimizing outages or unforeseen maintenance events.”
“By leveraging the power of AI, Cloud and 5G, we are driving the shift to autonomy for utilities and fundamentally changing the way energy distribution is managed by offering real time connectivity,” said Amol Motivala, President of Honeywell Smart Energy. “Through Verizon 5G connectivity, we are reimagining the utility ecosystem with cellular connected smart meters that provide the needed insights to help improve grid performance and customer satisfaction.”
“With the growth of IoT solutions for utilities, there’s a clear trend toward using cellular-connected intelligence to monitor the grid for operational efficiency, health, resiliency, energy usage and overall performance,” said John Marcus, Senior Principal Analyst, GlobalData. “This is especially important as charging infrastructure and energy-management innovations continue to proliferate and are poised for rapid growth. Cellular connectivity, with its inherent security and reliability, is one of the most effective ways to enable the intelligence that can help unburden the grid and more efficiently, intelligently manage energy resources.”
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