|Innovating The Next Big Thing||May 19, 2013|
• Telecom & Commerce
• Smarter Phones, Devices & Apps
• Enterprise Mobility
• Wireless Web
• Arts & Entertainment
• Tablets & Notebooks
• Safety & Security
• Remembering 9/11
Next Innovator Group
Feedjit Live Web Stats
• Ghost City
Ovum: Ovum publishes its decision matrix on meter data management for utilities
May 21, 2012 – Stuart Ravens
Early deployments of residential smart meters during the past five years created the specific requirement for residential meter data management (MDM) applications. MDM vendors faced a number of challenges in these deployments: scaling their systems to manage several million meters, and developing complex algorithms to validate meter readings and make estimates where readings were missing. Most vendors have now addressed the issues of collection and storage of meter data, and MDM is entering a second phase of maturity. Vendors are now helping their utility customers extract maximum value from their meter data. A new report, Ovum Decision Matrix: Selecting a Meter Data Management Solution for the Utilities Industry, looks at nine MDM vendors and compares their products to help utilities better understand the MDM vendor landscape.
The MDM market is transforming
The MDM market has proven to be very dynamic during the past 12 months. Market leader eMeter has been acquired by long-term partner Siemens, and Ecologic Analytics has been fully acquired by its erstwhile minority shareholder Landis + Gyr, part of Toshiba. A couple of vendors are entering the market: HP hopes to build on its telecoms success with its Utility Center product, while Telvent is developing a number of applications on long-term partner OSIsoft’s PI architecture.
Vendors are starting to create their own niches: Aclara and Telvent are likely to gain the most success from existing clients from other parts of their business; Ferranti, Aclara, and Elster EnergyICT will win most (but not all) of their revenues from smaller accounts; Oracle and Ecologic Analytics will challenge market leaders eMeter and Itron for a greater share of larger accounts globally; and Telvent will focus on delivering advanced applications for distribution operations.
MDM products are maturing
While the core function of MDM will always be the validation and storage of smart meter data, utilities are increasingly demanding additional functionality to support more business processes, right across the utility value chain. Most MDM vendors in Ovum’s report have developed applications to serve the majority of these business processes.
The first phase of MDM maturity saw vendors and their clients work together to cope with scalability issues and develop validation, estimation, and editing (VEE) algorithms. The second phase in the maturity cycle is to develop a modular approach to help utilities extract full value from their meter data. Most vendors are now developing suites of analytics-based modules that help utilities in a number of different areas, such as: customer billing, credit management, outage management, meter asset management, market settlement, and distribution management.
MDM is becoming increasingly SOA-compliant
The industry is increasingly demanding open standards and SOA-based solution models, while vendors are seeking to simplify deployments with preconfigured out-of-the-box solutions. About half of the solutions in Ovum’s report are SOA-compliant; most of the others are working toward it. This should come as no surprise. Given that MDM is the central repository for smart meter data, it must interface with a number of different applications. Most vendors have demonstrated a commitment to industry standards, particularly the International Electrotechnical Commission’s common information model (IEC CIM), although some also work with the MultiSpeak standard. Utilities purchasing an MDM product should ensure that their potential vendor supports their chosen industry standards.
It is not yet proven that MDM’s future lies in the cloud
The vast majority of utilities have opted for a conservative approach to MDM deployment: nearly every instance of MDM supporting residential advanced meter infrastructure (AMI) is located within a utility’s own data center. This is perfectly understandable. Residential AMI is new, and there are few mature examples from which utilities can learn. By keeping their AMI investments close, utilities can better manage the unexpected.
However, a few utilities in fragmented markets such as the US, Germany, and Scandinavia have pointed the way to a different model. Unable to bear the financial risk of full-scale AMI deployments, these utilities have adopted an AMI-as-a-service approach, where a third party manages their smart meter data. Ovum believes that as AMI matures, utilities will be more willing to outsource their MDM and store meter readings in some form of private cloud. However, there is an implied operational risk associated with storing meter data offsite. Cloud adoption will be driven by the adventurous and capital-restrained.
This will be no easy sell to utilities: a conservative industry will be reluctant to let its residential consumption data be stored offsite. This data is, after all, central to a utility’s ability to bill its customers. However, the transaction-based nature of cloud services could well be attractive to utilities, assuming that service providers can adequately address concerns regarding security and reliability.
» Send this article to a friend...
» Comments? Tell us what you think...
» More Telecom & Commerce articles...
Commentsblog comments powered by Disqus
Support This Site
• 5/10 Ovum: Ovum comments: GB smart meter delay better late than never
• 5/9 Wireless Watch: Microsoft/Nokia alliance at crossroads as both ponder OS futures
• 5/9 Wireless Watch: Apple must rethink far more than the iOS user interface
• 5/9 Faultline: Quantenna gets closer to ST Micro, expect it to get “ascloseasthis”
• 5/9 Faultline: Microsoft volunteers to take Nook, as Barnes and Noble start to breakup
• 5/8 Ovum: Government policy-makers need to create a level playing field for cloud services procurement
• 5/7 Ovum: Analyst View: TPG looks to become Australia’s fourth MNO
• 5/7 Ovum: Analyst view: UK G-Cloud to champion public cloud
• 5/2 Ovum: Analyst view: Facebook’s Q1 2013 results
• 5/2 Wireles Watch: ZigBee Alliance completes Smart Energy Profile 2:
• 5/2 Wireless Watch: AMD, AT&T and Ericsson – wireless value chain shifts to IoT
• 5/2 Faultline: Netflix Hastings predicts OTT world – should stick to profit predictions
• 5/2 Faultline: Ziggo to add 1m homespots by August, work with Liberty Global
• 5/1 Ovum: Ovum says insurers must deploy predictive analytics to navigate through future complexity and chaos
• 4/29 Ovum: Analyst view: Telenor to buy Globul
• 4/29 Ovum: Analyst view: Infosys partnership with IPsoft breaks new ground in service automation
• 4/29 Ovum: Ovum forecasts social messaging apps will cost operators $32.6bn in 2013 growing to over $86.0bn in 2020
• 4/26 Ovum: Informa PLC announces executive management change at Ovum
• 4/25 Wireless Watch: US mobile market continues to shift, but at least there’s new blood this time
• 4/25 Wireless Watch: LTE cannot solve all a cellco’s problems single-handed
• 4/25 Faultline: Verizon, AT&T continue zero sum broadband game, video up
• 4/25 Faultline: CEA says tablets, smartphones on the rise, mobile dominates spending
• 4/24 Ovum: Analyst view: Apple beats financial analysts’ estimates, but is this a good thing in the long term?
• 4/23 Ovum: Ovum recommends CIOs to explore design-thinking techniques for complex ICT projects
• 4/23 Ovum: Analyst view: EE’s Q1 results – it’s all about those LTE numbers
• 4/22 Ovum: Ovum warns telcos not to rush to expand into additional countries
• 4/18 Wireless Watch: Mobile web challengers need far more than HTML5 to destabilize Google
• 4/18 Wireless Watch: Facebook and Google build anti-Apple teams
• 4/18 Faultline: LGI cannot buy KDG – so what’s really going on
• 4/18 Faultline: WiFi offload to become the cellular kingmaker
• 4/17 Ovum: Ovum says look beyond technology to the cultural aspects of gamification
• 4/16 Ovum: ACHIET-Ovum Observatory: Telecoms industry boosts socio-economic development in Latin America
• 4/16 Ovum: Social messaging can be monetized, says Ovum
• 4/16 Ovum: Australian CIOs say cloud services adoption is currently marginal but momentum is building
• 4/12 Ovum: Analyst view: Microsoft softens the blow for businesses struggling to upgrade from Windows XP
• 4/11 Faultline: Swedish Magine cloud to break over Spain and Germany
• 4/11 Ovum: Ovum Industry Congress 2013 will map how agility and innovation can enable businesses to face today’s disruptive trends
• 4/11 Wireless Watch: The new-look RAN ushers in disruptive economics and vendor shake-up
• 4/11 Wireless Watch: Google increasingly isolated in its own Android kingdom
• 4/11 Faultline: Broadcasters move towards IP only delivery, common ecosystem
• 4/9 Ovum: Analyst view: EE is doubling speeds and capacity
• 4/9 Ovum: Ovum warns European retail banks must not ignore social media
• 4/4 Ovum: Analyst view: Facebook needs a mechanism to deliver its own services to a portfolio of devices.
• 4/4 Ovum: Analyst view: Facebook’s Android launcher better targets millions of Android users
• 4/4 HP Improves Enterprise Mobility with Cloud-based Management Solution
• 4/4 Faultline: US networks will fight Aereo all the way to Congress
• 4/4 Faultline: Ericsson makes bid to outsource global broadcasting
• 4/3 Ovum: Analyst view: Cisco’s acquisition of Ubiquisys
• 4/3 Ovum: Analyst view: EU could restrict Google’s freedom to profile consumers
• 3/28 Wireless Watch: T-Mobile’s ‘no-contract’ compromise could come to Apple’s aid
Amazon Ads: More Cell Phones