The global smart energy market will see seven vendors rising up above the rest, to capitalize on the new era of clean energy production with an added layer of digitization as the Industrial Internet of Things. The seven leading vendors were determined by a study done by Technavio, which considered energy companies that provided services in "smart-grid, HEMS, digital oil fields" and leading solar technologies, all in the name of clean and smart energy production. The efficiency of these power companies was also considered. Technavio estimates that these seven vendors will lead the market from 2016 to 2020. Thus, we begin our series titled Global Smart Energy 2016 to 2020 and catch up with these seven energy companies to see the work they are doing in energy sectors and to see what qualifies them as the top vendors for global smart energy.
Sensus' daily concerns are utilities, cities, industrial complexes and campuses. The company prides itself on taking energy infrastructure into the fourth industrial revolution. Now, for the third year in a row, the company has been named the Best Smart Grid Solution. This is according to multiple municipalities offering their opinions at the Municipal Smart Grid Summit (MSGS).
Sensus offers utilities a solution named the FlexNet Communication Network. The network is a utility management system that includes management software which employs systems of smart meters, encouraging more efficient output for municipalities. Sensus claims the network leads to two-times the amount of power output, compared to cities that don't use smart-alternatives. The company supplies smart water networks called AquaSense. Additionally, there are smart metering applications for gas and electricity as well.
The director of the electric market and smart grid technologies at Sensus, Greg Myers, said: "The Sensus FlexNet communication platform is the foundation that all the applications are built on, that enable gas, water, and electric utilities to achieve operational efficiencies and resource conservation."
Sensus says the smart metering, distribution automation and IoT-connected mechanisms within their FlexNet system ensures that two-way communication between provider and consumer is possible - all in the name of efficiency. Joining multiple industries together in one collaborative network is something that needs to happen so that a city can be considered a smart-city, and Sensus is allegedly the choice for some of the top municipalities.
"The FlexNet system has the proven ability to easily adapt to evolving standards like ANSI C12.19, encryption, smart energy profile, DNP 3.0, and IPv6 which provides comfort that as new standards evolve, FlexNet can evolve with them," Myers added.
The FlexNet system also claims it can perform optimally during hurricanes and tornadoes, making their system attractive to American utilities. Through the analysis of immediately available data, smart cities can ensure premium efficiency for their smart grid solutions. For more clarity on how this is possible, see the video below: