More recently, Internet of Things (IoT) is fast emerging as a very significant agent of transformation as it blends the physical and digital worlds.
IoT is an environment in which objects, animals or people are provided with unique identifiers and ability to transfer data over a network without requiring human-to-human or human-to-computer interaction.
Smart metering service is expected to put consumers in control and enables utility companies to offer “smart” services to consumers in the future.
According to stakeholders in the ICT industry, Data Analytics enables controlled access and exposure of data from cellular and non-cellular devices and creates value through cross-industry offerings.
Against this backdrop, Ericsson has introduced three new solutions to equip communication service providers and utility companies to address services and requirements in the fast-growing Internet of Things (IoT) market. Those new additions will strengthen Ericsson’s unique position with end-to-end capability.
In the latest Ericsson Mobility Report, 28 billion connected devices are forecasted by the year 2021, more than half of which are machine-to-machine (M2M) and IoT connections.
Numerous studies have identified the potential and value of IoT to society, with smart cities and connected homes, including consumer devices, making up as much that value. Driving industry innovations in smart cities and connected homes, Ericsson is launching three IoT solutions:
ICT is becoming increasingly critical for utility providers as they look to improve operational efficiency and find ways to innovate and improve customer experience.
“Smart Metering enables end-to-end business process outsourcing drawing on Ericsson’s experience of enabling more than 42 million smart meters worldwide. The benefits of smart metering as a service include reduced time-to-market, superior meter management and operations, as well as maximum cost savings.
“ In short, utility providers will enjoy lower total cost of ownership, reduced complexity as Ericsson acts as a single point of contact with IT service providers, telecom operators and field services companies; and improved quality of service”.
For consumers, smart metering and a smarter, connected grid enables more reliable services, more accurate billing and the ability to control spending thanks to timely consumption data. It also supports advanced security automation lighting, heating and cooling services identified by Ericsson’s recent ConsumerLab report as areas of high interest for consumers.
Smart Metering as a service will be commercially available in Q2 2016.
In September 2015, Ericsson said that a there would be a suite of software upgrades to accelerate the uptake of IoT, removing roadblocks to mass-market adoption. To meet the new challenges of supporting the coming massive numbers of IoT devices with a wide range of use cases and requirements. Ericsson is launching Networks Software 17A for Massive IoT that supports millions of IoT device connections per cell site. The software-only upgrades introduce newest device category for LTE connections, Narrowband-IoT (NB-IoT), to existing network infrastructure, for fast rollout of reliable, secure mobile connectivity at the lowest total cost of ownership.
NB-IoT is well suited to IoT applications such as metering and sensor monitoring and flexibly scales to support millions of connections per cell site. It also reduces module costs by 90 percent and provides seven times better coverage. Combined with power-saving improvements, it delivers more than 10-year device battery life while maintaining downlink reachability.
These enhancements complement features available in the previous software release to address the diversity of IoT requirements while making best use of the extensive global footprint of existing networks. The upgrades to LTE and GSM networks provide an ideal platform for IoT growth.
Ericsson Networks Software 17A for Massive IoT will become commercially available in Q4 2016. This means Ericsson will deliver the industry’s first complete cellular low-power, wide-area (LPWA) offering to market this year.
Original content was posted here: http://sunnewsonline.com/new/iot-solutions-to-accelerate-smart-homes-cities-metering/