Keynote presentation at TM Forum's Digital Disruption Seminar on 10 Dec 2014 in San Jose by Ananda Subbiah, Chief Customer Officer of Freestyle Technology.
Energy Utilities are experiencing a perfect storm of grid defection - new distributed energy technologies, recommendation websites and other disrupters are eating into the traditional relationship between consumers and utilities. As each consumer moves away from the energy grid, cost pressures mount up on those remaining consumers - accelerating and perpetuating the defection cycle.
Smart meters are often held up as shining examples of innovation in this traditionally static sector. But automatic meter reading and variable tariffs are just the start of applying innovation to improve the value of utilities to their end customers.
A new generation of IoT technology is enabling utilities to apply genuine innovation - public safety, energy management, property security, asset management... pushing out new applications to the customer edge as business needs dictate.
During this presentation Ananda will discuss specific implementations and implications of this IoT technology and how it helps foster richer relationships and enable the digital utility.
What's New in Teams Calling, Meetings and Devices March 2024
How IoT technologies are transforming utility industries
1. How IoT technologies are
transforming utility industries
Ananda Subbiah
Freestyle Technology
2. 59%
42%
33%32%
11%10%9%
“The energy industry is just above
tobacco in consumer likability.”
Energy
G
overnm
ent
Telecom
m
unications
Airlines
&
Travel
Banks
&
FinancialServices
R
etail
H
ospitality
&
Accom
m
odation
Industries providing
the best level of
customer service
Respondents ranking
1st or 2nd
Fairfax Review
Business Intelligence
surveyed 699
Australians in 2014
Australian Utility
GM of Sales, Service & Marketing
4. IoT puts utility back into utilities
utility |juːˈtɪlɪti|
1 [ noun ] the state of being useful,
profitable, or beneficial.
2 [ noun ] an organisation supplying
the community with electricity, gas,
water, or sewerage.
5. Innovation at the edge
Automation
Adaptation
1812
Smart
Meters
Distributed
Energy
(BYOE)
Demand Peak
Reduction
Disconnect
Re-Connect
Automated
Meter
Reading
Flexible
Pricing
Disruptive
Entrants
Grid
Defection
Peer-to-peer
P2P
6. Declining grid usage and viable alternative energy substitutes
threatens the medium term viability of utilities business models.
Customers start to
move ‘off-grid’
Higher
prices
Customers use less
energy from the network
A perfect storm -
the economics of grid defection
Further price
increases
More customers
leave
13. M2M SwitchGateway
3G/4GZigbee
Gas Meter
Digital Utility
Public Safety
Apartment Building
Valve
Electricity Meter
Zigbee
Resident
Solar DE
WiSUN
FME App StoreFME
Ethernet
Home Security Monitoring
Insurance
The Digital Utility
A value adding long term relationship
14. Shin-Tao Natural Gas Co. (TW) with
Chunghwa Telecom (TW)
• Shin-Tao Natural Gas Co. is the 1st company to
utilise Freestyle’s open ecosystem
• in partnership / hosted with Chunghwa Telecom
• easily incorporates a range of devices such as
smart meters, appliances and sensors…
• push out new applications post deployment as
business needs evolve
• .
15. Real world implementations
• Taiwans Intelligent Gas Grid
• Full in building coverage of
apartment based smart meters
• Integrates fire, smoke & CO2
sensors to detect leaks
• Shuts off meters in apartment &
adjacent apartments
• Alerts utility, emergency
services and residents
16. Real world implementations
• LNG Delivery Trucks
• Monitor volume /
consumption @ delivery
location
• Optimise billing accuracy
• Minimise on route
“shrinkage”
17. Real world implementationsReal world implementations
• LNG Residential Tanks
• Monitor consumption at
each location
• Optimise distribution truck
frequency - just in time
• Monitor public safety
18. “I think the grid gets disrupted.
The only question is, do you want to be
the disrupter or do you want to get
disrupted?”
NRG Energy CEO David Crane
19. Conclusions
• Utilities are not immune from Digital Disruption
• The Digital Utility is enabled via an adaptable
software driven end to end ecosystem
• Smart Meters are just the start of the journey