Advanced Metering Infrastructure (AMI) to Support the Future Growth Potential of IoT Platforms
Operators of electric utilities and distribution systems look for solutions to cut operational expenditure and increase network resiliency.
This start-up tracker helps ecosystem participants identify providers offering solutions that address industry challenges.
The start-up tracker provides a rich database of start-up and niche players that can transform power and energy services processes and add value to the end user. The analyst selected these companies based on its Best Practices database, alongside secondary research on worldwide power and energy ecosystem mappings and rankings (e.g., CB Insights, Forbes list) and other regional power and energy services tech mappings and rankings.
The analyst made a list of start-ups that focus on IoT power and energy services by region, including different segments: advanced metering infrastructure (AMI), energy efficiency, energy storage management, distributed generation, and electric vehicle (EV) charging. The analyst conducted detailed primary interviews with start-ups that stand out in different regions to generate a competitive profile and understand relevant developments, strategies, and value propositions. After screening and analyzing each shortlisted company, the analyst assigned an overall score to each start-up using the criteria described in this study.
The IoT space is still in flux. Unlike the more mature ICT markets, the IoT space has significant overlap with other industries, such as automotive, energy, and transportation. A component of the IoT is any product, application, or service that is part of a larger solution comprising the 4 elements below.
- Objects that are virtualized and imbued with data measurement capabilities
- The ability to grant identities to physical and virtual objects
- Interconnections between the objects for monitoring and interaction
- The ability to generate real-time insights from data and incorporate them into existing business processes
To accurately observe and measure IoT-related economic activity, the analyst uses this definition to determine whether a technology product, application, or service is part of the IoT industry.
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Companies Mentioned (Partial List)
A selection of companies mentioned in this report includes, but is not limited to:
- Bidgely
- CB Insights
- Corinex
- Energiency
- Forbes
- Fox IoT
- METRON