Results for tag: "Meter Data Management"

Meter Data Management (MDM) is a type of data storage and management system that is used to collect, store, and analyze data from smart meters. Smart meters are devices that measure and record energy usage in real-time, allowing for more accurate billing and energy management. MDM systems are used to store and manage the data collected from these meters, as well as to provide analytics and reporting capabilities. MDM systems can also be used to detect and prevent fraud, as well as to provide customers with more detailed information about their energy usage. MDM systems are becoming increasingly important as the use of smart meters continues to grow. By providing more accurate data and analytics, MDM systems can help utilities better manage their energy resources and reduce costs. Some companies in the Meter Data Management market include Oracle, SAP, IBM, Schneider Electric, and Siemens. Show Less Read more