Staying ahead of the technology curve means strengthening your competitive advantage. That is why we give you data-driven innovation insights into the energy industry. This time, you get to discover 5 hand-picked advanced metering solutions.
Global Startup Heat Map highlights 5 Top Advanced Metering Solutions out of 215
The insights of this data-driven analysis are derived from the Big Data & Artificial Intelligence-powered StartUs Insights Discovery Platform, covering 2.093.000+ startups & scaleups globally. The platform gives you an exhaustive overview of emerging technologies & relevant startups within a specific field in just a few clicks.
The Global Startup Heat Map below reveals the distribution of the 215 exemplary startups & scaleups we analyzed for this research. Further, it highlights 5 energy startups that we hand-picked based on criteria such as founding year, location, funding raised, and more. You get to explore the solutions of these 5 startups & scaleups in this report. For insights on the other 210 advanced metering solutions, get in touch.
Copper Labs offer Wireless Energy Monitors
For energy providers, engaging with customers and educating them about energy usage is critical to ensuring safe, reliable, and affordable energy. Also, customers expect to have control over their consumption and electric bills. This is why energy companies are advancing customer engagement and collaboration to better manage energy demand. Startups develop demand management solutions that leverage real-time energy data from advanced meter infrastructure (AMI).
US-based startup Copper Labs offers a wireless energy monitoring system, Copper, for energy utilities. Copper wirelessly collects the data from energy meters in real-time and delivers it to the customer’s mobile app for them to monitor consumption. Also, the startup’s demand management platform provides utilities with high-resolution data to strategically manage demand in order to ensure grid reliability. Further, its utility interface regionally displays the live load data and allows companies to target message customers. On the consumer end, the app uses machine learning to analyze meter data and deliver actionable insights for energy savings.
ZenMeter provides Smart Meters & Monitoring Solutions
To address concerns about global warming from excessive energy consumption, it is necessary to reevaluate the overall power consumption. This requires constant monitoring and optimization. For instance, notifying consumers in the event of peak consumption might help in switching to energy-efficient appliances. Startups and scaleups achieve this with the Internet of Things (IoT)-based monitoring devices.
ZenMeter is an Indian startup that manufactures smart meters, as well as provides automation solutions for energy consumption management. The startup offers ZenSmart RF, a modular smart meter with a pluggable communication modem that allows bidirectional communication for better grid visibility. ZenSmart, another product by the startup, features network interface cards that provide remote access and two-way communication. Further, the startup also provides a meter data management system (MDMS). The MDMS helps providers with network planning, analysis, load analysis or forecasting, peak load management, and outage management.
Smart Choice Metering delivers Smart Energy Solutions
Governments across the world are implementing advanced metering infrastructure to lower energy usage and encourage renewable energy. Replacing traditional gas and electric meters with smart meters allows providers to measure energy usage across all parts of the network in real-time. This helps in balancing supply and demand and optimize services for consumers and also minimize wastage or excess production. This is why startups develop smart meter solutions for homeowners and businesses.
British startup Smart Choice Metering delivers smart energy solutions and is an authorized meter asset provider (MAP). The startup provides both domestic and commercial smart meters. Smart Choice Metering is capable of installing and managing gas, electricity, or dual fuel meters. The startup’s installation team performs meter operator and meter asset management services. The startup with its services addresses the challenges of energy networks by facilitating automatic response to changing electric demands.
Ubiik advances Internet of Energy (IoE)
For smart meters, communication is a crucial technological necessity. Each meter must be able to transfer the data it collects to a central location in a reliable and secure manner. Startups achieve this by using wireless technologies such as low-power wide-area network (LPWAN) in advanced metering infrastructure (AMI). IoE solutions help utilities to monitor load variations and manage distribution grids.
Ubiik is a Taiwanese startup that provides IoT solutions that allow devices to wirelessly transmit data. The startup’s weightless wireless technology offers two-way communication that simplifies large-scale AMI deployments. The technology serves the communication needs of high-demand utilities that require high-density end devices, more frequent uplinks/downlinks, and long-range communication. It features a narrow-band low power, wide area network (LPWAN) that enables long-range, low-power scalability.
KTS-INTEK boosts Energy Efficiency
Due to technological constraints, even utilities with AMI deployment miss out on using their data to improve energy efficiency and demand response capabilities. So, emerging startups develop power management systems to leverage AMI data to assist utility companies in energy conservation. The solutions help utilities to get insights on consumer consumption, perform analytics, and forecast future demand.
KTS-INTEK is a Ukrainian startup that provides energy-saving solutions for distributed assets. The startup provides a range of smart energy solutions including advanced metering infrastructure for utilities, municipalities, and companies. It deploys smart meters with Embee modems that provide real-time consumption data on the Embee IoT platform. The system features automatic meter readings, enhanced tamper detection, and the ability to set different limits for power consumption meters.
Discover more Energy Startups
Energy startups such as the examples highlighted in this report focus on smart meters, decentralized grids, and distributed energy renewables (DERs). While all of these technologies play a major role in advancing the energy industry, they only represent the tip of the iceberg. To explore more energy technologies, simply get in touch to let us look into your areas of interest. For a more general overview, you can download our free Energy Innovation Report to save your time and improve strategic decision-making.