With growing demand for water, countries are looking at ways to get the situation under control. But, it only has got haywire in the last few years failing constantly at water utilization.
A recent report by Frost and Sullivan states that, traditional water meters will be replaced by smart water meters. A digital shift into utilizing water more accurately and reduce the instance of Non-Revenue-Water to some extent.
The smart water meter installations are expected to grow from 13.8 million to 82.1 million by 2026. Resulting, the biggest digital transformation ever in the water utility segment.
And guess what? China with its rapid and conceptualized urbanisation and smart city development opened the doors to Internet of Things (IoT). A division which they have been dominating for a long time now are capable of catering to the demand by making the use of best policies.
China is already on its way to be the largest manufactures of smart water meters by 2019. Huawei, a Chinese company, has already implemented a device of NB-IoT communication module for smart water. Likewise, Vodafone in Europe did a similar attempt.
Reports suggest that, ample number of growth opportunities are up for the grabs. Below are some.
A technology for leak detection and NRW reduction. (A problem that is faced by almost all the countries.)
Understanding the consumption patterns and improving billing efficiency.
Look at Mr. Hudson’s point of view towards smart water meters.
“The communication module of smart water meters has undergone rapid technological transformations. There is a steady rise in the demand for IoT-enabled advanced metering infrastructure (AMI) smart water meters due to their multiple capabilities of real-time visualization, leak detection, and machine-to-machine (M2M) communications. Utilities are exploring and adopting low-power, wide-area network (LPWAN) cellular communication technologies like long-range (LoRa) and narrowband (NB)-IoT for their efficiency and longer battery life.”
– Paul Hudson, senior research analyst, Energy and Environment, Frost & Sullivan
Source: FM LINK