Internet of Things in Utilities - Thematic Research

Internet of Things in Utilities - Thematic Research

Summary

IoT is changing the face of the utilities industry. Utilities are facing significant challenges to their established business model, due to the increasing need to support distributed generation like wind and solar, storage, and electric vehicle charging, while keeping costs down. This is on top of the challenges of rising customer expectations, increasingly uncertain and complex regulation, and the need to replace assets that are reaching the end of their life.

One of the key ways that utilities are exploring in an effort to tackle these challenges is making their infrastructure more flexible and responsive and increasing the visibility they have into their assets. This approach means that utilities would ideally connect most sources of power, users of power, and the wires and transformers that move that power around and have data flows on all these assets. It also means that, to make the grid truly smart, utilities would also need these devices to be able to respond to central signals, and make decisions independently at the edge, in order to respond to system needs. Clearly, this is the very definition of IoT. Utilities have therefore been ahead of the curve in terms of adopting technologies like smart meters and smart grids, which are precursors to the wider adoption of holistic IoT solutions.

Scope

- This report focuses on understanding the impact of the internet of things (IoT) in the utilities sector.
- It discusses how the industry has been quick to adopt technologies like smart meters and smart grids, which are precursors to the wider adoption of holistic IoT solutions.

Reasons to buy

- The report highlights the big players in IoT and where do they sit in the value chain.
- It identifies the main trends in the IoT industry over the next 12 to 24 months.
- The report also analyses the key themes impacting the utilities industry.
- It also provides an industry analysis, explaining what all of big IoT market segments aim to do.
- The report discusses the IoT value chain across four layers - devices, connectivity, data and apps.
- The report describes the impact of IoT on the utilities sector through case studies and key recommendations for IT vendors and utility companies.
- It offers a technology briefing on how the key IoT market segments are evolving, and the kind of products that might emerge and the companies that might make them.


PLAYERS 3
TRENDS 4
Technology themes 4
Industry themes 9
INDUSTRY ANALYSIS 11
The standards battle 11
Market size and growth forecasts 15
The four stages of IoT development 18
Competitive analysis 18
Mergers and acquisitions 20
Timeline 22
VALUE CHAIN 24
Device layer 25
Connectivity Layer 26
Data Layer 29
App Layer 30
IMPACT OF IOT ON UTILITIES 32
Utilities case studies 33
Key recommendations for IT vendors 35
Key recommendations for utilities 36
COMPANIES SECTION 37
Public companies 37
Private companies 40
Utility companies 41
TECHNOLOGY BRIEFING 43
The six big IoT market segments 43
Navigating the IoT value chain 45
GLOSSARY 46
APPENDIX: OUR “THEMATIC” RESEARCH METHODOLOGY 47


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