Not so long ago, utility companies would check a customer’s meter once a month—12 times a year. Today data can feed in from smart meters every 15 minutes, totaling over 35,000 readings per meter per year.
Every day, IoT devices and other smart technologies generate terabytes of data that can help utilities operate more efficiently and reliably … and sometimes the sheer volume of that data can create logjams that lead to inefficiencies. The combination of edge computing and 5G networks is enabling utilities to manage data more effectively and shrink decision-making and response times, while also reducing the burden on centralized data infrastructures.
The dynamic duo of edge computing + 5G
Edge computing enables data to be processed at or close to the location where the data originates. As utilities typically have technology assets dispersed across broad geographical areas—often in remote, inhospitable locations—this computing model is an ideal fit for certain applications, particularly those requiring rapid decision-making and response. The availability of 5G wireless compounds the benefits of edge computing by enabling faster communication between edge devices and edge servers, allowing devices to be monitored and controlled in real or near-real time.
You can read the rest of the article, including where utilities are leveraging edge computing, key benefits, and how to get in on the action, over on the Fast Company site.
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Travis Jones is the Senior Vice President of Sales Operations & Administration at Logic20/20.