During upcoming web conference Frost & Sullivan’s Yiru Zhong will discuss strategies for ICT players to stay ahead in the M2M game.
The M2M market in the utilities sector is one of the top three industries with immediate deployment potential. The Europe 2020 target to decrease carbon emissions by 20% by 2020 has buoyed the energy sector demand for M2M products and services. Main telecom providers and IT players are already involved in the major smart metering projects. To entrench their market positions the market players have to seek out other applications across the utilities industry.
Frost & Sullivan will host a web conference entitled: “M2M in Utilities – Beyond Meters into the Grid” on Thursday, 17 November 2011, at 14.00 GMT. Yiru Zhong, Frost & Sullivan Industry Analyst for ICT group, will discuss what is the next wave of M2M applications in the utilities sector, and how should various stakeholders exploit this market potential.
Previous years were already very strong in demand for M2M applications in the utility sector. Frost & Sullivan estimate showed that there were around 3.00 mln of M2M modules shipped to the utilities sector in 2010 and the number will be growing to 5.00 mln by 2012.
The primary driver behind the growth between 2008 and 2010 was the regulatory requirement to deploy smart meters. Within these two years, the UK, Spain and France have accelerated their smart metering plans. The EU Climate Change package to reduce carbon emissions by 20 per cent by 2020 has also provided a broad legislative boost to demand for M2M SIMs in metering projects across the region.
“Many of market opportunities are concentrated on smart metering projects. The nature of deployments however is such that these projects provide high volume and relatively low revenue per M2M connection,” notes Yiru Zhong. “Frost & Sullivan believes that the M2M race is fought among traditional M2M, ICT and utilities players, as no current provider holds all the answers in utilities’ operational requirements.”
The briefing will benefit all market players by providing insights to utilities and M2M sectors and highlighting the strategies of ICT companies in meeting M2M opportunities within the utilities industry.
To participate in the briefing, please email Joanna Lewandowska, Corporate Communications, at email@example.com with your full contact details. Upon receipt of the above information, a registration link will be e-mailed to you. You may also register to receive a recorded version of the briefing at anytime by submitting the aforementioned contact details.
Frost & Sullivan, the Growth Partnership Company, enables clients to accelerate growth and achieve best-in-class positions in growth, innovation and leadership. The company’s Growth Partnership Service provides the CEO and the CEO’s Growth Team with disciplined research and best-practice models to drive the generation, evaluation, and implementation of powerful growth strategies. Frost & Sullivan leverages over 50 years of experience in partnering with Global 1000 companies, emerging businesses and the investment community from 40 offices on 6 continents. To join our Growth Partnership, please visit http://www.frost.com
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February 25, 2019