With the digital transformation of the energy industry, numerous possibilities are emerging that go beyond the roll out of smart meters required by law. The power industry and the IoT are converging.
The energy sector is undergoing sweeping changes, with decentralization, digitalization, and sector coupling giving rise to new processes and business models. As smart meters make their way into the world, they are helping to connect disparate systems to create a smart grid.
This presents some challenges for power companies. For one, they have to roll out their offerings with price caps in mind. For the other, they have to find revenue models that work in a new and unfamiliar competitive arena. And they have to prepare their workforce for new digital use cases.
As the energy industry goes digital, many unprecedented opportunities are emerging – business opportunities that extend far beyond the statutory rollout of smart meters. The data exchanged via highly secure metering infrastructure can provide the basis for new IoT business models.
IoT use cases for energy suppliers
The Bosch.IO Energy team helps energy suppliers to achieve their goals. In the course of our energy projects, we have identified sustainable IoT use cases for energy suppliers.
Our portfolio for energy suppliers
Bosch.IO’s smart solutions for measuring point operations support normally responsible and commercial metering point operators every step of the way from rollout to operation. Companies can mix and match individual modules as they see fit to achieve the best possible transparency, quality, and level of automation.