Have AMI? You're Halfway To A Business Case For Smart Infrastructure And IoT

We didn’t transition away from film-based photography because we ran out of film, says author Tony Seba, well-regarded thought leader on market disruption. We switched over to digital photography because it had a more compelling business case.

That’s exactly what’s going to help make the internet of things (IoT). (We like to use the term Smart Infrastructure Solutions, or SIS.) Transformative technologies are helping build the business case for IoT and SIS (see related sidebar) in the utility space very quickly, according to David Green, an IHS Markit analyst, at the most recent European Utility Week.

As it turns out, according to Green, some costs related to IoT and SIS are already justified for many utilities because these organizations have installed necessary hardware in the form of advanced metering infrastructure (AMI). Now all the utilities need to do is leverage that AMI equipment to support IoT applications.