From Regulation to Reinvention: A Smart Grid Road Map
Regulatory compliance provides an opportunity to innovate and open up new revenue streams. According to Infosys’ experts, utility companies must capitalize on it by implementing Advanced Metering Infrastructure (AMI) and Meter Data Management (MDM) systems.
In a series of articles at Energypulse.net, our experts propose four shifts in strategy. Utility companies can develop capabilities to achieve agility, scalability and innovation by:
- Optimizing cost to fuel growth: Identify strategic growth initiatives to thrive in a post-AMI environment rather than list cost items as a ‘bill of materials’
- Making money from information: Use information to enhance operations, enable analytics and introduce innovative services
- Thinking faster innovation: Use the meter as a 'cash generator' rather than a 'cash register'. Leverage AMI interval data to open up new revenue streams and save costs.
- Winning in the turns: Comply with regulation to identify areas that increase competitive advantage such as self-healing grids, bill analysis, smart displays and smart controls
Read Part I
|Part II
Reproduced with the permission of Energypulse.net
Learn More about Infosys’ offerings in Advanced Metering Infrastructure (AMI) and Meter Data Management (MDM)