April 5, 2006—FMs should benefit from the solution that cash-strapped utility companies are finding in the form of “Automated Meter Reading” (AMR) systems.
According to Frost & Sullivan, a global growth consulting company, the AMR systems are designed to dramatically reduce operational costs and also meet the new regulations that make demand response and outage management features necessary.
The utilities expect to save at least as much as the cost of the whole AMR system over the lifetime of the system. Frost & Sullivan finds that the North American Automated Meter Reading Market earned revenues of $1097.1 million in 2005 and estimates this to reach $2.01 billion in 2012.
The significantly higher cost of the equipment, installation, and maintenance of Advanced Metering AMR over traditional AMR prove to be the biggest challenge currently. However, Advanced Metering AMR incorporates increased sophistication and improvements in reliability and accuracy, resulting in lower overall operational cost over the lifetime of the equipment.
For a virtual brochure that provides manufacturers, end users, and other industry participants an overview of the latest analysis of the North American Automated Meter Reading Market (A860), e-mail Trisha Bradley, Corporate Communications, with your full name, company name, title, telephone number, e-mail address, city, state, and country. The brochure will be e-mailed.
