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Landis+Gyr Divests Stake in Intellihub Joint Venture

/PRNewswire/ -- Landis+Gyr Group AG (SIX: LAND), a leading provider of integrated energy management solutions, today announced that its subsidiary Landis+Gyr...

Landis+Gyr Announces First Half FY 2021 Financial Results

/PRNewswire/ -- Landis+Gyr (SIX: LAND) today announced unaudited financial results for the first half of financial year 2021 (April 1st - September 30th, 2021)....

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IoT in Utilities Market projected to reach $53.8 billion by 2024, with a remarkable CAGR of 13.5%

IoT in Utilities Market projected to reach $53.8 billion by 2024, with a remarkable CAGR of 13.5% iCrowd Newswire According to a new market research report "IoT in Utilities Market by Component (Platform, Solutions (Asset Monitoring and Management and CIS and Billing), Services), Application (Electricity Grid Management Water and Wastewater Management), Region - Global Forecast to 2024″, published by MarketsandMarkets, the global Internet of Things (IoT) in utilities market size is expected to grow from USD 28.6 billion in 2019 to USD 53.8 billion by 2024, at a Compound Annual Growth Rate (CAGR) of 13.5% during the forecast period. The use of IoT in grid technology is accelerating the integration of renewable energy resources, such as solar, wind, and hydroelectricity into the electrical grid and further in the gas and water utility segment across the world. Factors, such as the rising trend of deregulating the utility industry, and need for operational efficiency and control are expected to increase the growth of the market. The lack of standards for interconnectivity and interoperability can restrain the growth of the market.

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IoT in Utilities Market Giants Spending Is Going To Boom | IBM, Telit, Trilliant, Rayven

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Polk-Burnett Electric Cooperative Selects Landis+Gyr for AMI System Upgrade

Share this article Share this article ATLANTA, March 16, 2021 /PRNewswire/ -- Landis+Gyr (LAND.SW) announced it was selected by Polk-Burnett Electric Cooperative to provide new smart grid and metering technology as part of the cooperative's advanced grid initiative. Based in northwestern Wisconsin, Polk-Burnett is currently replacing its legacy metering system with Landis+Gyr's Gridstream ® RF Mesh Network that enables AMI, distribution automation and customer engagement support. The two-year project includes deployment of RF network infrastructure and more than 26,000 residential and commercial advanced meters. The cooperative also plans to add distribution automation devices and load management switches to the network in the future.

IoT In Utilities Market 2020-2027 | Hipra, Zoetis Inc., Merck & Co., Inc., Tecnovax, Virbac, Veterquimica S.A – KSU

triFebruary 18, 2021 7 The IoT In Utilities Market is expected to grow worth of US$ +54 Billion and at a CAGR of +14% over the forecast period 2020-2027. The Research Insights has published a statistical data titled as IoT In Utilities Market to promote an overview of the market along with its applications and end users. An effective information of the potential clients is studied using research methodologies. This IoT In Utilities market is highlighted to examine recent developments in various domains. The advent of IoT in utilities is expected to reduce challenges faced by the utility sector and help evolve it. The application of IoT in utilities will improve efficiency, generate revenue, and conserve enterprise resources. IoT sensors can optimize energy and water generation and distribution to help utility providers keep up with the increasing demand of utilities, such as water, gas, and electricity from consumers. Additionally, IoT sensors can improve workplace safety for oil and gas workers.