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Evolution of the European Meter Data Management Market

  • June 2014
  • -
  • Frost & Sullivan
  • -
  • 51 pages

High-volume Data Management and Pattern Analytics will be the True ROI of Smart Meters

Utilities are becoming increasingly aware of the importance of efficient data management in smart metering projects. To manage and use the growing volume and variety of data, they must be capable of high-volume data management and data-pattern analytics. Although many utilities still fail to consider smart metering as a software project, meter data management (MDM) is becoming an important investment category for the deployment of smart meters. This market insight examines the role of MDM systems in the smart energy sector and the top investment opportunities for ICT suppliers, and provides an overview of present and future challenges. The base year is 2013, and the forecast period is 2014 to 2020.

Market Overview

-The pace of implementation of smart meters differs by country, although significant investments have been made throughout Europe. Most European countries are running pilots or are preparing for mass rollouts.
-Utilities are becoming more aware of the importance of efficient data management in smart metering projects.
-To manage and use the growing volume and variety of data, utilities must be capable of high-volume data management and data pattern analytics. Although many still fail to consider smart metering as a software project, meter data management (MDM) is becoming an important investment category for utilities deploying smart meters.
-Initially, the most demand for MDM solutions will come from large distribution system operators (DSOs); mid-size DSOs will follow. Some of the smaller ones will enter partnerships, launching joint MDM tenders.
-Some data management tasks will be outsourced by DSOs to a central data management hub. This is dependent on the data management model established in the country.
-Due to a lack of ICT experience, high risk and high cost, utilities will focus on the core MDM functionalities and the integration with legacy systems. They will develop their IT environment step by step, adding new functionalities in the course of time. This approach requires service-oriented architecture (SOA)-based pre-configured solutions.
-Almost all utilities reject the idea of moving their core MDM functions to the cloud. Cloud-based analytics, contrary to MDM itself, may attract more attention in the coming decade, according to energy companies.

Table Of Contents

Evolution of the European Meter Data Management Market
1. EXECUTIVE SUMMARY

Executive Summary
Market Overview

2. DATA MANAGEMENT LANDSCAPE

Data Management Landscape
Data Management Practices
Data Flow Model

3. TRANSFORMATION OF THE DATA MANAGEMENT ENVIRONMENT

Transformation of the Data Management Environment
Introduction to Smart Energy Transformation
Driving Forces behind Data Management Changes
Smart Meter Rollout—Introduction
Smart Meter Rollout—Deployment Stages
Smart Meter Rollout—Implementation Progress
Changes in Data Flow—Introduction
Changes in Data Flow—Meter Data Management Models
Changes in Data Flow—Overview of Meter Data Management Models
Emergence of Data-related Opportunities—Introduction
Emergence of Data-related Opportunities—Smart Meter Functionalities in Practice
Emergence of Data-related Opportunities—Country Level
Emergence of Data-related Opportunities—Utility Level

4. MDM MARKET TRENDS

MDM Market Trends
The Future of MDM in Energy
Trends in MDM—Cost Efficiency
Trends in MDM—Ability to Expand
Trends in MDM—Ability to Bring Value

5. CONCLUSIONS

Conclusions
Trends in MDM—Key Takeaways
Legal Disclaimer

6. THE FROST and SULLIVAN STORY

The Frost and Sullivan Story
Value Proposition: Future of Your Company and Career
Global Perspective
Industry Convergence
360º Research Perspective
Implementation Excellence
Our Blue Ocean Strategy

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