Netmore Group has introduced its Metering-as-a-Service (MaaS) offering, targeting water and gas utility companies aiming to enhance their infrastructure without the burden of significant upfront investments. This strategic move positions Netmore to support a broader range of utilities, including smaller entities that previously found advanced metering solutions financially out of reach. The MaaS initiative is expected to accelerate the adoption of smart metering technologies, promoting greater efficiency and sustainability within the utility sector.
Utilities can now benefit from Netmore’s MaaS, which contrasts with earlier Advanced Metering Infrastructure (AMI) approaches that required substantial capital expenditures. By eliminating these initial costs, MaaS improves utilities’ cash flow and facilitates quicker modernization, enabling them to focus resources on other critical operational areas.
What Advantages Does Metering-as-a-Service Offer?
Metering-as-a-Service provides utilities with a fully managed, turnkey AMI solution. This allows companies to pay a monthly fee per communicating meter, inclusive of repair and replacement services. Consequently, utilities can shift their attention from meter maintenance to addressing broader sustainability and efficiency challenges.
How Does Netmore Ensure Reliable Deployment?
Netmore leverages its extensive experience in large-scale AMI projects and robust partnerships across suppliers and installers to ensure rapid and reliable network deployment. This capability enables the company to expand coverage on demand and effectively manage project risks, maintaining high service level agreements and operational excellence.
What Impact Could MaaS Have on the Utility Sector?
The introduction of MaaS by Netmore is likely to make smart metering more accessible to a wider array of utilities, particularly those constrained by budget limitations. By providing flexible financing options and outcome-driven guarantees, MaaS supports utilities in tackling issues like non-revenue water, thereby enhancing overall operational efficiency and sustainability.
Netmore’s launch of Metering-as-a-Service in Europe and the United States marks a significant development in utility infrastructure modernization. This approach not only streamlines the deployment process but also offers a scalable solution that can adapt to the varying needs of different utility providers. As the demand for smart metering continues to grow, Netmore’s MaaS positions the company as a pivotal player in driving the sector towards greater efficiency and environmental responsibility.
Netmore’s Metering-as-a-Service stands out by providing a cost-effective and flexible alternative to traditional AMI deployments. Unlike previous models that required large capital expenditures, MaaS offers a subscription-based model that reduces financial barriers for utilities. This shift not only facilitates broader adoption of smart metering technologies but also aligns with the ongoing industry trend towards sustainable and efficient resource management.
“By blending our deep operational expertise with flexible financing options, we’re able to offer Metering-as-a-Service solutions that not only come with competitive pricing but also strong, outcome-driven guarantees. This creates significant value for utilities, enabling them to focus on critical challenges like tackling non-revenue water, while we handle the technology. Most importantly, our approach makes the full potential of smart metering accessible to a broader range of utilities, especially those unable to make large upfront investments – unlocking a new era of efficiency and sustainability across the sector,” says Andreas Stenhager, CCO of Netmore Group.
