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Utility Industry

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UTILITY INDUSTRY

Overview


To survive in a competitive deregulated and dynamic market, utilities must adopt new state of the art technologies to comply with regulatory demands and enhance customer service.

They must also look for ways to increase operational efficiency to pass savings along to their customers. Leveraging technology is essential to survive and blossom during times of commotion and convulsion within the utility industry.

It is about making difficult decisions in an unpredictable environment where the differences are often subtle. This is especially true today as utilities confront changing regulations, aging infrastructure assets, skills shortages, fuel price volatility and the growing consideration of environmental directions.

However, utilities looking to build for the future can also look to a fresh set of business solutions enabled by new digital technologies, sensing devices and software capabilities.

Due to the emergence of new technologies such as the web and revenue metering, the the utility market is undergoing a major transformation that depends less on mainframes and more on PCs.

With the shift the expansion of PCs acting across a network and that fact that the PCs are operating in a time critical environment makes time synchronization an important concern when running a network.

Revenue metering requires that the meters be reset with accuracy time to make their time based data logging accurate.


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