Build smart metering solutions with IBM Informix TimeSeries
Smart meter solutions can create substantial data management challenges for utility companies and their partners. By collecting data every 15 minutes, a smart meter generates close to 3,000 meter readings per month, and approximately 36 billion readings per million smart meters per year.
According to one forecast, smart meter shipments will see a worldwide compound annual growth rate of 13 percent between 2010 and 2015, with a total of 460.9 million smart meters shipped during that forecast period. 2 In Texas, one electric delivery company alone plans to implement smart meters for 3 million homes and businesses by 2012. The volume of data a company must manage will grow rapidly as it deploys more smart meters across its service areas.