Telit lands $220m deal to provide IoT modules for UK smart meter project
November 3, 2015
Telit has secured a six-year supply commitment valued at approximately US$220m as one of the technology providers for the GB SMIP, the UK’s £11.3bn smart metering infrastructure project.
The UK company’s IoT cellular modules are to power a portion of the nearly 30 million communications hubs bridging Zigbee data communications between the smart meters and either RF or cellular networks. The hubs will use a specially developed UE910 UMTS and HSPA module delivering the 3G backhaul communications, leveraging the company’s experience in the energy market.
Organised and run by the UK’s Department of Energy & Climate Change (DECC), the GB SMIP proposes to install smart meters in homes and businesses across the UK canvasing the vast majority of gas and electricity utility customers by 2020. The system will monitor consumption and provide information to help consumers and businesses use energy more efficiently.
The agency also expects SMIP to deliver a number of direct benefits to consumers including an end to estimated billing, better support for micro-generation and exported energy billing, savings from better access to energy tariff price information, more reliable next-day switching, and opportunities for new smart consumer products and services.
“As a very active member of the UK’s Beama and specifically, its Comms Hub Working Group BCHWG, Telit is not only proud to be selected as a supplier to this world benchmark project in smart metering, but also to be a part of the think tank that worked on key standards and technology foundation that made SMIP possible,” said Yosi Fait, president and finance director of Telit. “Telit has invested solidly in the special SMIP UE910 project as well as the manufacturing and logistics framework necessary to fulfil integration and rollout requirements from government as well as the various vendors involved in the project.”
Trade organisation Beama is the British Electrotechnical & Allied Manufacturers Association.