How Verizon and Honeywell Are Redefining Energy: 3 Key Takeaways
Verizon and Honeywell are transforming the future of utility management by integrating 5G connectivity into smart metering technology. Through their partnership, real-time remote energy monitoring is being made possible and greater efficiency, reliability, and self-sufficiency are being realized throughout the energy sector.
1. 5G-Ready Smart Meters Support Grid Resilience
Those days of walking up and down streets to read meters are over. Honeywell's connected smart meters on Verizon's 5G network enable utilities to benefit from rapid, secure, and real-time energy data transfer. The smart meters monitor usage, grid health, and equipment performance in real-time—critical information that enables better demand forecasting and resource planning. Remote upgrade reduces the use of on-site technician visits, lowering operational costs and extending device lifespan.
Amol Motivala, President of Honeywell Smart Energy, notes, "By taking advantage of Verizon 5G connectivity, we are revolutionizing the utility ecosystem with cellular-connected smart meters providing the insights needed to improve grid performance and customer satisfaction."
2. Cloud and 5G Synergy Drives the Next Generation of Utility Solutions
Merging cloud infrastructure with 5G networks enhances the autonomy and responsiveness of energy systems. Utility operators can better monitor dispersed assets and proactively respond to changing grid conditions. This combination allows for real-time analysis and near-instant energy demand forecasting, opening the door to smarter, more adaptive infrastructure.
Verizon's 5G low-latency connectivity is central to enabling this transformation, supporting utility operations with high-speed communications and high-demand data processing—required for bulk smart grid implementations.
3. IoT Intelligence Drives Smarter Utility Management
The growth of Internet of Things (IoT) in utilities is accelerating. Cellular connectivity has emerged as a secure and scalable solution to coping with an immense number of smart devices. From grid sensors to smart meters, IoT platforms give end-to-end visibility into performance, health, and maintenance needs—eliminating unplanned downtime and improving customer service.
TJ Fox, Verizon Business SVP of Industrial IoT, states, "With massive change on the horizon for utilities, connected capability will be critical to managing shifting demands for energy and mitigating outages or unplanned maintenance events."