According to a new report from Navigant Research, in terms of strategy and execution, Nokia is the leading power utility LPWA networking vendor.
Navigant examined the strategy and execution of 15 leading low power wide area (LPWA) network equipment and service providers targeting the electric utility vertical. Of the providers assessed, global telecom solutions and service company Nokia emerged as a leader.
LPWA technologies make up a relatively newer set of communications protocols designed to fulfill the promise of the Internet of Things (IoT). Many equipment vendors and service providers are promoting these new technologies to power utilities.
As a result of their relatively lower cost, utilities today are able to imagine a time when visibility throughout the distribution grid is ubiquitous—enabling applications such as widespread asset monitoring, distribution automation (DA), distributed generation integration, and even smart metering—at an economically feasible price.
“There are numerous LPWA technologies available today, and still more emerging, for IoT applications including power utility use cases,” says Richelle Elberg, principal research analyst with Navigant Research. “Nokia is not only supporting several of these standards, which will allow it to provide the best option for various use cases, it also enjoys strong utility relationships, which should pave the way for its successful entràƒ©e in the space.”
Vendors and service providers that offer LPWA solutions as part of a broader portfolio of utility networking technologies are likely to have an advantage in the market, according to the report. Those looking to advance in the market should embrace a broad vision and work to grow their project volumes and global focus.