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Omnimesh Smart Metering Solution Official Launch
Omnimesh Smart Metering Solution Official Launch.
About this update from Cyanconnode Holdings Plc
[{"type":"text","content":"\n \nRNS Number : 6788S CyanConnode Holdings PLC 27 June 2018 \n\nCyanConnode Holdings plc\n(\"CyanConnode\" or the \"Company\")\n \nOfficial Launch of Omnimesh Smart Metering Solution\n \nCyanConnode (AIM: CYAN), the world leader in narrowband radio mesh networks, has today officially launched its cost-optimised standards-based Omnimesh smart metering application at Asia Utility Week in Bangkok.\n \nThe benefits of this additional route to market have already been highlighted by orders won in India worth $4.3m and the Board believes the Company is well placed to take advantage of growing demand for standards-based solutions.\n \nThe Omnimesh Application\nDelivered as part of CyanConnode's Omni IoT Platform, Omnimesh provides electricity metering capability. Based on IPv6 6 LoWPAN narrowband RF mesh technology, Omnimesh is a scalable, robust system that provides cost-effective communication capabilities, supporting the Smart Grid.\n \nIn July 2016, the Company acquired Connode Holding AB, a leading provider of IPv6-based solutions including a software license and support contract for the UK Smart Metering Implementation Programme. Following the acquisition, CyanConnode has rapidly engineered a cost optimised standards-based smart metering solution, designed to enable utilities to remotely monitor and control energy usage to reduce distribution losses. Omnimesh is designed to support global and country-specific Advanced Metering Infrastructure (AMI) standards, including those developed by Bureau of Indian Standards.\n \nGlobal Opportunity\nOmnimesh is designed to enable utilities to gather complete, accurate and timely customer metering data. This supports loss reduction programmes and reduces energy costs by maximising billing revenues and increasing power quality and customer experience. In addition, energy distribution reliability and resilience is improved by rapidly identifying and responding to peaks in demand, quickly locating and resolving faults and implementing real time controls to prevent minor faults developing into wider outages. Utilities can also implement real time pricing and enable customers to control energy consumption and costs. Most importantly, Omnimesh allows utilities to maximise smart grid investment by extending existing and new command and control capabilities over ...