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[August 08, 2014]
United Kingdom : Frost & Sullivan Honours Cyan Technology for Developing a Smart Metering Technology for the Power Sector in Emerging Economies [TendersInfo (India)]
(TendersInfo (India) Via Acquire Media NewsEdge) Based on its recent analysis of the smart metering market, Frost & Sullivan recognizes Cyan Technology ("Cyan") with the 2014 Europe Frost & Sullivan Award for Technology Innovation Leadership. Cyan collaborates with utilities, system integrators and meter manufacturers across the globe to develop cost-effective smart metering technologies that will aid energy providers and consumers alike. Its smart metering technology provides a feasible upgrade from automated meter reading ("AMR"), offering benefits such as collection of data through radio from walk-by devices, to full-scale advanced metering infrastructure ("AMI").
CyLec, the standards-based smart metering solution developed by Cyan, is a highly efficient communication and control platform. The system enables secure two-way communication with significant range and penetration, and is equipped with data concentrator units with embedded software for the remote management and control of multiple meters.
CyLec helps the utility to read each and every meter, ensuring the timely dispatch of bills, which translates to cost savings. CyLec® also aids timely fault detection and prevention, and allows utilities to disconnect meters from remote locations in cases of theft. Additionally, CyLec® facilitates the shifting of loads between industrial and domestic consumers during peak hours with the help of tools such as real-time Time of Use tariffs and incentives.
"CyLec has already demonstrated its practicality in India and Brazil, and has proven to be compatible with the existing static meters in these countries," said Frost & Sullivan Research Analyst Avimanyu Basu. "The retrofitting is achieved with the help of a compact retrofit module that connects with the existing communications interface on the meter." In countries such as India, 25 percent to 30 percent of the generated power is lost during transmission and distribution, so optimizing the system by reducing losses can provide a significant boost to the economy. It will also allow utility companies to invest in the improvement of infrastructure, which will bring the outlying areas that are without service into the grid network. The company envisions that in the next five years, smart grid technology will help to address aggregate technical and commercial (AT&C) losses and completely eliminate load shedding.
Cyan is part of a consortium that provides the manufacturing and supply of 5,000 retrofit modules to Essel Utilities in India, each containing Cyan's CyLec 865MHz RF device. Along with this, Cyan offers additional software and hardware support such as Data Concentrator Units, custom antennas, CyLec Head End Server software licenses and onsite software implementation services.
(c) 2014 Euclid Infotech Pvt. Ltd. Provided by SyndiGate Media Inc. (Syndigate.info).
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