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Advanced Metering Infrastructure (AMI)
Advanced metering infrastructure (AMI), used by utility companies, is an integrated system of equipment (such as smart meters and sensors), communications networks, and information management systems. The system enables two-way communication between utilities and customers. AMI provides the ability to automatically and remotely measure energy or water use, connect/disconnect service, detect tampering, monitor voltage, and identify outages or leaks. The four main components include meters, meter interface unit for data storage and transmission, other sensors, and remotely controlled variables.
What Small and Midsize Businesses Need to Know About Advanced Metering Infrastructure (AMI)
Benefits to businesses using AMI include real-time notifications, improved utility operations, improved conversation, enhanced security, and cost savings.
Related terms
- Tokenization
- ROIT (Return on Information Technology)
- SAC (Subscriber Acquisition Cost)
- Energy Trading and Risk Management (ETRM)
- Chief Revenue Officer (CRO)
- Core Banking System
- Record to Report (R2R)
- Fintech
- Financial Management System (FMS)
- Business Capability Modeling
- Capital Allocation
- Compound Annual Growth Rate (CAGR)
- Net Present Value
- Hedge Fund
- Gateway
- Selling General and Administrative (SG&A) Expenses
- ROE (Return on Equity)
- Financial Planning and Analysis (FP&A)
- Dollar-Cost Averaging (DCA)
- Procure-to-pay Solution
