M1 has rolled out its commercial nationwide Narrowband Internet of Things (NB-IoT) network in Singapore to deliver secure, reliable, power efficient ubiquitous connectivity for IoT.
The telco and its partners are currently offering IoT solutions such as smart energy management for buildings, environmental monitoring, asset tracking and fleet management. The NB-IoT network is aimed at spurring the development and deployment of many more of such solutions in future.
Keppel Electric is one company that is looking to leverage the NB-IoT network.
It is piloting the NB-IoT Energy Management Meter, which is expected to enable it to deploy power and water meters to its customers' premises faster and more cost-effectively. These meters will further enable commercial, industrial and residential customers to track their energy usage.
"With the full liberalisation of the electricity market expected in 2018, the launch of M1's NB-IoT network is a timely development for us and our customers, who will get to enjoy easy access to useful real-time consumption data at a lower cost. We also see the potential of such implementations helping consumers to manage their electricity use more prudently," said Janice Bong, general manager, Keppel Electric.
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