Milan, Italy – October 22nd—Fibocom
(Stock code: 300638), a global leading provider of IoT (Internet of Things)
wireless solutions and wireless communication modules, showcased its advanced
5G/4G/Cat 1bis/Cat M modules at Enlit Europe 2024, the key event for utility
sectors. These module solutions are specifically designed to support smart
energy applications such as smart metering, grid modernization, and energy efficiency
management.
Smart
Energy Focus: Driving Innovation in Smart Metering
With the growing integration of renewable
energy, technological advancements, and the global shift towards
sustainability, the global smart energy market is expected to expand significantly
in the coming years. According to Research and Markets, the smart
energy market is projected to exceed $300 billion by 2029, with a
compound annual growth rate (CAGR) of 10.54% from 2024 to 2029. This
growth is primarily driven by the expansion of smart grids and advanced
metering infrastructure (AMI) to meet global energy efficiency goals.
Fibocom’s portfolio of wireless modules is
designed to optimize smart meter deployments by providing robust, efficient,
and scalable communication technologies. For instance, Fibocom’s MA510 supports
LTE Cat M1/Cat NB2/EGPRS with ultra-low power consumption, making it ideal for
IoT applications with limited power supply, such as smart meters, parking
systems, and asset tracking. The Cat 1 bis with GSM fallback module MC610
covers major global carrier bands and offers versatile interfaces, making it
compatible with various IoT applications. The compatibility between Fibocom’s
MC665, MA510, and MC610 modules allows customers to switch seamlessly with
minimal costs, enhancing operational flexibility for smart energy deployments.
These solutions not only comply with the
latest industry standards but also provide scalability, and adaptability to
different network environments. With these features, Fibocom’s modules empower
energy providers to deliver advanced services such as predictive maintenance,
automated billing, and optimized grid management—contributing to a smarter,
greener energy future.
Evolving
Connectivity for an Intelligent Future
As the smart energy market evolves,
wireless connectivity solutions offering strong signal penetration, low power
consumption, and real-time data analytics are critical to enabling a more
intelligent and sustainable energy ecosystem.
According to Allied Market Research, the
implementation of smart meters in the Europe is expected to save over $20
billion annually by reducing energy waste and improving demand response
capabilities. Fibocom’s LTE Cat 1 bis modules provide reliable coverage in both
urban and rural areas, ensuring strong connectivity even in challenging
environments like basements or remote locations. Additionally, these modules
feature a battery life of up to 10 years, reducing maintenance and replacement
costs by 30%, making them ideal for areas where frequent battery changes are
impractical.
Moreover, Fibocom’s modules support
real-time data transmission, enabling utilities to monitor energy consumption,
detect anomalies, and optimize distribution more efficiently. This real-time
approach facilitates predictive maintenance, reducing unexpected outages and
improving overall service reliability.
Fibocom remains committed to driving
innovation in the IoT and energy sectors, ensuring its wireless technologies
continue to shape a sustainable, intelligent, and connected energy future.
The event continues in Milan, and Fibocom
invites all attendees to visit booth #5.J52 in Hall 5 to
explore our solutions further!
