According to Transforma Insights, the total count of Grid Operations devices is projected to increase from 26 million in 2020 to 92 million by 2030. IoT grid management (electricity grid, water grid & gas grid) enhances utilities by improving efficiency, resilience, and sustainability. It optimizes resource allocation, reduces downtime, and enables proactive maintenance, making critical systems more robust and reliable.
The 1NCE team fully acknowledges the relevance of IoT in efficient smart grids management. This is evident in our substantial Utilities customer base share of 21%, where Smart Grid stands out as one of the leading use cases.