Verizon and Honeywell enable utilities to more quickly deploy LTE Smart Meters
January 29 2020 - 8:00AM
Verizon (NYSE: VZ) has teamed up with Honeywell (NYSE: HON) to help
utilities speed up and simplify the deployment of new
communication-enabled, intelligent sensors and controls for the
smart electric grid. By integrating Verizon’s Managed Connectivity
LTE solutions into Honeywell’s next-generation smart meters and
other electric, gas, and water solutions, the two companies will
drive energy savings by more quickly deploying smart electric grid
technologies. These technologies allow consumers to use energy at
the optimum time and help utilities manage and plan for peak
demand.
Combining Managed Connectivity, which will be offered as a
service on Verizon’s LTE network, with Honeywell Smart Energy
software, hardware and services, the collaboration will provide
utility companies with a highly scalable, fully managed, open
computing and communications platform to help them manage
operations efficiently and safely deliver new services to their
customers.
The platform will include features important to
utilities, including:
- Strong device identity and security,
- Dynamic network authorization and access,
- Device and application discovery,
- Remote device monitoring and management,
- Modem firmware and application upgrades,
- Real-time device diagnostics, and
- Simplified supply-chain and data access.
“Working with Honeywell on these next-generation solutions will
enable the reliability and scalability of the communications needed
to deliver smart metering, manage distributed energy resources,
conserve water, and make the digital world work better for
utilities and consumers,” said Jay Olearain, director, Enterprise
Products and IoT at Verizon. “Our Connected Utilities solutions
bring connectivity and computing capabilities to all kinds of IoT
devices, helping companies like Honeywell grow their leadership
positions in the utilities space and expand their business models
into new market opportunities.”
The open secure edge computing and networking platform enables
Honeywell to incorporate sophisticated technologies like artificial
intelligence and machine learning into its meters. The two
companies are also working to explore how 5G can transform the
utility industry through higher bandwidth, faster speeds and low
latency, enabling advanced industrial automation and control
solutions along with real-time analytics.
“The Honeywell portfolio of utility applications and analytics
expands with the new capabilities of wireless IoT,” said Ann
Perreault, director, Connected Utilities, Honeywell Smart Energy.
“By taking advantage of an already built, cellular infrastructure,
our utility customers can more quickly deploy new capabilities
based on interoperable communications, allowing them to facilitate
innovation. This means that it is easier and more cost effective
for utilities to apply analytics to plan for energy demand and to
integrate emerging new technologies including micro-renewable
generation, electric vehicles, battery storage and semi-autonomous
control into the next evolution of the grid.”
The availability of Verizon Managed Connectivity firmware within
LTE network interface cards and LTE edge server routers accelerates
the development of a new and innovative digital ecosystem of
utility connected devices on LTE at scale.
About VerizonVerizon Communications Inc. (NYSE,
Nasdaq: VZ) was formed on June 30, 2000 and is celebrating its 20th
year as one of the world’s leading providers of communications,
information and entertainment products and services. Headquartered
in New York City and with a presence around the world, Verizon
generated revenues of $130.9 billion in 2018. The
company offers voice, data and video services and solutions on
its award winning networks and
platforms, delivering on customers’ demand for
mobility, reliable network connectivity, security and
control. News releases, stories, media contacts and other
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About HoneywellHoneywell (www.honeywell.com) is
a Fortune 100 technology company that delivers industry specific
solutions that include aerospace products and services; control
technologies for buildings and industry; and performance materials
globally. Our technologies help everything from aircraft,
buildings, manufacturing plants, supply chains, and workers become
more connected to make our world smarter, safer, and more
sustainable. For more news and information on Honeywell,
please visit www.honeywell.com/newsroom.
Verizon Media contact: Kyle
Ragonese732.236.3526Kyle.Ragonese@verizon.com
Honeywell Media contact:Stefanie
Cuene602.436.0811Stefanie.Cuene@honeywell.com
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