January 11, 2023
5 Important Questions to Ask When Selecting a Meter Data Management (MDM) Solution
The Insider Blog / 4 min read
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January 11, 2023
The Insider Blog / 4 min read
Software as a Service (SaaS) technologies for meter data management (MDM) offer opportunities to do exactly that. But before choosing a provider, utilities first need to understand their options. Here are a few questions utilities should ask a potential provider during the evaluation process:
There are many ways that a utility can collect its metering data, and the right SaaS should work seamlessly with that technology or method, whether it’s AMR, AMI or a combination of technologies. For small or mid-sized utilities, budgets may be tight—and replacing incompatible meters is expensive. Ensuring that the SaaS system will work with the existing meters and communications network is an essential first step to determining if the solution is right.
The basic premise of MDM is that it can quickly and accurately show water usage data for an endpoint or service area—but it's capable of so much more than just generating bills. Utilities should consider whether the SaaS offers all, or most, of the following:
Many SaaS solutions offer hourly data displays. This is much more insightful than monthly reads, but it may not show enough granular detail for utilities that need to right-size their revenue or meet conservation goals. Additional data intervals provide more accurate mathematical averages, as well as more precise timelines of flow rate changes. For example, utilities can observe if a change in usage during evening or dinner hours is sudden and abrupt or if it increases gradually.
Nearly all the features mentioned above—from leak detection to reduction goal setting—are key to ensuring that any utility can meet necessary conservation targets. In addition, the right SaaS should allow users to sort or filter by the largest demand endpoints and regions in order to target them for communication or other action.
Water conservation isn’t limited to drought-stricken areas. Many utilities are tasked with reducing water usage for a variety of reasons, including mitigating stress on distribution or wastewater infrastructure. Therefore, any SaaS should have conservation tools that are accessible and meaningful for users in any circumstance.
One major concern for many utilities is cybersecurity. As a web-based platform, any SaaS must show that its security features are on par with, or better than, a locally run software solution. For the most part, SaaS providers are highly motivated to ensure they are using the best available security protocols, as a breach could potentially impact any or all of their customers. Teaming with reliable cloud-server partners, such as Amazon Web Services, is one way of demonstrating this commitment.
Metering data solutions are important investments, so it’s critical that utilities ask the right questions when vetting possible providers. Finding a solution that is compatible with the existing technologies and features a comprehensive set of data management tools can help a utility reduce costs and achieve maintenance and conservation goals.
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