As an alternative to conventional utility (energy, water, gas) meters, IoT technology can help to reduce consumption and increase efficiency. Molukas’ solution involves data transfer using Lorawan’s networks, electronics and software. It is one of the trending technologies that can revolutionise our lives.

A smart meter is a digital device for the transmission and instant storage of consumption data. This permits immediate corrective action when over or under supply affects system operation. Data collected from smart meters is stored and used to create a system that can efficiently deliver supply and optimise consumption.

The smart metering solution uses technology to collect data from various devices such as meters, switches, transformers, and other equipment. These are connected to a wireless network using the Lorawan (IoT) protocol. The collected data is then transmitted to a platform. The platform acts as a smart metering data storage facility with real-time processing capabilities. It can also run behavioral analysis on transmitted data, such as calculating consumer usage patterns.