Among the multiplicity of functions that IoT-based devices perform, a crucial one is the online tracking of energy consumption. A pioneer in this arena, Radius Synergies’ AMR-based prepaid metering system is the best available system in the country today. Powered by Xenius, it is technologically the most advanced system with a host of unique features.
The market for Internet of Things (IoT)-based devices and sensors has been growing at a rapid pace. The IoT software makes it possible to transmit data from devices and sensors back to the consumer in real time. There are billions of I0T-based devices around the globe that are transferring data using the Internet. Unsurprisingly, the IoT market is expected to grow by almost 25 pc in the next five years.
Among the plethora of functions that involve the use of IoT-based software, tracking real-time consumption of electricity is the key one. Earlier, there was no transparency in the electricity billing process and consumers were made to pay whatever reading the electricity meter showed irrespective of it being right or wrong. With the advancements in technology, Artificial Intelligence (AI) and IoT, smart devices and sensors have been developed to track accurately the real-time consumption of electricity.
- There are billions of I0T-based devices around the globe that are transferring data using the Internet. Unsurprisingly, the IoT market is expected to grow by almost 25 pc in the next five years.
- Radius Synergies International was the first company in the country to start prepaid metering, back way back in 2003. The AMR-based prepaid metering system of Radius is powered by Xenius.
- Xenius prepaid meters are certified by the Bureau of Indian Standards, as required by the Ministry of Consumer Affairs, Food & Public Distribution.
- The Xenius platform has all the necessary compliances such as CERT-In, AWS (Amazon Web Services) and many more, to make sure that payments made online are safe and secure.
Radius Synergies International was the first company in the country to start prepaid metering, back way back in 2003. The Automatic Meter Reading (AMR)-based prepaid metering system of Radius is powered by Xenius. In the highly competitive electricity meter market in India as of now, Xenius is undoubtedly the best prepaid metering system. Technologically, it is light years ahead of its competitors. Some notable features of the Xenius metering system are given below:
- Xenius prepaid meters are certified by the Bureau of Indian Standards, as required by the Ministry of Consumer Affairs, Food & Public Distribution. The ministry mandates that energy meters should be BIS-certified to maintain the quality in standards and accuracy in measurement of energy consumption.
- As the collection of Common Area Maintenance (CAM) charges through electricity meters is illegal and a punishable offence, Xenius allows the builder to collect the CAM charges directly from the e-wallet through its mobile app. This is completely legal as no computation of CAM charges takes place in the electricity meter. The actual calculation takes place at the back-end system connected to the cloud (AWS).
- The Xenius platform has all the necessary compliances such as CERT-In (the Indian Computer Emergency Response Team), AWS (Amazon Web Services) and many more, to make sure that payments made online are safe and secure. This not only prevents leakage of any confidential data, such as debit or credit card details, but also prevents the system from being hacked.
- Xenius has its own mobile app to allow the consumers to track their energy consumption in real time. The Xenius app also allows them to recharge their electricity account from anywhere in the world, and that too, in real time. In other electricity meters, consumers have to physically generate and enter the coupon number in the electricity meter, which is a cumbersome process and, obviously, a huge disadvantage to the consumers.