The Challenge
Ageing metering infrastructure relies on manual reads that are expensive, infrequent and error-prone. Leaks go undetected for weeks. Billing disputes consume resources. Without real-time data, planning and demand management are guesswork.
Governments are accelerating the shift to smart metering through mandates and subsidies — from South Korea’s water modernisation programme to the UAE’s requirement for piped gas monitoring in all new buildings, and India’s programme to roll out 250 million smart electricity meters. The question is no longer whether to digitise, but how quickly you can move.
Solution Overview
X2M’s Vision by X2M platform provides remote smart metering capability for legacy and integrated modern devices. Adding data loggers to existing water, gas and electricity meters or connecting with meters with integrated communications, Vision by X2M delivers two-way data without requiring full infrastructure replacement.
The platform aggregates data from across your network into a single view: remote monitoring, automated alerting and human-free control. Fewer truck rolls, faster leak detection, accurate billing and the data you need to plan capital works.
Vision is hardware-agnostic and protocol-flexible, supporting LoRaWAN, NB-IoT, 3G/4G/5G and other communications standards. You can deploy across diverse environments, from underground water pits to high-rise gas installations, without being locked into a single vendor.
Deployment Examples
South Korea | Water Monitoring at Scale
X2M is a market leader in water digitisation across South Korea, current customers’ addressable markets cover 64% of the remote water monitoring market. The platform monitors 240,000+ households across 47 municipalities. It reads water meters installed in underground pits remotely, reducing water losses (non-revenue water) and giving municipalities the data for demand planning and leak management.
Japan | Gas and Water via Azbil Kimmon
Through its partnership with Azbil Kimmon, X2M is expanding into Japan’s 60-million-meter water monitoring market, representing approximately $100 million per annum in recurring software revenue potential. The same partnership supports gas bottle logistics management — a high-margin recurring software business that is already profitable.
UAE | Smart Gas Metering
In the UAE, X2M’s technology is licensed to Dicode Smart Connect Electronics for digital gas meters with integrated LoRaWAN communications. With government mandates requiring piped gas in all new buildings and smart metering penetration at just 7%, the growth opportunity is significant. Dicode is planning on expanding beyond Dubai into additional Emirates leveraging X2M’s low-capital, software-driven deployment model.
Dicode Smart Connect Electronics has multiple commercial customers and many undergoing trials including gas companies and real estate construction companies and uses LoRaWAN communications under a “Metering-as-a-Service” (Capex-to-Opex) model. Dicode Smart Connect Electronics has committed to using Vision by X2M for a minimum of 10 years, with X2M expecting approximately A$0.4M EBITDA per annum per 100,000 devices installed in the Middle East.
India | Electricity Metering
India’s government programme targets the rollout of 250 million monitored smart electricity meters — the largest smart metering initiative in the world. X2M is positioned in this market through working with a major Indian conglomerate.
Smart Meter Hardware Supply
X2M is also making available water and gas meters with integrated communications capability. These products will connect to the Vision by X2M platform and will currently be available in Australia and South Korea markets.
Compatible Products
Ready to modernise your metering infrastructure?
Talk to our AMI team about digitising your water, gas or electricity network.
