On Friday, European Parliamentarian and vice-chairman of the delegation for relations with Japan, Romana Tomc, visited cyberGRID in Slovenia, to assess the company’s involvement in R&D projects funded by the European Commission and discuss opinions on collaboration with Japan.
Mrs Tomc believes that “an innovative approach and forward thinking solutions are already contributing to more efficient management of energy resources and improvement of grid stability while reducing energy consumption and carbon footprint.”
She spoke further about the benefits of “fruitful collaboration between European and Japanese companies which brings many synergies and is increasing social well fare on both sides.”
Caption: Seen during the visit to cyberGrid are: Boris Turha, Elektro Ljubljana; Romana Tomc, MEP; Peter Nemček, VP R&D, cyberGRID; Marko Svetina, managing director, cyberGRID; Reinhard Korsitzke, CEO; cyberGRID and Kenji Irisawa, Co-CEO, cyberGRID.
East Asia to take bigger slice of M2M market by 2019
In East Asian news, it has been reported that China, Japan and South Korea will account for 22% of global cellular M2M connetions by 2019.
According to Juniper Research, China’s major operators will drive the increase in connected devices in China, particularly smart metering and connected cars. However the research would indicate that traditional M2M markets in North America and western Europe will retain majority market share.
China’s State Grid Corporation plans on spending $68.7 billion on smart grid technology in 2015, thereby aiding the increase in connected devices in this market.
Juniper Research forecasts that the global M2M sector will generate service revenues of over $40 billion by 2019.