Amazon Web Services (AWS) has inked a deal with the New Zealand-located energy company Vector to jointly develop a New Energy Platform (NEP).
Powered by AWS, the NEP is an Internet of Things (IoT) and analytics solution for the energy industry. The NEP will help Vector deliver advanced meter processing from 5 to 30 minute intervals in Australia by 2021.
“The insights collected by the NEP will help Vector enable energy and utility companies to develop tailored product and pricing solutions for their customers based on their energy consumption habits,” the companies said in a statement.