Texas Instruments shows off new products at Metering Europe event
Texas Instruments is one of the several technology companies attending this year’s Metering Europe event in Amsterdam. The annual event has become a place where firms and technology developers can show off their latest creations and how these products can be used for metering projects concerning energy and the consumption of other resources. Like others presenting at the event, Texas Instruments has set its sights on NFC technology and how it can be used in smart meters to reduce the cost of meter systems.
NFC-enabled system can be integrated into existing networks
Texas Instruments is showing off two products it has developed at the event. The first is a smart meter system-on-chip that is designed to introduce more simplicity to smart meter systems. The company has gone to great lengths to design the technology so that it can be easily integrated into existing meter systems. It is equipped with NFC technology, allowing the system to transmit data wirelessly and communicate with other NFC-enabled platforms.
NFC smart meter can efficiently monitor energy consumption
The second product on display by Texas Instruments is called the Smart Meter Board. This is a scalable, modular smart meter system that incorporates a plethora of communication protocols. It is designed for use with an existing smart energy grid, allowing for various forms of metering of consumption and usage. This product is also equipped with NFC technology. Because the meter is used to monitor the use of electricity, consumers with NFC-enabled mobile devices can use the platform to make payments for the energy they use by simply waving their device near the meter.
Smart meters may have promising future ahead of them
The world is growing more interested in clean energy. Part of this interest calls for the adoption of practiced energy efficiency. Smart meters are able to efficiently monitor the use of electricity and help people make adjustments in their consumption habits to cut back on wasteful usage. Texas Instruments is one among many companies that believes smart meters have a strong future in the realm of clean technology.
Isis platform prepares for launch this month
There is a lot of attention surrounding mobile commerce and the various platforms that are becoming available to consumers, allowing them to participate in the burgeoning industry. Consumers have proven themselves to be keenly interested in the concept of using their mobile devices to make payments for goods and services, thus boosting the demand for mobile commerce platforms. Google has already launched its own platform, successfully attracting consumers from around the world. The company will soon face its most significant competition in the industry, however, as the Isis platform prepares for launch later this month.
Challenges facing platform may have been overcome
Isis is a mobile commerce platform and joint venture from AT&T, T-Mobile, and Verizon Wireless. The platform is much like other of its kind; it is able to facilitate mobile transactions using NFC technology. Unlike other platforms, however, Isis has managed to acquire the support of most of the world’s major credit and financial institutions. Despite this support, the launch of Isis has been delayed several times in the past, largely due to concerns regarding security and the viability of the features it offers.
October 22 marks beginning of aggressive promotional campaign
Isis is currently conducting trials of its platform in New Jersey and international markets, and believes that the time is quickly approaching for an official launch. As such, Isis has announced that it will launch to the commercial market on October 22 of this year. That day will mark the beginning of a near-month long promotional campaign in which consumers can purchase certain NFC-enabled mobile devices at a significant discount and receive a Visa pre-paid card that will be used with the platform.
Isis may be able to beat out Google in mobile commerce industry
Isis is poised to be the most significant competition that Google and other companies invested in mobile commerce will face. Backed by the support of a multitude of financial and credit organizations, the platform has already established a strong attraction with consumers. Moreover, Isis has been working hard over the past several months to educate consumers on how to use the platform to conduct mobile payments, something that other companies have not done.
