Malaysia's TNB and Trilliant to drive smart utility communications solutions

Malaysia's TNB and Trilliant to drive smart utility communications solutions

Under the partnership, the two companies will jointly develop a go-to market
strategy to drive innovation and deliver transformative smart communications
solutions to utilities across Asia Pacific and other select regions.

According to a release, the partnership builds on a Memorandum of
Understanding (MOU) signed in 2014. Trilliant will "transfer valuable
know-how to TNB, enabling them to deploy and support the advanced smart
communications network."

Furthermore, the firms will jointly develop new solutions and ultimately
deploy advanced smart grid and smart city solutions to customers
internationally. This will support TNB's expansion goals and enhance its
leading position in the smart grid areas.

"This alliance is an example of the efforts we are taking towards realizing
our long term strategy," said Datuk Seri Azman Mohd, president and chief
executive officer at Tenaga Nasional Berhad.

In a joint statement, TNB and Trilliant, said: "This strategic alliance
facilitates the development of innovative smart grid and AMI applications
and services that can be deployed to customers locally and internationally."

Electricity consumption to grow by 80%

Currently the per capita use of electricity in Southeast Asia is half the
global average, but with rapidly increasing population and GDP growth,
energy consumption is projected to increase by 80% over the next two
decades. This is driving energy providers to invest in solutions to increase
efficiency to control costs and provide improved service for the consumers.

"The alliance fundamentally changes the business model of utilities working
with technology companies to bring combined experience back into the local
economy," added Trilliant chairman and CEO Andrew White. "Through the
partnership, utilities across the region will benefit from TNB's leadership
and investment in innovation to gain access to technology to meet the energy
needs of a rapidly expanding economy."

TNB's nationwide smart meter deployment, announced in 2016, will ultimately
be one of the largest of its kind in the region. The meter deployment is
currently underway in the state of Melaka (formerly known as Malacca) and
this will be expanded to cover all of the company's customers, currently
totaling 9.2 million, growing at nearly 4% a year. A March 2017 Brand
Finance report ranked TNB #24 (and the fastest growing) in its Global Top 50
Utility Brands. It is also currently the 18th largest utility (in term of
market value) in the world. TNB has been very active in diversifying its
portfolio, announcing multiple investments across the globe in recent
months.

--- --- --- --- --- --- --- --- --- --- --- --- --- --- ---

Link to Original Article:
https://www.metering.com/news/malaysia-tnb-trilliant/

--- --- --- --- --- --- --- --- --- --- --- --- --- --- ---

John Diecker
APT Consulting Group Co., Ltd.

www.aptthailand.com