ELI5: Explain Like I'm 5

Meter data management

Okay kiddo, let me tell you all about meter data management. You know those little machines on the side of your house that measure how much water and electricity you use? Those are called meters. And they send information about how much you're using to the company that provides you with water and electricity.

But what happens to all that information? That's where meter data management comes in. Meter data management is like a big computer program that collects and stores all the information from those meters. It's kind of like a toy box where all the information goes.

The people who work at the company that provides you with water and electricity use this information to make sure they can give you enough water and electricity. They also use it to help you save money on your bills. For example, if the meter data management program sees that you're using a lot of water, it might help the company figure out how to fix a leaky faucet or help you figure out how to use less water.

So, meter data management is like a big toy box that stores all the information about how much water and electricity you use. And it helps the people in charge of giving you water and electricity make sure they can provide you with enough and help you save money.