It comes as no surprise that the UK is on track to miss its revised smart meter schedule, and in the same week that this setback has been announced, Navigant has predicted that smart meter penetration is going to reach 59% in 2028, up from some 41.2% today. This begs the question, one that could be quite uncomfortable for some in this sector – do we actually need all these smart meters? This is a problem that crops up quite frequently in IoT use cases. There is a very sharp case of diminishing returns that appears once you’ve passed a certain threshold of IoT stuff. At some point, throwing more sensors at the problem doesn’t improve the outcome, and we…