The global energy landscape is shifting significantly, with a notable rise in energy consumption driven by BRICS countries and a growing reliance on renewable sources such as solar and wind energy. This transition underscores the importance of efficient energy infrastructure, where smart meters play a crucial role. Smart meters provide numerous benefits including accurate billing, personalized tariffs, and enhanced grid management, while also presenting data management challenges like data interoperability, large-scale data handling, and privacy concerns. The adoption of smart meters is accelerating, with projections indicating near-total penetration in the US and Canada by 2027, and China dominating smart electricity meter demand in Asia. To address the data challenges, solutions like the Cedalo MQTT Platform and MongoDB are employed, offering features such as efficient data transmission and storage, robust security, and anomaly detection capabilities. These technologies enable power distribution companies to optimize their operations and make informed decisions, marking a significant step towards smarter, more sustainable energy solutions.