eMeter, A Siemens Business, has announced a new cloud-based software for their smart grid application platform EnergyIP.
The software is an ideal solution for utilities of all sizes needing to accommodate existing Automatic Meter Reading (AMR) systems and monthly reads while simultaneously embracing modern applications to advance customer engagement.
The new offering can be accessed from the cloud directly via Siemens or through strategic partners as a managed service with subscription-based pricing on a per meter, per month basis, so end users can benefit from increased capital efficiency along with the application flexibility they have come to expect with eMeter’s platform.
The eMeter EnergyIP platform provides real-time information and automation to integrate enterprise systems, drives management of the smart grid, and mines customer data for key customer trends around billing and energy usage.
The new cloud offering is especially beneficial to small and mid-size utilities as they will not need to buy or maintain the software and hardware for data storage, or hire IT experts to run the application, creating a low risk, high reward mechanism for entry.
The scalable solution provides management without sacrifice, taking advantage of the industry’s highly trusted and knowledgeable enterprise software and smart grid expert eMeter, along with the long-time grid expert parent company Siemens.
eMeter has a number of applications running on the EnergyIP platform allowing departmental or business units to ‘innovate first’ before expanding enterprise wide; ideally to sit side by side with any Meter Data Management (MDM), Advanced Metering Infrastructure (AMI), or consumer engagement solution.
For an end-to-end solution, the entire eMeter application platform can be cloud hosted. With as much ease, an individual application can be utilized in the cloud and interfaced with embedded third party and legacy on-premise systems.
By leveraging existing network infrastructure partners and new partnerships in the space, such as eMeter’s agreement with Verizon, the cloud solution aims to help utilities assess and prepare operations to meet the current and future challenges of operating an efficient grid.
Also read: Accenture and Siemens announce joint venture to deliver smart grid solutions