eMeter, A Siemens Business, has announced a new cloud-based offering for its flagship smart grid application platform EnergyIP. eMeter's software is a suitable solution not only for small to mid-size utilities, but for thousands of utilities around the globe needing to accommodate existing Automatic Meter Reading 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, allowing end users to benefit from increased capital efficiency along with application flexibility.
The new offering is 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.
With the eMeter cloud offering, utilities have the inherent flexibility of mapping specific business drivers to applications on the platform which address those use cases. 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. The eMeter Smart Grid partner ecosystem provides utilities with smart grid solutions based on industry standards, improving the integration process and lowering costs.
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.