Business and Finance
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(Logo: http://www.newscom.com/cgi-bin/prnh/20070904/SIEMENSLOGO )
Leveraging the strengths of both Siemens and eMeter, EnergyIP(TM) is poised to become the global standard in meter data management (MDM) software and a cornerstone for the Smart Grid. Siemens and eMeter will enable the integration of MDM with existing utility systems through strong partnering programs with providers of AMI technology and system integration services.
Siemens selected eMeter for its market leadership in MDM based on the architectural superiority of EnergyIP(TM) and its independently certified performance. EnergyIP(TM) offers sustainable competitive advantages in functionality, flexibility, scalability, open architecture, and total life-cycle cost of ownership.
"For successful utilities' long-term AMI and MDM strategies, it is
essential to have an open, technology-neutral and independent MDM system, such
as that offered by eMeter's EnergyIP(TM)," said
eMeter elected to partner with Siemens for its unsurpassed global capabilities in utility software sales, delivery, and support; its expertise and array of products and services for Smart Grids; and global experience working with existing eMeter partners, including system integrators and AMI technology companies.
"Through this joint development and supply agreement, eMeter will extend the capabilities of EnergyIP(TM) and complement this with Siemens' global sales and project execution," said Cree Edwards, CEO, eMeter. "Our relationship will leverage Siemens' global sales organization operating in 190 countries and Siemens' strengths in Smart Grid products and services to make EnergyIP(TM) the global MDM standard and a foundation for grid automation."
About Siemens
Siemens Power Transmission & Distribution, Inc., headquartered in
Siemens AG (NYSE: SI) is a global powerhouse in electronics and electrical
engineering, and operates in the industry, energy and healthcare sectors.
Over 160 years, Siemens has built a reputation for leading edge innovation and
the quality of its products, systems and solutions. In fiscal year 2007,
Siemens reported worldwide sales of
About eMeter Corporation
Since 1999, eMeter Corporation of San Mateo, California, has provided software that enables electric, gas, and water utilities to realize the full benefits of their Advanced Metering and Smart Grid initiatives. EnergyIP, eMeter's premier software platform, is an Meter Data Management System with three major elements: 1) a Meter Data Management 2) an Integration Platform for linking a variety of meter data collection systems to a variety of utility information systems, and 3) Business Process Management Tools specializing in advanced metering implementation, operations, and maintenance. eMeters EnergyIP software and team of experts provides the most robust open service-oriented architecture, real-time data validation, vendor neutral MDM system, with proven scalability to millions of meters. For more visit www.emeter.com.
SOURCE Siemens Power Transmission & Distribution, Inc.
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