Siemens: Whirling Utility Data Into Profit

eMeter, A Siemens Business, founded in 1999 and headquartered in Foster City, CA, offers data-driven and future-looking solutions. eMeter’s flexible and scalable platform turns data into actionable insights, helping energy and water companies seize control of consumption grid data to make the most of energy efficiency and renovate their networks for the upcoming years. It provides essential software that helps electric; gas and water utilities understand the full benefits of this data to plan and execute on their smart grid vision to reduce operational costs, improved customer service, and opportunities for new business models.

In January 2012, Siemens added eMeter Corporation to the Smart Grid division of its Infrastructure & Cities sector, creating eMeter, A Siemens Business. eMeter and Siemens’ dedication to investments in innovative products and competitive solutions, provides end-to-end Smart Grid solutions with industry-leading cutting-edge and scalability. The firms’ key products include flagship smart grid integration platform, EnergyIP, which manages real-time information and automation to link new and existing applications with enterprise systems, enabling effective management. EnergyIP offers critical information and process automation across all functional areas of a utility company. With access to all such data, utilities companies can improve customer satisfaction, reduce distribution cost, and collaborate with consumers and businesses to drive savings and efficiency for all. eMeter's suite of applications give the fastest path to turn meter data into actionable information for business units and clients. The company equips the utilities to move quickly with minimal risk to the enterprise systems and reputation.

Demand Response is regarded as one of the smart grid’s budding game changer applications for utilities, grid operators, and power generators. “Our software solutions enable utilities to extend the value of demand response from the transmission level to the distribution level, resulting in lower operational and maintenance costs, and greater power reliability for utility customers,” says Aaron DeYonker, VicePresident of Products, eMeter.


The right application mix provides flexibility to address business needs


More broadly, eMeter is expanding Energy IP as a development platform, adding fresh analytics offerings, and introducing a cloud option in its suite of solutions. These solutions provide immediate access to energy and water usage and other data without having to make a large investment in underlying software and hardware. The cloud solution uses a new subscription-based pricing model, offering services on a per meter per month basis, which opens the door to small and mid-sized utilities as well as consortiums as Energy IP is a highly proven multiple organizational platform available in today’s market.

“In our testing, we achieved a sustained meter read processing of over 400 million intervals per hour, completing processing in under six hours, exceeding the daily handling criteria to scale to 50 million meters while utilizing under 60 percent of Oracle Exadata resources,” said Lisa Caswell, President.

The firm has a reputation for innovation, unparalleled experience, and domain expertise in the energy industry with customers who range from large investor-owned utilities to smaller municipalities.

eMeter will continue to supply solutions to allow their expanding customer base to be innovative data driven organizations. Helping businesses balance the increasing demands of data management with the need for adaptability and response. The company is conquering new heights with its traditional on-premise and new cloud based solutions to utility customers across the global smart grid initiatives. eMeter is taking advantage of a strong globalcustomer base and Siemens subject matter knowledge moving into its innovation phase to puzzle out new business problems, break down silos, and link OT and IT.

Company
Siemens

Description
Helps utilities companies realize the full benefits of Smart Grid including reduced operational costs, improved customer service, and energy efficiency