BRISBANE, Australia, July 7, 2015 /PRNewswire/ -- Osaki Electric subsidiary, EDMI has reached an historic agreement to provide software and related services to Active Stream, an Australian metering services business, which is a wholly owned subsidiary of AGL Energy Limited.
The break-through deal with Active Stream and EDMI's Australasian business confirms EDMI's position as one of Australasia's premier energy solutions partners.
Andrew Thomas, Executive Director - EDMI Australasia believes the partnership will deliver benefits to Australian consumers as the Australian market comes to terms with what he calls "the communification of energy".
"EDMI will be supplying a range of metering and cloud-based software solutions that will not only help address Active Stream's challenges today, but allow for significant advances into the future," said Mr Thomas.
"The EDMI solution combines a range of applications into a seamless and unified experience to allow Active Stream to offer differentiated solutions to customers," he said.
The five-year deal is the first major agreement signed in response to the Power of Choice regulatory changes in Australia. It cements EDMI's position as the market leader and builds on Active Stream's capabilities to offer digital solutions for energy analysis and management.
About EDMI Energy Cloud
The product of EDMI's decades of industry expertise, EDMI Energy Cloud combines a range of business and consumer applications to deliver a seamlessly unified experience.
As Australian Power of Choice regulatory changes drive more power to the consumer, energy service providers will be looking to the EDMI Energy Cloud as the logical choice to match and exceed the demands of a more active and knowledgeable customer base and to build and deliver value across their new and traditional energy business.
For more information about EDMI products and solutions, visit the EDMI website at http://www.edmi-meters.com
Osaki Electric was founded in 1916, and has been the leading company in the electricity meter market of Japan, which is undergoing a major evolution to deployments of smart grid. The company acquired EDMI in 2012 as part of their vision to become a leader in the global market. Osaki Electric's shares are listed in the 1st section of Tokyo Stock Exchange.
For more information, visit the Osaki website at http://www.osaki.com/
Communications Manager, EDMI Pty Ltd
SOURCE EDMI Limited