-- EnergyIP Adds Equipment Load Management (ELM) and Grid Data Vault (GDV) Applications to Empower Utilities to Reduce Risk While Hitting Efficiency and Regulatory Targets
FOSTER CITY, California, Oct. 15, 2013 /PRNewswire/ -- eMeter, A Siemens Business today launched the newest applications, Equipment Load Management (ELM) and Grid Data Vault (GDV), which are both available on its flagship EnergyIP® grid application platform. An application centric approach makes it easier and faster for utilities to use energy consumption data to address business needs and specifically in Europe to hit 2020 renewable energy targets.
Advanced metering at full scale is essential to utilities as they realign their business processes to hit mandatory renewable energy targets. Utilities worldwide need to act swiftly and decisively with their enterprise framework to adhere to regulatory demands and position themselves for future growth. EnergyIP is a proven and mature platform that enables utilities to scale from 10k to 50 million meters and capture meter data that can be acted on, reducing business risk and giving the flexibility to respond to changing regulation via rules based configuration tools.
EnergyIP has a proven history of addressing ease of deployment to help utilities manage consumption data and supports a wide range of other applications, from settlements, asset optimization, demand response, and customer engagement. The latest in the EnergyIP application suite, Equipment Load Management (ELM) provides insights into transformers, preventing outages and accidents thereby increasing customer satisfaction although not limited to transformers.
Grid Data Vault (GDV) offers best-in-class data archiving software designed to help utilities cost-effectively manage data growth while enabling data accessibility reducing costs and meeting archiving regulations. Siemens continues to expand on its existing suite of applications seamlessly supported on the EnergyIP smart grid platform.
By lowering the overall cost to scale up, utilities can add more meters or applications to meet their business needs. The business advantages provided by deploying state-of-the-art applications on a proven platform are tangible for both the top and bottom line. EnergyIP supports a high volume of data processing, making it a faster, easier and more flexible platform with advance applications to address unique areas of operational needs while lowering overall total cost of ownership.
"Providing a rich set of applications on top of a proven platform is the best way for Siemens to help utilities manage complex business demands," said Aaron DeYonker, Vice President of Products, eMeter, A Siemens Business. "The right application mix provides flexibility to address business needs that often vary from utility to utility. For some utilities, customer engagement is a priority while others need tools for managing overall grid health."
EnergyIP is core to the Siemens' vision for the future of the smart grid applications. For more information on the latest advancements in EnergyIP, see http://bit.ly/energyip8.
eMeter, A Siemens Business has a proven customer record and has already successfully processed data from more than five million meters at 15 minute intervals in two hours. The company has contracts with around 50 utilities with a combined total of approximately 50 million meters.
About eMeter, A Siemens Business
eMeter, A Siemens Business provides essential software that enables electric, gas and water utilities to realize the full benefits of Smart Grid. Leading utilities worldwide depend on eMeter Smart Grid management software to reduce operational costs, improve customer service, and drive energy efficiency. With the most large-scale deployments in the industry and strategic partnerships with Accenture, IBM, Oracle, and SAP, eMeter has built a reputation for unparalleled expertise that ensures customer success. For more information visit: www.emeter.com.
Siemens Smart Grid acquired eMeter in January 2012 after working together in a very successful, strategic partnership for several years. eMeter, A Siemens Business is one of Siemens' Smart Grid strategic cornerstones and acts as the Software powerhouse being responsible end-to-end for the Siemens Grid Application Platform.