eMeter, A Siemens Business Expands Offering Through the Cloud

-- EnergyIP® Smart Grid Application Platform Brings Flexibility and Time to Value to Forward Thinking Utilities

FOSTER CITY, California, Oct. 23, 2013 /PRNewswire/ -- eMeter, A Siemens Business today announced a new cloud-based offering for their flagship smart grid application platform EnergyIP®. eMeter's software is an ideal solution not only for small to mid-size utilities, but for thousands of utilities around the globe needing to accommodate existing Automatic Meter Reading (AMR) 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 the application flexibility they have come to expect with eMeter's platform.

"Our new offering makes it easy for anyone to take advantage of being application ready," said Larsh Johnson, CTO, eMeter. "By utilizing the nimble yet scalable EnergyIP® offering, as well as the expertise of a grid giant like Siemens, we are aggressively pricing our offering for customers of all sizes and types to utilize the best of the best."

The new offering is especially 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, taking advantage of the industry's highly trusted and knowledgeable enterprise software and smart grid expert eMeter, along with the long-time grid expert parent company Siemens.

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 best-in-class 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. This year, the platform was recognized by industry analyst firm Gartner as a "Visionary" in its "Magic Quadrant for Meter Data Management (MDM) Products" for the second year in succession.

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.