Paris, France --- (METERIMG.COM) --- March 23, 2010 - Smart Energy Services, a new global service line that will provide the full spectrum of smart metering, smart grid, smart home solutions and smart analytics to utilities across the globe, has been launched by Capgemini.

The offering leverages a range of proven services and best practices successfully developed by Capgemini since 2004 working with more than 20 North American and European utilities, the company said in a statement. Also central to the new service line is the company’s proprietary Managed Business Services, a usage-based pricing model designed to offer greater flexibility for the utility, which reduces risk by minimizing large upfront capital expenditure.  

“Over the past few years, increasing commitment to smart grid technology from all corners of the industry means the growth of the market is inevitable, however we will see an overhaul in the way utilities do business,” said Perry Stoneman, vice president and global leader of Capgemini’s Smart Energy Services team. “In order to reduce the risk associated with this change, key players are looking for a partner who can deliver solutions to address today’s business requirements and enable tomorrow’s business transformation. Capgemini’s expertise and heritage in this space make us a partner of choice for many utilities.”

The creation of Smart Energy Services represents the last stage of Capgemini’s major growth initiative, which was launched with a major investment in the Group’s Business Information Management capability, followed by the announcements of new global Application Lifecycle Services, integrated Testing Services and Infostructure Transformation Services. Through this series of five strategic offerings, Capgemini aims to generate €800 million of additional bookings in 2010.