Zug, Switzerland and Manchester, U.K. --- (METERING.COM) --- June 24, 2008 – Generis, a U.K.-based provider of industry meter and meter data management, has announced that it will join the Landis+Gyr family of businesses, providing customers with an end-to-end energy measurement and management solution.
Landis+Gyr, one of the largest smart metering companies in the world, will now partner with Generis to offer electric and gas utilities the ability to communicate with their customers directly by providing a solution which reaches from the in-home display in the consumer’s home to the utility’s billing system. This will facilitate accurate billing and in the process resolve millions of pounds worth of billing errors – a constant source of customer complaints and lost revenue.
Generis will continue to operate under its own leadership and will market its suite of high-performance applications under its existing B-Smart brand. The company has more than 30 million endpoints under contract and currently allows utilities to communicate with both non-smart metering and smart metering devices. It expects the agreement to help it build on this position and to establish itself as the leading provider to global utility organisations.
Jonathan Elmer, Executive Vice President for the UK and Prepayment, said: “We are delighted to be able to announce this important step. Generis is an extremely impressive business with an unparalleled understanding of the software that allows utilities to manage and interpret the information that they receive from their customers. Partnering with them will help us to resolve one of the biggest problems faced by the utility industry by providing companies with real time information which will allow them to accurately track energy usage.”
Mark Royle, Managing Director of Generis, added: “Landis+Gyr is the market leader in the smart meter sector with a global reach far beyond any of its competitors, so this is an important move for our business. It will help us to strengthen our position, making us far more attractive to the top tier of global utility companies. Together we will be able to offer an end-to-end solution which helps both utilities and individual people to manage their energy better.”
Andrew Bailey, co-founder of Generis, has stepped down from his position as CEO of the company, and will instead act as a special strategic advisor to Generis and Landis+Gyr. Mark Royle continues in his role of managing director and will lead the company into the new smart meter era.