Siemens big data software company eMeter has received industry recognition for its meter data management service among other big players such as Itron, Landis+Gyr and Oracle Utilities.
eMeter, the Silicon Valley company acquired by Siemens in 2011 to compliment the solution giant's smart grid offering, was named in the 'leaders' quadrant of the Magic Quadrant for Meter Data Management Products 2014.
The report, published by US-based IT research company Gartner in December 2014, has name checked eMeter for the second consecutive year and positions the company furthest on its Completeness of Vision axis.
Meter data management - the leaders
The Gartner Magic Quadrant provides a graphical competitive positioning of four types of technology providers in fast-growing markets: Leaders, Visionaries, Niche Players and Challengers.
The definition of 'leaders' in the report is that companies that "pair advanced technology with broad offerings, rich functionality and the capability to configure their solution to different needs, as well as to offer their solution both on premises and in the cloud".
Thirteen companies, including Itron, Landis+Gyr and Oracle Utilities, are also assessed on their 'ability to execute', covering aspects such as products and services, overall viability, market responsiveness and track record, marketing execution, and customer experience.
Mike Carlson, global CEO at eMeter, said: “eMeter is thrilled to be recognized by Gartner as a leader in the Meter Data Management industry.
“We believe our experience and capability in large data management and meter data management products ultimately allows us to deliver large data analytics across the utility.”
Growth of utility data software
The Gartner reports states that eMeter's MDM product is used by 46 utilities in production (with more than 23 million meters under contract).
Out of a cumulative total of more than 9 million meter points in production, 76% are interval meters. The largest installation site is a Canadian company with 4.5 million hourly meters.
EnergyIP Analytics launched as a cloud service in October 2013 as eMeter Cloud Analytics to provide power and water utilities immediate access to actionable dashboards to realize business benefits without large up-front investments.
eMeter also runs an alliance program to collectively develop and sell integrated smart grid software solutions.
(Pic credit: Gartner)