Gary Bloom,
President & CEO,
eMeter
 
Basking Ridge, NJ, U.S.A. --- (METERING.COM) --- February 3, 2011 - Verizon and eMeter are teaming to develop and deliver a cloud-based meter data management offering that will meet the needs of utilities for advanced smart grid solutions with built in security, reliability and new capabilities.

The new service, expected to be available in the spring, will deliver eMeter’s meter data management software to utilities as a managed service in a scalable cloud-based environment via Verizon’s IP network.

The collaboration will enable an innovative meter data management solution that can address the potential for new business applications, enhanced billing capabilities and faster customer response. Since the new service will be cloud-based, utilities will be able to pay for it on a per-user basis, without the need for large capital investment.

“Advancing industry specific solutions is a key component of Verizon’s ‘everything-as-a-service’ strategy,” said Rilck Noel, managing director for Verizon’s Global Energy & Utilities practice.

“eMeter is proud to work with Verizon Business to make our meter data management capabilities more readily accessible to utilities via the cloud,” added CEO and president Gary Bloom. “This cloud-based meter data management solution will help utilities meet the next generation of energy management needs for both businesses and consumers.”