FOSTER CITY, Calif., Oct. 24, 2013 /PRNewswire/ -- eMeter, A Siemens Business today announced the availability of EnergyIP® Analytics in the cloud. eMeter Cloud Analytics will provide power and water utilities immediate access to actionable dashboards that reduces the costs and empowers utilities to advance operational excellence with a data driven approach.
Utilities no longer need to postpone the installation of analytics, thereby realizing immediate business benefits without large up-front investments. Utilities can overcome a lack of trained personnel and supporting hardware, which are the two major investment components needed for utilities to use enhanced data analytics. eMeter Cloud Analytics provides utilities of all sizes a solution for data analytics without purchasing hardware and software licenses, hiring additional IT team members, and adding application support staff.
"Our Cloud Analytics offering allows customers to become more efficient and enables them to quickly respond to business needs," said Krishan Gupta, Director of Product Management, eMeter. "By providing access to secure data analytics through the cloud, we are empowering utilities to make informed business decisions and prepare for future growth."
This cloud-based offering increases customers' flexibility and scalability to handle peak computing and storage needs. By providing a view of the entire network through data analytics, distributors can decrease inefficiencies and prevent costly outages. Data is stored in the cloud and maintained by eMeter, while analysts at the utility have the ability to run analysis for a variety of business use cases such as Advanced Metering Infrastructure (AMI) health, equipment load management, outage analysis, event analysis, revenue protection and load monitoring. By giving customers access to data related to their power and water use, utilities can engage with their customers and educate them on consumption, helping reduce demand and hit regulatory targets.
Utilities will also have access to eMeter and Siemens experts to solve their most complex analytics questions. In addition, utilities can leverage the value of existing assets which helps them to better manage demand. The offering is available as an add-on application for current or potential customers regardless of the AMI or Meter Data Management (MDM) system they use.
eMeter has proven experience working with regulators and IT staff in the smart grid environment. eMeter Cloud Analytics combines eMeter's analytics product expertise and Siemens' power system knowledge to solve utilities most difficult analytics challenges.
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.