WALLDORF, Germany, Oct. 10, 2016 /PRNewswire/ -- SAP SE (NYSE: SAP) today announced that Itron Inc., a technology and services company dedicated to the resourceful use of energy and water, has selected the SAP HANA® platform to extend the value of its Active Grid solutions. By running its meter data management solution on SAP's digital core, Itron will help utilities drive operational efficiency and customer engagement, enabling them to achieve success at remarkable speed and scale. The announcement was made at the ninth annual SAP for Utilities conference, being held October 9–12 in Huntington Beach, California.
Itron's customers will have real-time access to collected data with SAP HANA, allowing utilities quicker and more efficient insights into their systems. Rich data stemming from Itron's industry solutions on SAP HANA will help utilities improve consumer engagement, create new rates and tariffs, and enhance revenue protection as well as grid awareness.
"SAP HANA provides Itron with a digital core on which to run our solutions that is capable of processing data quickly and empowers our customers to run their businesses with the speed and agility the current utilities landscape requires," said Bruce Douglas, Itron senior vice president and general manager of software and service.
"Today, utilities need to be more efficient and adaptable than ever to keep up with new regulatory mandates, a growing consumer population, evolving business models and an influx of data from the Internet of Things, among other pervasive industry trends," said Lloyd Adams, national vice president of utilities, SAP. "With Itron's leading meter data management solution running on SAP HANA, utility companies can run their businesses more efficiently to deliver world-class customer service, simplify their operations and transform into truly live businesses that can adapt quickly to ever-changing market conditions and demands."
SAP remains focused on addressing the specialized needs of each industry and company. The company's historical strength in end-to-end, customer-centric and industry-based approaches is core to its strategy. SAP works closely with customers and partners to co-innovate, create new features and take lessons learned from one industry to another. It's this unique, cross-industry expertise that makes SAP the partner of choice for global companies like Itron. With the expertise of SAP and the data from Itron, customer perceptions of utilities will transform from providers of energy and water to value-added partners in the resourceful use of electricity, gas and water around the globe.
The SAP for Utilities conference offers customers, partners and prospects opportunities to engage in dialog with utility, state and local peers and thought leaders from around the globe. Follow the event on Twitter at #SAP4UTL.
Steve Collins, SAP, +1 (617) 335-5456, firstname.lastname@example.org, ET
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SOURCE SAP SE