REDWOOD CITY, Calif. and SAO PAULO, Brazil, Aug. 21, 2012 /PRNewswire/ -- Trilliant, a global smart grid communications leader in delivering solutions that enhance energy efficiency, utility operations and renewable resource integration, and ELO Sistemas Eletronicos, a leading metering technology provider based in Brazil, today announced a strategic partnership that provides both companies the ability to package the Trilliant Communications Platform with ELO's metering expertise to deliver smarter energy to utilities, businesses and consumers in Latin America.
"This collaboration will enable ELO to provide to its customers a fully transparent Smart Grid and Smart Meter solution based on TCP / IP concepts, ensuring total interoperability of technology," said Marcos Rizzo, Vice President of Business Development for ELO Sistemas Eletrônicos. "Combining Trilliant's decades of communication expertise with our metering intelligence will help deliver smarter energy across Brazil and Latin America." Latin America has enjoyed strong growth over the past decade and the International Monetary Fund predicts this progress will continue. With the region's prosperity, energy demand has climbed sharply. Energy use in Brazil has increased by close to one-third in the last decade. To ensure the region's power producers are able to continue meeting growing demands, a modern approach to energy delivery is needed.
This partnership permits ELO to sell and deploy smart meters compatible with Trilliant's Platform, allowing ELO to respond quickly to a wide range of utility customers' communication needs. The Trilliant Platform, proven at leading utilities worldwide, offers utilities and energy retailers the widest range of options and flexibility to solve any smart grid business need. The platform is specifically tailored to a business' particular goals, regulatory model, and service territory. Additionally, Trilliant can sell ELO's electric meters to customers across Latin America and throughout the world. This integrated metering technology is expected to be available in late 2012.
"This partnership with ELO, Latin America's leading metering technology provider, is a key step in Trilliant's continued global growth," said Walter Lowes, Trilliant's managing director for the Americas. "Building on our current work in the region, this partnership with ELO is indicative of the significant opportunity that utilities in Latin America have to encourage continued economic growth by utilizing modern technology to provide power in smarter and more efficient ways."
Trilliant helps leading utilities and energy retailers achieve their smart grid visions through the Trilliant Communications Platform, the only communications platform purpose-built for the energy industry that integrates disparate systems of systems into a unified whole. The Trilliant Platform helps utilities and energy retailers enhance energy efficiency, improve grid reliability, lower operating costs, integrate renewable energy resources and electric vehicles, and empower consumers to better manage their energy consumption. Trilliant has worked with more than 200 leading global utilities and energy retailers, including Centrica, Iberdrola USA, and Hydro One Networks and is backed by prominent investors such as ABB, GE, Investor Growth Capital, MissionPoint Capital Partners, UMC Capital, VantagePoint Capital Partners and zouk ventures. For more information, visit www.trilliantinc.com.
About ELO Sistemas Eletrônicos
Founded in 1980, ELO Sistemas Eletronicos is a leading metering provider for the Latin America market. With offices in Brazil and Chile, ELO is recognized as a key supplier of quality electronic equipment and systems to the Brazilian and Latin American electricity supply market. ELO provides integrated product and system packages to utilities to automate processes, such as the collection and treatment of metering data. ELO is a recognized leader and innovator in the Brazilian energy market. More information about ELO can be found at http://www.elonet.com.br