ZUG, Switzerland, April 23, 2015 /PRNewswire/ -- Landis+Gyr, a global leader in energy management solutions, has been recognized as one of the 20 most innovative firms working to build the grid of the future. The company was named to Greentech Media's Grid Edge 20 for its contribution to grid edge technology.
"The electric distribution grid is in the process of undergoing rapid change and needed modernization. Landis+Gyr is proud to be part of this important transition, as we support our utility customers and partners around the world in meeting the challenges of maintaining an efficient, reliable and adaptive grid, while managing changing business models and renewable energy integration," said Andreas Umbach, President and CEO of Landis+Gyr.
Greentech Media leveraged ongoing interaction with power utilities as well as energy stakeholders and other thought leaders to identify the Grid Edge 20. Greentech Media's Grid Edge Executive Council members also voted to help determine the final award recipients.
"The Grid Edge 20 is an annual bench mark for our industry," said Steve Propper, Director of Grid Edge at Greentech Media. "This year's group is made up of technology vendors making the greatest impact on the market in terms of deploying disruptive solutions commercially. It also includes utilities making smart investments to optimize their distribution network architecture and prepare for the future architecture of the grid."
The Grid Edge 20 is part of the Grid Edge program at Greentech Media, which includes original research from GTM Research, the Grid Edge Executive Council, events such as Grid Edge Live 2015, and ongoing news and multimedia coverage.
Landis+Gyr has proven leadership in the smart grid industry, directing some of the largest advanced metering projects in the world. In addition to being the market leader in deployed advanced metering solutions, Landis+Gyr also provides solutions and services for grid, load and data management that include advanced grid analytics, meter data management, virtual peaking plant applications, distribution automation, microgrid management and battery storage.
Landis+Gyr is the leading global provider of integrated energy management products tailored to energy company needs and unique in its ability to deliver true end-to-end advanced metering solutions. Today, the Company offers the broadest portfolio of products and services in the electricity metering industry, and is paving the way for the next generation of smart grid. With annualized sales of more than US$1.5 billion, Landis+Gyr, an independent growth platform of the Toshiba Corporation (TKY:6502) and 40% owned by the Innovation Network Corporation of Japan, operates in 30 countries across five continents, and employs 5,500 people with the sole mission of helping the world manage energy better. More information is available at landisgyr.com.
About Greentech Media
Greentech Media delivers business-to-business news, market analysis and conferences that inform and connect players in the global clean energy market. Our coverage area extends across the clean energy industry with a focus on solar power and the electric utility market's evolution. Greentech Media's industry-leading coverage is provided by a team of analysts from our market intelligence arm, GTM Research, as well as our world-class journalists and global network of expert contributors. Learn more at www.greentechmedia.com.