Leading Analyst Firm Recognizes eMeter as a Visionary in the "Magic Quadrant for Meter Data Management Products"

SAN MATEO, Calif., Jan. 2, 2012 /PRNewswire/ -- eMeter®, a global smart grid software platform provider, today announced that Gartner, Inc., has positioned eMeter in the "Visionary" Quadrant for its Meter Data Management Magic Quadrant.* This recognition precedes this month's Siemens acquisition and comes at a time when eMeter continues to drive innovation with continuous partnerships in the North American and European markets.  

According to the report, which assesses the leading MDM software vendors offered in the energy and utilities sector, Gartner, Inc. cites, "The market segment considered for this Magic Quadrant consists of utility companies seeking software solutions for managing the metered consumption data, which can be used across the enterprise and shared with customers, partners and regulators alike."

"We believe our position in the Visionary Quadrant of Gartner's Magic Quadrant for MDM further affirms and reinforces eMeter as the vendor that is continuing to grow, lead and innovate. It was an honor to be recognized as a Visionary prior to the acquisition by Siemens. Now eMeter and Siemens look forward to working together to extend our leadership position to new areas such as analytics in the near future," said Gary Bloom, CEO of eMeter. "eMeter has built a strong system integration partnership program and is rapidly expanding outside of North America and Europe to Asia/Pacific and even Latin American energy markets, further strengthening our reputation as a global leader."

The eMeter product evaluated in the Magic Quadrant is its flagship MDM product, eMeter EnergyIP®. This product is a MDM platform that provides useful information and process automation across all functional areas of a utility. With access to this information, utilities improve customer satisfaction, reduce distribution costs and enable consumers to make smarter energy decisions.

*Gartner, Inc., Magic Quadrant for Meter Data Management Products, Zarko Sumic, December 20, 2011.

To download the full Gartner Magic Quadrant for Meter Data Management Products report for free, please visit www.emeter.com/gartner.

About the Magic Quadrant
Gartner does not endorse any vendor, product or service depicted in our research publications, and does not advise technology users to select only those vendors with the highest ratings. Gartner research publications consist of the opinions of Gartner's research organization and should not be construed as statements of fact. Gartner disclaims all warranties, expressed or implied, with respect to this research, including any warranties of merchantability or fitness for a particular purpose.

About eMeter
eMeter 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, Logica, and Siemens, eMeter has built a reputation for unparalleled expertise that ensures customer success. For more information visit: www.emeter.com.

SOURCE eMeter