Menu

M2M FEATURE NEWS

Verizon and eMeter to Develop Cloud-Based Meter Data Management

By Rahul Arora February 02, 2011

Verizon and eMeter will be partnering to develop and deliver one of the first cloud-based meter data management offerings for the utility industry. Both parties said the partnership, to be finalized in the spring, will help meet utility needs for advanced smart grid solutions with built-in security, reliability and new capabilities.

According to the agreement, eMeter will utilize Verizon's IP network to provide its industry-leading meter data management software to utilities in a scalable cloud-based environment. Thanks to the cloud-based services, utilities will be able to pay for it on a per-user basis, without the need for large capital investment. This collaboration will enable an innovative meter data management solution that can address the potential for new business applications, enhanced billing capabilities and faster customer response.

"Advancing industry-specific solutions is a key component of Verizon's 'everything-as-a-service' strategy," said Rilck Noel, managing director for Verizon's Global Energy & Utilities practice, in a statement.  "Our work with eMeter is the latest example of how we are innovating to deliver new smart grid opportunities for utilities -- helping them, and ultimately consumers, gain better command and control of energy resources."

Verizon believes that the advancing industry-specific solutions is a key component of Verizon's ‘”everything-as-a-service” strategy. The company has always believed in innovation to offer new smart grid opportunities for utilities — the latest example of which is its partnership with eMeter According to Verizon officials, the smart grid solutions developed by them would ultimately benefit the consumers as they gain better command and control of their energy resources.

"eMeter is proud to work with Verizon Business to make our meter data management capabilities more readily accessible to utilities via the cloud,” said Gary Bloom, CEO and president of eMeter. “This cloud-based meter data management solution will help utilities meet the next generation of energy management needs for both businesses and consumers."

Want to learn more about the latest in communications & technology? Then be sure to attend ITEXPO East 2011, taking place Feb 2-4, 2011, in Miami. ITEXPO offers an educational program to help corporate decision makers select the right IP-based voice, video, fax and unified communications solutions to improve their operations. It's also where service providers learn how to profitably roll out the services their subscribers are clamoring for – and where resellers can learn about new growth opportunities. To register, click here.


Rahul Arora is a IoTevolutionworld contributor. He has worked as an editor and freelance writer for several reputed organizations in India. To read more of his articles, please visit his columnist page.



Edited by Carrie Schmelkin

IoTevolutionworld Contributor

SHARE THIS ARTICLE
Related Articles

Teradata Punches the Accelerator: Slow IoT Projects Move to the Fast Lane

By: Ken Briodagh    8/26/2016

Teradata, an analytics solutions company, has launched four accelerators designed to speed up the transformation of IoT data to actionable insight. Th…

Read More

Off the Blockchain: Chronicled Launches Open Registry for IoT

By: Ken Briodagh    8/24/2016

Chronicled, Inc., a San Francisco-based technology company, has launched an Open Registry for IoT, designed to encourage growth and interoperability i…

Read More

Senet and myDevices: Collaboration Evolves Connected Things

By: Special Guest    8/23/2016

Senet and myDevices last month announced a new technology partnership bringing a little extra spice to Senet's rapidly growing LPWAN U.S. network with…

Read More

Contract Manufacturers Add Value with Vertical Integration of Supply Chains

By: Special Guest    8/22/2016

As a contract manufacturer for some of the largest CPG companies in the U.S., when LiDestri Food and Drink goes looking to buy raw materials, more oft…

Read More

Top Questions to Ask When Looking for an IoT Platform

By: Special Guest    8/22/2016

SPONSORED CONTENT: Where to start when looking to choose a new IoT platform.

Read More