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

Related Articles

An Issue of Scale: How Numerex Soothes the Savage IoT Beast

By: Ken Briodagh    11/25/2015

The IoT is a simple beast, really. Plug smart device A into cloud B and try your best to make sense out of what you find, while keeping evildoers from…

Read More

Hey Health Care Professionals! Let's Solve Security

By: Ken Briodagh    11/25/2015

I love how readily the health care industry has taken to the IoT. You folks are leading the way in both enterprise and consumer-facing M2M technology,…

Read More

Ingenu Launches National IoT Machine Network in US

By: Ken Briodagh    11/24/2015

Ingenu, a connectivity provider exclusively for machine networks, recently announced the initial rollout of its Machine Network, which will cover 30 m…

Read More

The Shopping Mall of Things: A Black Friday in the Life of the IoT

By: Special Guest    11/23/2015

While we have seen examples of some high-end retailers closing their doors for good, such as Blockbuster and Borders, brick and mortar retailers have …

Read More

Atmel Brings Improves WeChat's IoT Capability

By: Frank Griffin    11/17/2015

As more of the things around us become smarter, the information they transmit must be secured to protect the data. One of the largest social media com…

Read More