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

One Fifth of New Cellular M2M Connections Will be in Asia by 2019

By: Ken Briodagh    6/29/2015

In an announcement made June 29, Juniper Research reported that it expects the Far East and China region to account for 22 percent of all global cellu…

Read More

Wheelings and Dealings: Sierra Wireless Acquires MobiquiThings

By: Ken Briodagh    6/24/2015

Sierra Wireless and MobiquiThings, a mobile virtual network operator in Europe, recently announced that Sierra will acquire MobiquiThings, with the de…

Read More

Predictive Sensor System Can Save Industrial Equipment

By: Ken Briodagh    6/23/2015

Figuring out if an industrial component has already failed is important, and well within the capabilities of existing M2M technology. The power of the…

Read More

M2M Tips - Public IP vs Private IP Addressing

By: TMCnet Special Guest    6/22/2015

The thing I want to achieve with this post is to address some common questions we get asked on a daily basis when it comes to IP addressing.

Read More

Cellular Wireless Failover for Branch Offices, M2M and the Internet of Things

By: TMCnet Special Guest    6/18/2015

The loss of traditional Internet network connectivity can lead to lost revenue, decreased productivity, and failed compliance, as well as reputation &…

Read More