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
Get stories like this delivered straight to your inbox. [Free eNews Subscription]

IoTevolutionworld Contributor

SHARE THIS ARTICLE
Related Articles

Beyond the Closet, Connecting to IoT

By: Gary Audin    11/11/2020

Two challenges arise when considering cable based IoT.

Read More

Banyan Security Enhances Secure Remote Access for Engineering Resources

By: Ken Briodagh    10/27/2020

Banyan's Continuous Authorization Can Grant or Revoke Access to Sensitive Engineering Environments and Applications in Real-time Based on TrustScore

Read More

Senet Eyes RAN Partnerships as Key to Delivering Network Services for Massive IoT

By: Arti Loftus    10/21/2020

To meet the challenges that come with providing network connectivity for IoT solutions, Senet is executing a strategy for massive IoT that will be bui…

Read More

mimik Selected by 5G Open Innovation Lab to Drive Early Adoption of 5G

By: Ken Briodagh    10/15/2020

mimik's patented Hybrid Edge Cloud platform will boost the performance and reduce the cost of 5G Networks

Read More

5G Sets New Standards for Vertical Industries' IoT Connectivity

By: Special Guest    10/13/2020

As 5G rolls out across the world, vertical industries across IoT are working on additional standards to make the technology suitable for their industr…

Read More