Leading Analyst Firm Names eMeter Overall Leader in Meter Data Management (MDM) Market Report

Friday, Sep 03, 2010

eMeter, a leading provider of Smart Grid management software, today announced it has been named a "Leader" in GTM Research's "The Emergence of Meter Data Management (MDM): A Smart Grid Information Strategy" report. According to the report, eMeter is recognized as the overall leader of the fast-emerging MDM market, ahead of both Oracle and Itron. Referring to eMeter earning the number one position, the report cited "the strength of its overall MDM platform" and that the company is "rapidly building out a line of related software products."

"We're pleased that Greentech Media has recognized eMeter as having the strongest product in the market. This is further validation by yet another internationally-recognized analyst firm that eMeter has the leading Smart Grid information platform," said Gary Bloom, CEO of eMeter. " We look forward to working even more closely with our customers to ensure they and their consumers receive the benefits that can be gained from the Smart Grid."

eMeter ranked in the top two positions in eight of the nine categories reported by GTM Research, including vendor criteria, meter data repository, meter data management platform, AMI management functions, customer-facing applications, energy management and utility operations. The report noted that eMeter's EnergyIP "has clear advantages in the open market where multiple entities need flexible access to centralized system-wide meter data." EnergyIP is the centerpiece of eMeter's Smart Grid Management Software Suite that has the most large-scale, mass-market deployments in the industry. EnergyIP not only enables utilities like Westar Energy (profiled in the report) to rapidly deploy meter-to-cash, but also serves as a flexible platform upon which utilities can add other applications such as deployment planning, automated provisioning and asset tracking. Other key eMeter customers mentioned in the report include CenterPoint Energy and Ontario Independent Electricity System Operator (IESO).

Chet Geschickter, analyst-at-large at GTM Research and author of the report, said, "The MDM market continues to grow at a rapid pace, thanks to planned smart meter rollouts and enhanced product offerings from MDM vendors. eMeter stands out in the market with its best-of-breed technology approach and best practices for utilities to adopt as they deploy their unique Smart Grids to their customers."

eMeter's "Leadership" ranking in the GTM Research report follows the "Positive" rating the company earned in leading industry analyst firm Gartner's "MarketScope for Meter Data Management Products" report earlier this year.

Source: PR Newswire