Proving the Business Case for the Internet of Things

Kamstrup expands smart meter capabilities with Saseco acquisition

Iain Morris
October 14, 2014

Denmark’s Kamstrup has acquired software business Saseco in a move aimed at expanding the portfolio of smart metering services it can provide.

Saseco (Aarhus, Denmark) specializes in developing analytical solutions for energy management, while Kamstrup (Stilling, Denmark) provides a range of metering services in the electricity, heating, cooling and water sectors.

In a statement, the company said that an ability to collect smart meter data with “high accuracy and reliability” was becoming a prerequisite and that the future would be about turning data into value for those who distribute and consume energy and water.

“In order to visualize data to drive intuitive fact based decisions we will increase our offering and competences within analytical software through partnerships and acquisition,” said Henrik Morck Mogensen, technology manager of software at Kamstrup. “Saseco is an important step in this direction.”

Saseco has developed an application called eButler that shows water, electricity and heat consumption based on data from intelligent meters and Kamstrup plans to support and develop this product as an open and “integratable” solution.

 “With eButler utilities and other customers will get a new analytical platform to optimize grid operation and a tool to service their consumers,” said Jens Andreason, Kamstrup’s division manager for the metering services division. “Through intuitive visualisation they can get a deeper insight in their energy consumption and save money.”

Saseco is to be fully integrated within Kamstrup in the coming quarter, with all employees moving to Kamstrup’s headquarters in Stilling near Aarhus.

“Saseco has a prosperous future as part of the Kamstrup organization,” said John Haar, the managing director of Saseco. “It’s a great opportunity to take advantage of the synergy between our products for the benefit of our existing and future customers.”
 
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