Proving the Business Case for the Internet of Things

Landis+Gyr to bolster analytics capabilities with GRIDiant takeover

Iain Morris
June 17, 2014
 
Smart metering player Landis+Gyr is to acquire utility analytics provider GRIDiant in a move aimed at bolstering its own software analytics portfolio.

The takeover should help the company to offer additional services to its utility customers based on analysis of the data that smart meters and other grid devices generate.

Utilities will be able to use the information to improve reliability, better integrate renewable energy resources into their services and enhance their customer service activities.

Following the takeover, Landis+Gyr (Zug, Switzerland) plans to integrated GRIDiant’s (Los Altos, CA, USA) analytics suite into its advanced metering infrastructure distribution grid management system.

Meanwjhile, the GRIDiant team will become a part of Landis+Gyr’s North American operations, according to Prasanna Venkatesan, the executive vice president for Landis+Gyr Americas region.

“We understand that utilities around the world want to continually improve their business operations,” said Andreas Umbach, Landis+Gyr’s president and chief executive. “We believe the insights gained from analytic tools are essential ingredients in leveraging the value from smart grid infrastructure investments, and that these insights can promote operational efficiency throughout the distribution grid.”

The company reckons the sheer quantity of data being generated by meters, intelligent sensors and other devices poses a challenge to a utility’s ability to use data for planning and operational performance.

Its aim is to help utilities correlate the data that is collected from the smart grid network with other enterprise data to improve efficiency, streamline operations and facilitate more rapid decision-making.

“Our work with Landis+Gyr as a partner has been positive and we are pleased that our relationship is moving into a full ownership model,” said Soorya Kuloor, GRIDiant’s chief technology officer. “This transaction is wonderful news for both our employees and customers – both present and future – as we will now become a key element in the solution offering for a leading smart metering and grid management company.”

Venkatesan says the combination of Landis+Gyr’s smart grid platform with GRIDiant’s tools will give utilities a range of additional quantifiable benefits they can use to address challenges like ageing infrastructure, distributed generation and outage management.
 
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