Proving the Business Case for the Internet of Things

Ericsson to provide meter-reading-as-a-service in Finland

Iain Morris
August 19, 2014
 
Switzerland’s Landis+Gyr is to join forces with Sweden’s Ericsson on a smart meter project in Finland aimed at providing additional benefits for utility customers.

Under the tie-up, Ericsson will provide managed services to Landis+Gyr (Zug, Switzerland) through a smart-meter-reading-as-a-service offering that will support some 700,000 smart meters already installed in the country.

Landis+Gyr has already installed about a million smart meters in Finland – or one for every third household in the country – on behalf of a variety of utility companies.

Ericsson (Stockholm, Sweden) says it will start to provide its smart-meter-reading-as-a-service offer from October this year.

As part of its contract, some 13 employees of Landis+Gyr based in Finland will join Ericsson in October.

Landis+Gyr has indicated it will remain fully responsible for the relationship with its utility customers.

“This cooperation ensures strong expertise and resources for the smart metering services market in Finland,” said Ari Tolonen, managing director at Landis+Gyr Finland. “Ericsson has a long track record in delivering managed services, and a strong commitment to business development in the energy sector.”

“Together we will be able to provide Landis+Gyr’s utility customers in Finland with an ever-evolving, future-proof services portfolio,” added Tolonen.

Finland’s smart grid industry is already one of the most developed in Europe, with 98% of households now connected to smart meters, and the deal between Landis+Gyr and Ericsson should keep it at the forefront of developments in this area.

“The utility industry is one of the most connected in Finland as there is a smart meter for virtually every home in the country,” said Charlotta Sund, the head of Ericsson's Region Northern Europe and Central Asia. “With our expertise in connectivity and managed services and our strategic focus on the energy sector, we can support Landis+Gyr and its smart meter customers in making the best out of the opportunities that connectivity brings.”

Ericsson says the evolution of smart meter and grid solutions will eventually create smart energy networks managing huge amounts of data, creating further opportunities for efficient grid management.
 
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