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TMCNet:  Echelon to Deliver Easy-to-Deploy Smart Grid Intelligence with Oracle

[October 04, 2011]

Echelon to Deliver Easy-to-Deploy Smart Grid Intelligence with Oracle

AMSTERDAM --(Business Wire)--

Echelon Corporation (NASDAQ:ELON) today announced they have teamed with Oracle (News - Alert) to help utilities better manage outages, protect revenue, offer demand response, and offer prepayment options. The Oracle Utilities Smart Grid Gateway (News - Alert) integrated with Echelon's proven smart metering solution allows utilities to quickly and reliably deploy multiple applications to manage their assets and customers.

"European Union member states are required to have 80 percent of consumers equipped with a smart meter by 2020," said Bastian Fischer, vice president industry strategy, EMEA, Oracle Utilities. "Utilities need to act now even though regulations, standards and available technology will change, so they are looking for an open, multi-application solution that will grow with them over time. Oracle and Echelon are pleased to offer a highly flexible solution that is adaptable to changing customer, operations and regulatory needs."

With an increasing number of outages and growing demand for energy and renewable integration, utilities need to manage new dynamics at the edge of the grid. Real-time consumption and generation information is needed to quickly diagnose and respond to problems and control devices. Flexibility is needed to deploy new customer offerings such as prepayment plans. In the combined solution, Echelon control nodes (data concentrators or Edge Control Nodes) running the COS Operating System aggregate data from Echelon meters or other smart devices deployed on the low-voltage grid. Echelon head-end based system software intelligently aggregates and pre-processes the data from these control nodes, where they are passed to the Oracle Utilities Smart Grid Gateway. The Smart Grid Gateway then presents this data in a unified fashion to Oracle's suite of applications. The result is a quick, easy and reliable deployment for utilities.

"Utilities need the ability to collect data from the field to diagnose problems faster and the ability to turn that data into actionable, distributed intelligence," said Michael Anderson (News - Alert), senior vice president for utility sales and market development at Echelon. "The Echelon/Oracle solution addresses this by combining two best-of-breed solutions to help utilities better manage outages and protect revenue."

The Oracle/Echelon solution is currently available and will be on display and demonstrated at Metering Europe in Booth F56 and F50.

About Echelon Corporation

Echelon Corporation (NASDAQ:ELON) is the world's leading open-standard energy control networking company. Echelon technologies connect more than 35 million homes, 300,000 buildings and 100 million devices to the smart grid, and help customers save 20% or more on their energy usage. With more than 20 years of experience in energy control, Echelon delivers a wide range of innovative solutions to commercial and electric utility customers. More information about Echelon can be found at http://www.echelon.com.

Oracle and Java are registered trademarks of Oracle and/or its affiliates. Other names may be trademarks of their respective owners.

Echelon and the Echelon logo are registered trademarks of Echelon Corporation registered in the United States and other countries. Other product or service names mentioned herein are the trademarks of their respective owners.

This press release may contain statements relating to future plans, events or performance. Such statements may involve risks and uncertainties, including risks associated with market acceptance of Echelon's technology by itself or combined with Oracle applications, do not perform as designed or do not offer the expected benefits and savings; and other risks identified in Echelon's SEC (News - Alert) filings. Actual results, events and performance may differ materially. Readers are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date hereof. Echelon undertakes no obligation to release publicly the result of any revisions to these forward-looking statements that may be made to reflect events or circumstances after the date hereof or to reflect the occurrence of unanticipated events.


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