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TMCNet:  Accenture and Siemens Providing Smart Metering Solutions for Utilities Globally

[October 18, 2012]

Accenture and Siemens Providing Smart Metering Solutions for Utilities Globally

AMSTERDAM --(Business Wire)--

Accenture (NYSE: ACN) and Siemens (News - Alert) Infrastructure & Cities today announced that they are working together to provide smart metering solutions to help utility companies improve the automation, planning, monitoring and diagnosis of their electric grid infrastructures.

Accenture (News - Alert) and Siemens will specifically collaborate on Advanced Metering Infrastructure (AMI) and Meter Data Management (MDM) solutions, which are designed to provide a utility with more information on its grid's activity and help increase operational efficiencies such as improving the response time to an outage.

Accenture Smart Grid Services (ASGS) will provide consulting, systems integration and managed services for smart meter and analytics solutions. Siemens will leverage its eMeter EnergyIP Meter Data Management Platform and Analytics Foundation and corresponding professional services.

Accenture and Siemens will help utilities manage the vast amounts of data gathered through smart meters which provide detailed information on the status of their distribution systems as well as customer consumption. The increased use of smart meters, which also provide visibility and control over the distribution grid, is critical as utilities seek ways to drive energy efficiency and integrate growing amounts of renewable power from sources such as solar and wind into the power supply network.

"This collaboration will ultimately lead to customized solutions that can be quickly integrated into a utility's existing infrastructure," said Thomas Zimmermann, CEO of the Business Unit Services within the Siemens Smart Grid Division. "These solutions will help utilities operate their systems more efficiently, thus giving them an economic advantae over their competitors."

"Combining Accenture's Smart Grid capabilities, which include advanced IT expertise, and deep industry knowledge, with Siemen's Smart Grid and Smart Metering technology as well as extensive experience in utility operations, will help utilities improve their operations by better capturing and analyzing customer data," said Jack Azagury, managing director for Accenture Smart Grid Services. "Together, we can help utilities unlock the value of their smart metering capabilities while reducing risk as they adopt these new technologies."

Siemens and Accenture are currently working with SaskPower, a leading Canadian utility, to help implement an advanced metering infrastructure that will help the company provide more reliable energy and better customer service.

About Accenture

Accenture is a global management consulting, technology services and outsourcing company, with 257,000 people serving clients in more than 120 countries. Combining unparalleled experience, comprehensive capabilities across all industries and business functions, and extensive research on the world's most successful companies, Accenture collaborates with clients to help them become high-performance businesses and governments. The company generated net revenues of US$27.9 billion for the fiscal year ended Aug. 31, 2012. Its home page is www.accenture.com.

About Siemens Infrastructure & Cities Sector

The Siemens Infrastructure & Cities Sector (Munich, Germany), with approximately 87,000 employees, offers sustainable technologies for metropolitan areas and their infrastructures. Its offerings include integrated mobility solutions, building and security technology, power distribution, smart grid applications, and low- and medium-voltage products. The Sector comprises the Divisions Rail Systems, Mobility and Logistics, Low and Medium Voltage, Smart Grid and Building Technologies. For more information, visit http://www.siemens.com/infrastructure-cities.

About Siemens Smart Grid Division

The Siemens Smart Grid Division (Nuremberg, Germany) supplies power providers and network operators, industrial enterprises, infrastructure elements and cities with products and solutions for intelligent and flexible network infrastructures. To meet growing energy needs, the networks of today and tomorrow must integrate more and more renewable energy sources and ensure bi-directional energy and communication flows. Smart Grids help make it possible to generate and use power efficiently and on demand. For more information, visit http://www.siemens.com/smartgrid.


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