Siemens : relaunches meter data management software EnergyIP focusing on user centricity
11/30/2021 | 05:11am EST
Zug, November 30, 2021
Siemens relaunches meter data management software EnergyIP focusing on user centricity
Workflow improvements change how users work with the software
Includes new features such as Event and Data Action Management
Business monitoring made easier with improved data transparency
Task time reduction by up to 85 percent
Significant savings on repetitive tasks, roughly 166 person days annually
Siemens Smart Infrastructure has relaunched its leading and proven smart meter data management software EnergyIP, focusing on enhancing user experience. This stems from increasing requirements for better data quality and further automation, leading to a focus on workflow improvements and user-centricity. Now the software collates all relevant data on one screen, making it easier to understand and identify correlations and root causes through interactive visualizations and shortcuts. The latest EnergyIP Mosaic software is intuitive and efficient with noticeably fewer clicks, which leads to task time reduction by up to 85 percent. Thanks to additional data transparency and improved anomaly detection, users can make decisions with greater speed and confidence.
"Siemens is taking its market-leading meter data management software to the next level, supporting customers to get ready for future changes to the energy system," said Sabine Erlinghagen, CEO of Digital Grid at Siemens Smart Infrastructure. "We have worked extensively with multiple customers globally to understand their exact needs when it comes to meter data management. EnergyIP Mosaic has not only changed its look and feel but opens up new efficient ways of performing tasks, providing better situational awareness for customers. Focusing on workflow improvements, the new software is more efficient, intuitive, insightful, adaptable and ready to use on modern devices such as tablets."
Head: Lynette Jackson
Reference number: HQSIPR202111266356EN
Meter data management has mainly been used by utilities for billing processes for electric, gas and water meters. According to Gartner's Magic Quadrant, Siemens EnergyIP software has been the leader for meter data management for many years. Worldwide, more than 90 million smart meters are under contract and more than 200 utilities are using EnergyIP. However, this space is evolving, with smart meter data expected to be used for additional purposes in the future, especially when combined with data from other sources. The EnergyIP Mosaic software makes everyday routines and workflows simpler and faster, increasing the efficiency of tasks by up to 85 percent. The new Event and Data Action Management (EDAM) feature makes it easier for users to detect anomalies in the data provided by smart meters to avoid unnecessary manual interventions or ordering replacements. About
99.9 percent of data faults can be detected and resolved automatically. This saves time and cost, as preventive actions can be taken before meters fail.
In addition, EnergyIP Mosaic is horizontally and vertically scalable and requires up to 60 percent less processing power than comparable solutions. Based on 100 tasks a day performed with the software, approximately 166 person days can potentially be saved annually thanks to the new user experience. Data transparency improves as operation of the software is more visible to users. This makes it easier to investigate data collection and quality issues, eventually leading to zero billing complaints due to data issues. Data quality is becoming increasingly important, especially if smart meter data will be used for other purposes in the future.
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Siemens Smart Infrastructure (SI) is shaping the market for intelligent, adaptive infrastructure for today and the future. It addresses the pressing challenges of urbanization and climate change by connecting energy systems, buildings and industries. SI provides customers with a comprehensive end-to-end portfolio from a single source - with products, systems, solutions and services from the point of power generation all the way to consumption. With an increasingly digitalized ecosystem, it helps customers thrive and communities progress while contributing toward protecting the planet. Siemens Smart Infrastructure has its global headquarters in Zug, Switzerland. As of September 30, 2021, the business had around 70,400 employees worldwide.
Siemens AG (Berlin and Munich) is a technology company focused on industry, infrastructure, transport, and healthcare. From more resource-efficient factories, resilient supply chains, and smarter buildings and grids, to cleaner and more comfortable transportation as well as advanced healthcare, the company creates technology with purpose adding real value for customers. By combining the real and the digital worlds, Siemens empowers its customers to transform their industries and markets, helping them to transform the everyday for billions of people. Siemens also owns a majority stake in the publicly listed company Siemens Healthineers, a globally leading medical technology provider shaping the future of healthcare. In addition, Siemens holds a minority stake in Siemens Energy, a global leader in the transmission and generation of electrical power.
In fiscal 2021, which ended on September 30, 2021, the Siemens Group generated revenue of €62.3 billion and net income of €6.7 billion. As of September 30, 2021, the company had around 303,000 employees worldwide. Further information is available on the Internet at www.siemens.com.