This collaboration is aimed at developing a new and innovative system that will lay important foundations for future business decisions and individual service offerings for E.ON customers and for the further development of business models. Yet the scalable service-oriented architecture works exclusively with standard components and also supports third party integration.
"Real-time data evaluation in a smart grid is growing increasingly important for energy enterprises due mainly to the rising use of renewable energy," said Martin Hauske, Head of the Energy Business at IBM Germany. "Continued focus on data analysis and process optimization will lead to more growth and greater efficiency in the industry."
About E.ON Munich-based E.ON Metering is a provider of products and solutions in the field of Smart Metering, Smart Grid, Smart Home and Demand Side Management. The company's portfolio covers all relevant aspects concerning Smart Metering -- from consultation, providing and operating the devices to an individual real-time energy management. E.ON Metering is part of the E.ON Group, one of the world's largest investor-owned power and gas companies. At facilities across Europe, Russia, and North America, more than 72,000 employees generated approximately EUR132 billion in sales in 2012. In addition, there are businesses in Brazil and Turkey, managed jointly with partners. E.ON's diversified business consists of renewables, conventional and decentralized power generation with almost 68 GW of generation capacity, natural gas, energy trading, retail and distribution. The Group supplies around 26 million customers with energy.
IBM and Smart Grid IBM is involved in more than 150 smart grid engagements around the world, in both mature and emerging markets. More about IBM's vision to bring a new level of intelligence to how the world works -- how every person, business, organization, government, natural system, and man-made system interacts, can be found here: http://www.ibm.com/smarterplanetFor more information about Smarter Energy at IBM, please visit: www.ibm.com/press/smarterenergy. Follow us on Twitter and LinkedIn. Contacts Fabienne DawsonIBM Global Media Relations Tel: 212-671-9322 firstname.lastname@example.org Dagmar Domke IBM Communications ( Europe)Tel: +49 211 476 1913Email: email@example.com
Check Out Our Best Services for Investors
- $2.5+ million portfolio
- Large-cap and dividend focus
- Intraday trade alerts from Cramer
Access the tool that DOMINATES the Russell 2000 and the S&P 500.
- Buy, hold, or sell recommendations for over 4,300 stocks
- Unlimited research reports on your favorite stocks
- A custom stock screener
- Model portfolio
- Stocks trading below $10
- Intraday trade alerts