July 2016, Vol. 243, No. 7

Features

Meter Data Management May Evolve to Offer Multivariate Systems

A recent Leaderboard Report from Navigant Research examines the strategy and execution of 11 leading meter data management systems (MDMSs) vendors, providing industry participants with an objective assessment of these companies’ relative strengths and weaknesses in the global MDMS market.

With billions of data points logged each day from more than 500 million installed smart meters, the demand for enhanced MDMSs is growing. Competitive vendors in this market are now investing in major upgrades, offering data analytics and enhanced support for utility operations as well as advanced capabilities. According to a new Leaderboard Report from Navigant Research, Itron, Landis+Gyr, Oracle, and Siemens eMeter lead the global MDMS market in terms of strategy and execution.

Top Vendors: (1) Itron; (2) Landis+Gry; (3) Oracle; (4) Siemens eMeter; (5) Elster EnergyICT;  (6) Schneider Electric; (7) Kamstrup; (8) Aclara; (9) NorthStar Utilities Solutions; (10) Ferranti Computer Systems; and (11) Powell.  

“These players are well-established, often managing millions of smart meter deployments with increasingly advanced meter data management (MDM) platforms,” said Paige Leuschner, research associate with Navigant Research. “Itron is entrenched in this market with its MDM contracts and innovative product roadmap, though Landis+Gyr, Oracle, and Siemens eMeter are all in close pursuit.”

Several leading vendors in the market have stated their intention to look past the concept of meter data management (MDM) platforms altogether to a future of multivariate data management systems where data from distributed sensors, smart inverters, appliances, etc. can be collected, organized, managed, and analyzed, in addition to smart meter data.

According to Navigant Research, global MDMS revenue is expected to grow from $223.7 million in 2015 to $600.9 million in 2024. Growth in revenue will largely be attributed to markets in North America and Europe, though MDMS revenue in the Middle East and Africa will grow the fastest.

The report, Navigant Research Leaderboard Report: Meter Data Management Systems, examines the strategy and execution of 11 vendors that offer MDMSs and rates them on 12 criteria. Each company considered in this report has a solid offering with core MDMS capabilities. Vendors are differentiated by additional platform features, MDMS customers, international marketing and sales, and the vision, strategy, and roadmap for their MDM solution.

Using Navigant Research’s proprietary Leaderboard methodology, vendors are profiled, rated, and ranked with the goal of providing industry participants with an objective assessment of these companies’ relative strengths and weaknesses in the global MDMS market. An executive summary of the report is available for download on the Navigant Research website.