Siemens and SAP to offer meter data management for new utility business models Agreement will combine SAP for Utilities solutions with Siemens meter data management solutions
Siemens and SAP have signed a global reseller agreement through which SAP will globally resell Siemens' market-leading meter data management solution, EnergyIP. This cooperative effort is intended to address multiple digital end-to-end business scenarios for energy and utility clients worldwide. The solution will be available directly from SAP, simplifying purchase and support processes for customers. It will be marketed under the name, SAP Meter Data Management by Siemens, and is expected to be generally available during the second quarter of 2017. As part of the agreement, SAP and Siemens also plan to further align development road maps in an effort to provide the foundation for next-generation business models supporting all future energy market players.
Emerging business models focus on delivering reliable and efficient power, while transitioning to an increasingly distributed energy landscape. SAP and Siemens plan to help utility customers integrate real-time processing of Big Data generated by millions of connected meters and sensors to provide better insight and control for all energy producers and consumers - from the large-scale power plant to small micro grids.
"Siemens and SAP have long standing relationships with utilities and municipalities. Our smart grid application platform, EnergyIP, combined with SAP for Utilities solutions will reach nearly half of all power utilities in the world and will bring our customers a high level of intelligence and insight to make data not only valuable but actionable in today's information-driven world," said Thomas Zimmermann, CEO of the Siemens Digital Grid Business Unit. "End-to-end digital business scenarios will be the key drivers to really change today's energy system."
"SAP views today's (3/28) announcement as a unique opportunity for our customers to leverage the know-how and the solutions of the two market leaders SAP and Siemens for IT/OT integration," said Henry Bailey, global vice president of the SAP Utilities Business Unit. "Real-time access to device and meter data combined with customer and commercial data will help provide utilities with a comprehensive view on their customers and technical devices. We anticipate that this will change the landscape in how utilities will operate in the future."
This press release and a press picture is available at www.siemens.com/press/PR2017030241EMEN
Siemens AG (Berlin and Munich) is a global technology powerhouse that has stood for engineering excellence, innovation, quality, reliability and internationality for more than 165 years. The company is active in more than 200 countries, focusing on the areas of electrification, automation and digitalization. One of the world's largest producers of energy-efficient, resource-saving technologies, Siemens is a leading supplier of efficient power generation and power transmission solutions and a pioneer in infrastructure solutions as well as automation, drive and software solutions for industry. The company is also a leading provider of medical imaging equipment - such as computed tomography and magnetic resonance imaging systems - and a leader in laboratory diagnostics as well as clinical IT. In fiscal 2016, which ended on September 30, 2016, Siemens generated revenue of 79.6 billion and net income of 5.6 billion. At the end of September 2016, the company had around 351,000 employees worldwide. Further information is available on the Internet at www.siemens.com.
As market leader in enterprise application software, SAP (NYSE: SAP) helps companies of all sizes and industries run better. From back office to boardroom, warehouse to storefront, desktop to mobile device - SAP empowers people and organizations to work together more efficiently and use business insight more effectively to stay ahead of the competition. SAP applications and services enable more than 335,000 business and public sector customers to operate profitably, adapt continuously, and grow sustainably. For more information, visit www.sap.com.