Landis+Gyr Provides Utilities with Additional Business Process Automation

ATLANTA, Oct. 23, 2018 /PRNewswire/ -- Landis+Gyr (SWISS: LAND.SW) has released the 4.0 version of its meter data management system (MDMS) software with added support for complex metering operations to assist utilities with advanced business process automation.

This latest update of the company's MDMS product includes a new user interface, enhanced support for complex data estimation, a new calculation engine to improve virtual metering and aggregation processing, as well as additional energy market settlement functions.

"Version 4.0 increases support for the next wave of utility challenges, including applications for complex metering associated with shared resources, two-way transactions from distributed generation projects and multi-tenant housing," said Doug Jeademann, Vice President of Product Lines at Landis+Gyr. "The new calculation engine and estimation support is ideal for automation of complex meter-to-cash situations and improved operational efficiency."

Other updates in MDMS 4.0 include:

• Enhancements that allow retroactive processing of metering master data
• Primary and secondary data processing within the MDMS's On Demand engine and billing processes

Ranked as a Leader in Garter, Inc.'s 2017 Magic Quadrant report, Landis+Gyr's MDMS software supports some of the largest advanced metering programs in the world, including Tokyo Electric Power Company (TEPCO), Pacific Gas & Electric, Ørsted A/S in Denmark and multiple North American utilities. The MDMS complements Landis+Gyr's connected platform of intelligent devices and software applications for utility IoT networks, while providing a secure platform for advanced meter-to-cash processing and operational activities for today's AMI solutions.

About Landis+Gyr
Landis+Gyr is the leading global provider of integrated energy management solutions for the utility sector. Offering one of the broadest portfolios of products and services to address complex industry challenges, the company delivers comprehensive solutions for the foundation of a smarter grid, including smart metering, distribution network sensing and automation tools, load control, analytics and energy storage. Landis+Gyr operates in over 30 countries across five continents. With sales of approximately USD 1.7 billion, the company employs c. 6,000 people with the sole mission of helping the world manage energy better. More information is available at www.landisgyr.com.

SOURCE Landis+Gyr