Landis+Gyr and Ericsson partner for Finnish smart meter reading

Ericsson chosen by Landis+Gyr to deliver smart meter reading as a service for more than 700,000 smart meters in Finland

Landis+Gyr and Ericsson partner for Finnish smart meter reading

Landis+Gyr, the provider of energy management solutions for utilities, has chosen Ericsson to provide smart meter reading and related field operations as a service for Landis+Gyr's utility customers in Finland.

Ericsson described the contract as a breakthrough deal in the Finnish energy sector, which underlines the company's commitment to using ICT to meet the needs of the utilities industry.

To date, Landis+Gyr has delivered more than one million smart meters to multiple Finnish energy companies - the equivalent of delivering a smart meter to every third Finnish household in a country with approximately 3.2 million metering points.

Ericsson will provide smart meter reading as a service for more than 700,000 of these meters, starting from 1 October 1 2014. As part of the contract, 13 Landis+Gyr employees based in Jyväskylä, Finland, will join Ericsson from the same date. Landis+Gyr remains responsible for the relationship with its customers.

Ari Tolonen, managing director at Landis+Gyr Finland, said: "This cooperation ensures strong expertise and resources for the smart metering services market in Finland. Ericsson has a long track record in delivering managed services, and a strong commitment to business development in the energy sector. Together we will be able to provide Landis+Gyr's utility customers in Finland with an ever-evolving, future-proof services portfolio."

Charlotta Sund, head of Ericsson's Region Northern Europe and Central Asia, said: "The utility industry is one of the most connected in Finland as there is a smart meter for virtually every home in the country. With our expertise in connectivity and managed services and our strategic focus on the energy sector, we can support Landis+Gyr and its smart meter customers in making the best out of the opportunities that connectivity brings."

Currently, 98% of Finland's households are connected to smart meters. This makes the country a leader in Europe in smart residential metering.

The evolution of smart meter solutions and grids is a priority in several countries, including many within the European Union and the US. This process will eventually create smart energy networks that manage a huge amount of data, creating opportunities for efficient grid and consumption management and seamless integration of locally produced renewable energy.

The evolution of the energy infrastructure, from one-way energy grids to communicating smart energy networks, will enable more efficient management of energy resources and empower customers with the ability to control their energy usage far more efficiently.

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