Cyan Signs MoU with El Sewedy for Smart Meter Deployment

Cyan Signs MoU with El Sewedy for Smart Meter Deployment

Cyan, a Cambridge UK smart metering and lighting control technology enterprise, has signed a memorandum of understanding (MoU) with El Sewedy Electrometer India to develop, market, and deploy integrated smart metering solutions in India and other countries. Under terms of the MOU, El Sewedy and Cyan will tender as part of a consortium for a number of smart metering projects in India and selected target markets.

Cyan has announced that the company’s smart metering solution, CyLec, will be integrated with El Sewedy’s single-phase smart meters and will support the open meter protocol (OMP), which provides an open standard protocol optimized for real-time monitoring and control over wireless mesh networks.

The “ABS Research-UK Report of 2009” ranked El Sewedy fifth in the worldwide metering market with more than 10 million meters and metering solutions deployed in more than 20 countries around the world.

Cyan executive chairman John Cronin adds: “We are very pleased to be partnering with El Sewedy to provide smart metering technology to their customers in India and other markets. This partnership will also increase the number of qualified meter manufacturers in India using OMP as standard. As the Indian market moves to commercial deployments, Cyan is well positioned to support open standards for meter and communication protocols, which is imperative to ensure customers can achieve cost efficiencies and benefit from technological advances.”

El Sewedy is a member of Zaki EL Sewedy Group, which was established 70 years ago with the goal of upgrading the global energy distribution sector through deploying the latest technologies. El Sewedy primarily sells metering solutions in Europe under the Iskraemeco brand. With group revenues in 2013 of EGP15 billion, El Sewedy employs 2,000 people in seven factories across Egypt, Ghana, Zambia, Ethiopia, Mexico, Brazil and India.

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