One of the challenges faced by the MDM industry has been identifying the technology’s value to utilities. GTM Research presents a categorization of MDM’s core components including data repositories, enterprise integration platforms, and enhanced smart meter functionality.
Chet Geschickter, a Smart Grid analyst at GTM Research and the report’s author says accelerated deployment of smart meters “is driving demand for meter data management systems. MDM creates an opportunity for utilities to build intelligent applications across the enterprise, but they need to adopt modern system designs including service oriented architectures in order to do this.”
GTM Research’s report also ranks the top MDM providers in the United States, identifying eMeter, Aclara and Itron as the top three, in that order. California-based eMeter is expected to deploy MDM systems to manage 6.5 million meters in Texas and Ontario by 2014.
Geschickter adds, “MDM vendors have a strategic opportunity to expand beyond core meter data management with additional features like consumer web portals and data warehousing. Their ability to work closely with utility customers is a key to growth and future success.”
The Emergence of Meter Data Management (MDM): A Smart Grid Information Strategy Report addresses many issues, including the business problems MDM solves; the maturity of the market; and the keys to successful MDM deployment.
GTM Research is the market research arm of Greentech Media. Headquartered in Cambridge, Mass., Greentech Media has operations in New York City, San Francisco and Munich. For more information, visit www.greentechmedia.com. For detailed information about the report visit www.gtmresearch.com/report/the-emergence-of-meter-data-management-mdm