Sensus Acquires Smart Grid Analytics Company

Sensus Acquires Smart Grid Analytics Company

Sensus reports that utilities gathering data from smart sensors, including meters “will now be better able to use the information for actionable intelligence that saves time and money. Specific applications in the Verdeeco portfolio include transformer utilization, load aggregation, and alert and alarm management.

Sensus president Randy Bays observes, “The importance of data in our industry revolves around not only the ability to gather it from disparate sources, but to generate actionable insights that help utilities realize greater value from their technology investments. Our customers can select from individual applications that satisfy a specific need and know that the platform exists for adding more applications in the future.”

Utilities using Verdeeco’s suite of products, services, and applications can aggregate data from smart meters, SCADA systems, customer billing software, news services, and a broad range of other sources. All of the applications are hosted in a secure cloud by Verdeeco’s grid as a service (GaaS) platform, which requires a lower upfront investment, reduces the cost of ownership, and allows the utility new software functionality.

Mike Smith, Utility Analytics Institute vice president says, “These are exciting times in the industry; utilities are embracing new technologies and processes that enable them to move from simply managing data to applying data analytics to business functions and operations in a more predictive mode. These capabilities, coupled with cloud-based delivery, open up many opportunities for business improvement and transformation.”

Verdeeco chief executive officer Brian Crow adds: “We are thrilled to join the Sensus family and broaden our platform to deliver even more benefits to current and future customers. The acquisition further validates our ability to deliver innovative solutions to the utility industry.”

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