SAP SE and Siemens have reported augmentation of their worldwide assention in smart metering to together go-to-market in India and bolster the Government’s objective of introducing 130 million Smart Meters by 2021.
This effort is planned to address different computerized end-to-end business situations for energy and utility sector of India.
For India, smart meters will assume vital part in giving force appropriation organizations the capacity to address charging wasteful aspects, circulation losses, and overseeing top load, while upgrading customer encounter. The normal specialized and business losses for State Distribution Companies is as of now at around 25.3 percent. The ‘SAP Meter Data Management by Siemens’ solution intends to address this hole by empowering organizations to incorporate continuous handling of enormous data produced by associated meters and sensors to give better understanding and control into vitality.
“With energy demand expected to overtake supply, spiraling costs, and increasing pressures to reduce carbon emissions, the energy sector needs new ways to meet these challenges. ‘SAP Meter Data Management by Siemens’ solution will provide energy distribution companies the capabilities of real-time power quality analysis combined with customer analytics. This provides a powerful value proposition to the companies that, simply put, will minimize their losses and help them function better, thus augmenting the growth of the sector,” said Dr. Harald Griem, Executive Vice President and Head – Energy Management Division, Siemens Ltd.
“India’s energy demand is expected to increase manifold in the coming decade”, said Hemant Dabke, Vice President, Strategic Industries, SAP Indian Subcontinent. “To meet this demand while enabling constant growth, the energy sector needs to continue its push towards digital transformation. Siemens and SAP have long-standing relationships with utilities and municipalities, this furthers our aim towards propelling digitization of the sector. By presenting powerful opportunities to leverage IoT capabilities we together will transform the landscape for current and future energy market players.”