Helsinki, Finland — (METERING.COM) — April 12, 2012 – Advanced energy information systems provider Process Vision, part of the Elis Holding Group, has been positioned by Gartner Inc. in their Magic Quadrant for meter data management (MDM) products.
The market segment addressed by the MDM Magic Quadrant consists of utility companies that are seeking software solutions for managing their metered consumption data – a stock of data that can be used across the enterprise and shared with customers, partners, and regulators alike. Gartner bases the concept of the Magic Quadrant on customer-oriented market analysis, with emphasis on completeness of vision and ability to execute.
“We are proud to be included by Gartner in the “Niche” Magic Quadrant for MDM products,“ commented Åge Lønning, CEO of Process Vision and Elis Holding Group. “We believe our positioning confirms that our efforts to provide MDM and smart grid solutions for the energy sec¬¬tor are proving successful.”
Process Vision’s flagship product is the energy information system GENERIS, with over 300 references in the Nordic countries and Central Europe.
To qualify for inclusion in the MDM Magic Quadrant, a vendor must offer data collection, meter command management, validating and editing reads, exception management, event management, estimation for invalid and missing reads, profiling scalar meter reads, bill determinant cal¬cu¬lation, meter read aggregation, meter inventory tracking, data provision to down¬stream systems such as CIS, information provision directly to end users, and additional supporting functions. Solutions must also be scalable to support the interval meter reading required for the deployment of economic demand-response programs in the residential market.