Markham, ON, Canada --- (METERING.COM) --- February13, 2013 - IBM, which developed and has been operating Ontario’s meter data management and repository (MDM/R) system, has been awarded a further 5-year contract by the Independent Electricity System Operator (IESO).
Under the Ca$68.5 million (US$68.3 million) contract, IBM will enhance the overall performance of the MDM/R through new computing infrastructure, enhanced web services facility to support increasing volumes of requests for consumption information, enhanced disaster recovery capabilities, and operational improvements with a focus on reducing risk and costs.
The MDM/R is a core part of Ontario's smart metering initiative, supporting the meter to billing operations of 72 local distribution utilities and their 4.7 million customers, processing over 100 million transactions every day. The MDM/R receives, validates, estimates and allows for editing and storage of meter read data received from smart meters. It then translates the resulting hourly energy consumption data into time-of-use billing quantities (or buckets) for use by the distribution utilities to bill and communicate consumption information to their customers.
Given that the MDM/R is the central repository of hourly data about residential and small business energy use in Ontario, it will also be a valuable tool for big data analysis, research and energy trend forecasting over time.
“After conducting a thorough and extensive competitive procurement process, we are pleased to have IBM operate the MDM/R at the lowest risk and total cost of ownership to the IESO, local distribution utilities and ratepayers of Ontario,” commented Przemek Tomczak, director – Smart Metering at the IESO.
The IESO, which is responsible for managing Ontario's bulk electricity power system and operating the wholesale market, is also the Smart Metering Entity with responsibility for the administration and operation of the MDM/R.
The contract includes options to extend to seven or 10 years.