Analyst firm Gartner (News - Alert) has recognized smart grid software platform company eMeter as a visionary within meter data management market.

eMeter has been positioned in the "Visionary" Quadrant for Gartner’s Meter Data Management Magic Quadrant for its flagship MDM product, eMeter EnergyIP.

This eMeter product is a MDM platform providing useful information and process automation across all functional areas of a utility. In addition to improving customer satisfaction, this information reduces distribution costs and enables consumers to make smarter energy decisions.

Readers can download the full Gartner Magic Quadrant for Meter Data Management Products report for free by visiting this website: www.emeter.com/gartner.

Gartner’s newly released report assesses the leading MDM software vendors offered in the energy and utilities sector.

"The market segment considered for this Magic Quadrant consists of utility companies seeking software solutions for managing the metered consumption data, which can be used across the enterprise and shared with customers, partners and regulators alike," notes the research firm.

"We believe our position in the Visionary Quadrant of Gartner's Magic Quadrant for MDM further affirms and reinforces eMeter as the vendor that is continuing to grow, lead and innovate. It was an honor to be recognized as a Visionary prior to the acquisition by Siemens (News - Alert). Now eMeter and Siemens look forward to working together to extend our leadership position to new areas such as analytics in the near future," said Gary Bloom, CEO of eMeter. "eMeter has built a strong system integration partnership program and is rapidly expanding outside of North America and Europe to Asia/Pacific and even Latin American energy markets, further strengthening our reputation as a global leader."

Read a related article at TMCnet “Siemens to acquire smart grid software provider eMeter.”