Sensus buys smart grid company Veerdeeco
Specific applications in the Verdeeco portfolio include transformer use, load aggregation and alert and alarm management
Sensus has enhanced its data analytics portfolio by acquiring Atlanta-based Verdeeco, a smart grid analytics company offering big data solutions for electric, water and gas utilities. Verdeeco will remain a separate brand but operate as part of Sensus.
Utilities gathering data from smart sensors, including meters, and external sources such as weather reports, 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 use, load aggregation and alert and alarm management.
The Verdeeco suite of products, services and applications enables utilities to aggregate data from smart meters, SCADA systems, customer billing software, news services and a myriad of other sources. All of the applications are hosted in a secure cloud by Verdeeco’s Grid as a Service platform.
Cloud-based management requires a lower upfront capital investment, offers a reduced cost of ownership and enables the utility to take advantage of new software functionality. Utilities can maximize the value of their investment in communication networks and advanced network applications through data analytics that improve operations, reduce cost and enhance customer service.