Landis+Gyr to buy utility analytics company GRIDiant Corp.
GRIDiant's analytics suite will be integrated into Landis+Gyr's advanced metering infrastructure
Landis+Gyr signed an agreement to acquire GRIDiant Corp., a utility analytics company focused on the electric distribution grid. This transaction will expand Landis+Gyr's software analytics portfolio, further enhance end to end solution capability and underscores the company's commitment to becoming a global leader in smart grid technologies and products.
Advanced grid analytics enable utilities to extract business value from large data sets, as smart meters and other grid devices provide more timely and in-depth information about their distribution networks.
Utilities implementing these tools can use this information to improve reliability, enable renewable energy resource integration, and enhance customer service. GRIDiant's analytics suite will be integrated into Landis+Gyr's advanced metering infrastructure (AMI), distribution grid management and cloud-based solutions for utility customers.
The influx of data from advanced metering, intelligent sensors and other distribution devices can challenge a utility's ability to utilize data for planning and operational performance. Landis+Gyr's advanced analytic offering will help correlate data collected from the smart grid network with other enterprise data to improve efficiency, streamline operations and facilitate a more rapid decision making process.