Landis+Gyr Signs Meter Data Management Services Agreement with U.S. Utility for Modernization of Existing Software Infrastructure
Landis+Gyr Group AG / Key word(s): Contract
Cham, Switzerland – January 31, 2023 – Landis+Gyr Technology Inc., a subsidiary of Landis+Gyr Group AG (SIX: LAND), and a U.S. investor-owned utility, have entered into a new agreement regarding the modernization of the utility’s metering software infrastructure. The utility’s plans to undertake such modernization is still subject to regulatory approval.
The 20-year agreement includes meter data management software, Software as a Service, and services to support the utility’s 500,000 legacy one-way communicating electric meters and the project will include more than 500,000 next generation smart metering devices in the future.
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