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Press Release07 April 2022Smart InfrastructureZug
Silicon Valley Power uses cloud to amp up its savings
Siemens´ EnergyIP MDM SaaS includes regular software upgrades, new features, and maintenance like bug fixes and security updates – all done by Siemens in the cloud.
“The SaaS option for EnergyIP MDM really gave us the
best of both worlds,” says Tim Lynch, Silicon Valley Power’s electric division
manager. “We could upgrade our system virtually while also reducing our cost of
ownership. Plus, moving to the cloud has lightened the workload significantly
for our infrastructure staff and will provide additional process efficiency
improvements.”
The new user interface available in EnergyIP MDM SaaS
will help streamline operations for Silicon Valley Power and make accessing and
monitoring data faster and more efficient. This ease-of-use is estimated to
save staff almost 85% of the time formerly spent doing everyday tasks and
routines – translating into potential cost savings of roughly $100,000 per
year.
Pre-installed and pre-built, MDM SaaS from Siemens
uses AWS cloud platform to host utilities’ data. Utilities pay a
subscription fee for using the system and obtaining high quality data for
billing. The service offering is
compatible with any manufacturer’s smart meter, and it can work for any size
utility with the ability to scale as required. The
service includes regular software upgrades, new features, and maintenance like
bug fixes and security updates – all done by Siemens in the cloud.
“We are proud that Silicon Valley Power has chosen
Siemens EnergyIP MDM SaaS offering to support its transition to SaaS for grid
operations,” said Sabine Erlinghagen, CEO of Grid
Software at Siemens
Smart Infrastructure. “The
benefits of this transition to the cloud are that users don´t have to deal with
infrastructure, hardware, or system upgrades any more. As maintenance with
real-time software and security updates is part of the subscription service, the
meter data management system is kept cyber resilient, too. We are looking
forward to working with Silicon Valley Power on this trendsetting project for
grid operations.”
APPA (American
Public Power Association) recently recognized Silicon Valley Power with a
two-year Smart Energy Provider designation for demonstrating a
commitment to and proficiency in energy efficiency, distributed generation and
environmental initiatives that support the goal of providing safe, reliable,
low-cost and sustainable electric service.
For more
information about Siemens Smart Infrastructure, see
www.siemens.com/smartinfrastructure
www.siemens.com/smartinfrastructure
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Siemens Smart Infrastructure (SI) is shaping the market for intelligent, adaptive infrastructure for today and the future. It addresses the pressing challenges of urbanization and climate change by connecting energy systems, buildings and industries. SI provides customers with a comprehensive end-to-end portfolio from a single source – with products, systems, solutions and services from the point of power generation all the way to consumption. With an increasingly digitalized ecosystem, it helps customers thrive and communities progress while contributing toward protecting the planet. SI creates environments that care. Siemens Smart Infrastructure has its global headquarters in Zug, Switzerland, and has around 72,000 employees worldwide.
Siemens AG(Berlin and Munich) is a technology company focused on industry, infrastructure, transport, and healthcare. From more resource-efficient factories, resilient supply chains, and smarter buildings and grids, to cleaner and more comfortable transportation as well as advanced healthcare, the company creates technology with purpose adding real value for customers. By combining the real and the digital worlds, Siemens empowers its customers to transform their industries and markets, helping them to transform the everyday for billions of people. Siemens also owns a majority stake in the publicly listed company Siemens Healthineers, a globally leading medical technology provider shaping the future of healthcare. In addition, Siemens holds a minority stake in Siemens Energy, a global leader in the transmission and generation of electrical power.
In fiscal 2021, which ended on September 30, 2021, the Siemens Group generated revenue of €62.3 billion and net income of €6.7 billion. As of September 30, 2021, the company had around 303,000 employees worldwide. Further information is available on the Internet at www.siemens.com.