Ericsson has won a deal to provide energy company E.ON Sweden with its smart metering solution.

The five-year deal will see Ericsson gather data from more than 600,000 metering points, which will then be provided on a daily basis to E.ON's internal IT environment.

E.ON is one of the world's largest investor-owned power and gas companies with global revenues of €132 billion.

Ericsson’s solution combines managed services, consulting and systems integration services and includes meter reading and control, meter management, meter monitoring, Service Layer Agreement (SLA) management, work force management, asset management, business process management, as well as field services and an operations center.

Smart grids form part of the company’s Global Services division, which is increasingly looking at areas beyond its core telecoms customers.

Last year, revenues at the business unit grew 16 percent to €11.3 billion.

Ericsson already supplies clients in Estonia and Italy with smart grids solutions and services, which are becoming a priority in a number of countries, including EU and the US, and will “eventually create a smart energy network that manages a huge amount of data in 24-hour intervals”, according to the vendor.

This will open “new opportunities for efficient grid and consumption management as well as a seamless integration of locally produced renewable energy into the infrastructure”, it added.

Have you taken our second annual customer experience survey? Click here to share your views

More News

Altice thanks USA for sales, profits growth Altice thanks USA for sales, profits growth Altice Group has shrugged off "aggressive" competition in France and falling profits in Portugal to post a 6.9 percent increase in its bottom line, thanks to the performance of its US arm. More detail
Proximus's BICS issues abide, as Q2 reveals flat profits Proximus's BICS issues abide, as Q2 reveals flat profits Proximus's wholesale arm continued to weigh down its financials, as customer acquisition struggled to lift the bottom line. More detail
Former TIM CEO drops mic upon exit with improved sales, profits Former TIM CEO drops mic upon exit with improved sales, profits Former Telecom Italia CEO Flavio Cattaneo has said he "left the company better than I found it" with sales and earnings increasing for the first half of 2017. More detail
BT pays off DT, Orange as Italy fallout hits Q1 profits BT pays off DT, Orange as Italy fallout hits Q1 profits BT has paid £225 million to Deutsche Telekom and Orange over its Italian accounting scandal and shaken up its management team with a new consumer business led by mobile arm EE's CEO. More detail
TIM aims to become “technological heart” for smart home with product launches, new look for retail TIM aims to become “technological heart” for smart home with product launches, new look for retail TIM has launched the TIM Home ecosystem, introducing a range of new products including a modem and a TV decoder. More detail
    

@eurocomms