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LogicaCMG partners with T-Mobile to bring its Instant Energy prepay metering service to the UK market
November 3, 2005
LONDON -- LogicaCMG today announces that it has partnered with T-Mobile to bring its Instant Energy service to the UK market. Instant Energy is a new service that revolutionises prepayment metering for gas and electricity customers by removing the need for traditional meter cards and keys. T-Mobile will wirelessly enable the Instant Energy service using its proven and robust network and SMS messaging platform.
Instant Energy is a true machine-to-machine service that will radically transform prepayment metering for suppliers whilst significantly improving the customer experience. The service is enabled by GSM smart meters, developed co-operatively by LogicaCMG and meter manufacturer Iskraemeco, and an innovative mix of hardware, software and communications technology.
By using a GSM communications infrastructure, communication with the meters is real-time on-demand enabling a supplier to control and gather information from the meter as and when required. Instant Energy enables a supplier to read, configure and control the meter without the need for costly site visits. This ground-breaking approach means that prepayment metering will become a more cost effective way of managing customer payment and debt. Instant Energy will streamline business processes for energy suppliers and reduce the cost-to-serve by up to 20 per cent.
Rick Hanks, principal consultant, energy and utilities at LogicaCMG UK said: “With Instant Energy, LogicaCMG is taking innovative machine-to-machine technology and applying it for best value in the utilities marketplace. The real-time nature of the product enhances the operational data quality received, providing energy suppliers with the means to monitor and bill accurately, whilst reducing fraud and misdirected payments – a problem that currently costs the industry £150 million in outstanding payments a year.”
Simon Ainslie, Director of Business Sales, commented: “T-Mobile's partnership with Logica CMG delivers an innovative service that clearly demonstrates how large business can both reduce their costs and differentiate their service to customers through wireless enablement. We see the energy sector as a key sector for Wireless M2M and this agreement strengthens our performance in this strategically important industry.”
LogicaCMG plc
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