Energyworx positioned as the only Visionary in Gartner’s Magic Quadrant

Energyworx positioned as the only Visionary in Gartner’s Magic Quadrant for Meter Data Management Products

January 29th, 2018 by Energyworx

Selecting the right Meter Data Management (MDM) product in a rapidly maturing technology market shaped by global trends, such as IoT, is a challenge for CIOs focused on digital utility transformation. To help CIOs and IT leaders understand vendors’ capabilities and deployment risks, Gartner updates their Magic Quadrant regularly with MDM product positioning.

We’re proud Energyworx has been positioned, as the only vendor in the Visionaries quadrant, in Gartner’s December 2017 Magic Quadrant for Meter Data Management Products.

As noted in the report, “the market considered for this Magic Quadrant consists of utilities seeking products for managing metered consumption data. Consumption data managed in these products can be used across the enterprise and shared with customers, partners, market operators and regulators. For the purpose of this Magic Quadrant assessment, meter data management (MDM) products are IT components of the advanced metering infrastructure (AMI). These products are responsible for cleansing, calculating, providing data persistency, and disseminating consumption and event data obtained from meters installed on delivery points.”

Energyworx goes beyond meter-to-cash with context enriched data gathering and out-of-the-box features for data exploration and analytics supporting business capabilities across the energy value chain delivering monetizable and actionable insights.

Our pay-per-use model can grow with your business and brings a low threshold and non-intrusive MDM solution with smart features. Our unique intelligence capabilities have proven to be the most cost effective solution in the industry, lowering overall costs of competitive solutions with at least 75%. Energyworx can ingest any datasource instantly triggering its Validation, Estimation and Editing (VEE) algorithms using our flow engine to automatically improve data quality, correct faulty values and produce the required results. On top of that, any algorithm – from our standard library or custom created – can be plugged in easily to be processed by our flow engine. This allows our customers to not only improve existing processes but also create new business capabilities with the same data to enable and speed up their digital transformation.

Source: https://www.gartner.com/doc/3841464?ref=shareSummary

Gartner does not endorse any vendor, product or service depicted in its research publications, and does not advise technology users to select only those vendors with the highest ratings or other designation. Gartner research publications consist of the opinions of Gartner’s research organization and should not be construed as statements of fact. Gartner disclaims all warranties, expressed or implied, with respect to this research, including any warranties of merchantability or fitness for a particular use.

Image source: Envato Elements

— Energyworx

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