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Overview
Landis+Gyr is a globally recognized provider of integrated energy management solutions, specializing in advanced metering, smart grid innovations, and comprehensive energy analytics. With a legacy dating back to 1896, the company has consistently delivered technologies that empower utilities to improve grid reliability, optimize energy consumption, and streamline operational performance. Its portfolio encompasses state-of-the-art software, services, and intelligent sensor technologies that are at the forefront of decarbonizing energy grids worldwide.
Core Business Areas
The company’s core business is anchored in three primary areas. First, it develops and deploys advanced metering infrastructure (AMI) that facilitates detailed interval energy usage data for consumers and utilities alike. Second, it offers robust meter data management systems (MDMS) that enable real-time data processing and secure, end-to-end management of utility operations. Third, through its grid-edge solutions and distributed energy resources management systems (DERMS), Landis+Gyr supports sophisticated grid monitoring and automated control that enhance the operational resilience of utility networks.
Integrated Technologies and Services
Landis+Gyr distinguishes itself through a highly integrated suite of products and services that are designed to meet the multifaceted demands of modern utility operations. The company leverages key technological components including:
- Smart Grid Sensors: Devices that continuously monitor and capture grid data, ensuring precise energy management and immediate fault detection.
- Advanced Metering Solutions: Cutting-edge meters that not only measure consumption but also provide real-time analytics to drive operational insights.
- Meter Data Management Systems: Comprehensive software platforms that harmonize data from millions of meters, offering utilities enhanced metrology and billing capabilities.
- Grid-edge Intelligence: Integrated solutions and industry-grade applications that enable effective management of distributed energy resources and demand response initiatives.
Operational Excellence and Industry Impact
Underpinned by decades of expertise, Landis+Gyr maintains a reputation for operational excellence. The company’s solutions are pivotal in creating advanced energy networks that reduce consumption and promote efficiency. By harnessing high-resolution data and employing rigorous analytics, its systems provide actionable insights that allow utilities to optimize load management, monitor power quality, and streamline grid operations.
Partnerships and Collaborative Projects
Landis+Gyr’s ability to seamlessly integrate hardware with data-driven software solutions has led to key strategic partnerships with industry players such as Utility Partners of America and OATI. These collaborations enable large-scale deployments of advanced metering and network infrastructure projects, highlighting the company's commitment to enhancing grid resiliency and enabling flexible demand management. Through such joint initiatives, the company continuously evolves its service offerings to address the complexities of modern energy distribution and consumption.
Legacy and Global Expertise
With over a century of experience, Landis+Gyr stands as an enduring figure in the energy technology sector. Its time-tested solutions have not only transformed utility operations but have also played a significant role in community investments and technological advancements globally. By consistently delivering reliable, secure, and innovative energy management platforms, the company has earned the trust of utilities and consumers alike.
Technological Innovation and Market Position
The integration of advanced metering with intelligent sensor technology and sophisticated analytics platforms positions Landis+Gyr at the forefront of the smart grid revolution. The company’s offerings are designed to handle diverse energy use cases—from interval energy monitoring and load disaggregation to voltage management and outage resolution. Its suite of solutions supports a broad range of customers, including investor-owned utilities, municipal utilities, and industrial energy users, ensuring versatile application across varying market segments.
Conclusion
In summary, Landis+Gyr embodies decades of technological innovation and industry expertise. Through its comprehensive suite of integrated products and services, it has facilitated a transformation in how energy is managed and utilized. The company continues to serve as a critical enabler for utilities looking to modernize their operations, enhance grid resilience, and embrace the evolving needs of a digital energy ecosystem.
Landis+Gyr Technology Inc. has secured a contract with Otter Tail Power Company to supply advanced metering infrastructure, software, and services to enhance the utility's energy grid across Minnesota, North Dakota, and South Dakota. The agreement entails the delivery of 175,000 advanced meters and a 20-year SaaS contract for data management and analytics. This initiative aims to improve outage management and empower consumers with better energy management through Landis+Gyr's innovative Revelo meters, highlighting the company's commitment to smart energy solutions.
Landis+Gyr Group AG announced the appointment of Sean Cromie as the new Executive Vice President and Head of Americas, effective January 1, 2022. Cromie, who joined the company in June 2020, has streamlined operations and stabilized the supply chain. His predecessor, Prasanna Venkatesan, will transition to the role of Executive Vice President Strategy. Venkatesan has significantly influenced the Americas region, ensuring strategic growth opportunities. This leadership change aims to enhance customer commitments and innovation in energy management solutions.
Landis+Gyr Group AG has announced the sale of its 16.8% stake in Intellihub Operations Pty Ltd for over AUD 310 million. The buyer, Brookfield, will collaborate with Pacific Equity Partners in this venture. The deal, expected to close by the end of February 2022, is projected to yield over USD 220 million for Landis+Gyr, although capital gain tax in Australia and stamp duty in Switzerland will partially offset this amount. Landis+Gyr's CEO highlighted the significance of this transaction in supporting the company's strategic growth in energy management solutions.
Landis+Gyr announced its unaudited financial results for the first half of FY 2021, revealing a strong performance amidst COVID-19 challenges. Key metrics included:
- Order intake of USD 1,786.9 million with a book-to-bill ratio of 2.55, driven by major US contracts.
- Net revenues increased by 9.1% YoY to USD 700.9 million.
- Adjusted EBITDA grew 41.3% to USD 70.8 million, with a margin of 10.1%.
- Net income reached USD 35.0 million, or USD 1.21 per share, compared to a loss in H1 FY 2020.
- Guidance for FY 2021 confirmed, but results expected towards the lower end due to supply chain issues.
Landis+Gyr Technology has inked a five-year contract with Louisville Gas and Electric and Kentucky Utilities to implement advanced metering and smart grid infrastructure. This deal includes 930,000 electricity meters and 300,000 gas modules, along with necessary network equipment and software. The technology aims to enhance service reliability and enable customers to better manage energy use. The project, approved by the Kentucky Public Service Commission, highlights Landis+Gyr's role in modernizing Kentucky's energy system, offering a comprehensive IoT network for energy distribution.
Landis+Gyr Technology Inc. has partnered with AES Ohio to implement a comprehensive grid modernization initiative. This includes the installation of approximately 500,000 smart meters and the deployment of the Gridstream® Connect IoT platform, enhancing both grid management and customer engagement. The project will leverage Landis+Gyr's cloud services and Vodafone Business IoT for coverage across AES Ohio's service area. This initiative marks a significant investment in smart energy applications to improve system resiliency and customer service.
Landis+Gyr will host the 2021 Exchange User Conference from May 11-13, marking its 15th anniversary and first all-virtual format. The event aims to tackle energy management challenges faced by utilities, with over 1,000 participants from 260 companies and 18 countries. Key discussions include the impact of electrification and clean energy mandates on utilities, innovation in collaboration with Google, and strategies for navigating change. The conference will feature 25 sessions, technology forums, and networking opportunities to foster collaboration and knowledge sharing among industry experts.
On March 31, 2021, Landis+Gyr announced a contract with Puget Sound Energy (PSE) to enhance PSE's smart grid capabilities by adding street light control systems. Over the next five years, PSE plans to deploy 25,000 smart street light controllers using Landis+Gyr's Gridstream® AMI network. These controllers will allow for energy-efficient lighting control and metered billing. The software managing these systems will be hosted by Landis+Gyr, providing PSE with tools to monitor and optimize energy consumption.
Landis+Gyr has been selected by Polk-Burnett Electric Cooperative to implement new smart grid and metering technology as part of an advanced grid initiative. This two-year project will replace the existing metering system with Landis+Gyr's Gridstream® RF Mesh Network, deploying over 26,000 advanced meters. The cooperative aims to improve reliability and energy efficiency for its 21,000+ members. The implementation will enhance outage management, customer service, and resource planning through effective energy data sharing.
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