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  • ugecan99 Sep 16, 2013 8:53 AM Flag

    Landis+Gyr Wins Biggest Smart-Meter Contract in U.K.

    Landis+Gyr won a 600 million-pound ($956 million) contract to supply smart meters in the U.K., the biggest single order for the devices that measure gas and power use in real time.

    Sentiment: Strong Buy

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    • ugecan99 Sep 17, 2013 11:39 PM Flag

      The majority of British Gas’ 16 million smart meters to be supplied by Landis+Gyr.
      Landis+Gyr expects to double its UK workforce as a result.
      British Gas Smart Energy Experts to be recruited to install meters.
      British Gas customers are set to benefit from a £600m deal between British Gas and Landis+Gyr. The landmark deal, announced today, means Landis+Gyr will supply the majority of the 16 million smart meters British Gas will install in its customers’ homes.
      By 2020 smart meters will be rolled out as standard to homes and businesses across the country as part of a Government initiative. They will replace current gas and electricity meters and offer the benefits of:
      · An in-home display showing how much gas and electricity is being used as customers are using it – and the cost in pounds and pence
      · Estimated savings of around 5% (£65) per year1
      · Meter readings sent directly to energy suppliers, putting an end to estimated bills
      British Gas adopted a strategy to introduce smart meters into homes and businesses early in order to bring these benefits to customers as soon as possible, and currently leads the industry with more than a million meters already installed in customers’ homes and businesses.
      Today’s announcement shows the scale and pace of British Gas’ investment to bring the technology to all its customers as soon as possible.
      Chris Weston, Managing Director of British Gas, said: “Smart meters herald a new era for energy customers, bringing a transformation in the way they can manage energy use in their homes and businesses. Our £600m investment in Landis+Gyr’s smart metering solutions means we can provide smart meters cost-effectively to our customers, and bring them the benefits of this innovative technology as soon as possible.
      “British Gas is leading the industry in the deployment of smart meters as part of our commitment to reshaping the energy industry for the digital era, making it easier for customers to understand their energy use and

      Sentiment: Strong Buy

      • 1 Reply to ugecan99
      • ugecan99 Sep 17, 2013 11:51 PM Flag

        keep bills under control.”
        Andreas Umbach, CEO, Landis+Gyr, said: “We’ve been working with British Gas for the last three years to develop smart meters for its customers. This is the largest deal of its kind worldwide and sets a new industry standard for working in partnership. It allows us to achieve significant economies of scale in meter production, to expand our UK operations and to further establish the UK as a global centre of smart energy excellence. This is great news for the industry and for our employees.”
        As a result of the deal announced today, Landis+Gyr expects to double its 600-strong UK workforce and extend its manufacturing facilities to meet not only the demands of British Gas’s roll-out, but also those of its other UK customers as the roll-out gathers pace.
        British Gas has already announced more than 1,000 roles for Smart Energy Experts who will install smart meters and provide energy efficiency advice to households. Today’s announcement paves the way for the recruitment of 500 Smart Energy Experts in 2014.
        Notes to editors:
        1. The average British household would save over £65 per year (£65.50) based on the 5% reduction in energy usage calculated by Oxford Economics, given the average annual dual fuel bill of £1,310 according to Ofgem. This does not take account of inflation or any change in energy prices.
        2. Today’s announcement is in line with the pricing originally estimated in the Government’s Impact Assessment for the smart meter roll-out. This, in conjunction with recent DECC announcements regarding the award of contracts for the central communications infrastructure at lower costs than government estimates, should give confidence that the overall industry programme will be delivered within budgeted costs.
        3. British Gas and Landis+ Gyr have worked closely with a wide range of partners, including technology providers Trilliant and GEO, to develop the existing smart metering infrastructure for British Gas’ customers. The results

        Sentiment: Strong Buy

    • Im sure Burdiek is smiling...and so should we...

    • With the CalAmp certification, I'd say this is a pretty Bullish signal!

      Sentiment: Hold

    • ugecan99 Sep 16, 2013 8:56 AM Flag

      Landis+Gyr will probably double its 600-person U.K. workforce as a result of the agreement, according to a statement e-mailed by British Gas, which itself may add 500 workers after already announcing 1,000 smart-energy jobs.

      “This is the largest deal of its kind worldwide and sets a new industry standard for working in partnership,” Landis+Gyr Chief Executive Officer Andreas Umbach said in the e-mail. “It allows us to achieve significant economies of scale in meter production, to expand our U.K. operations and to further establish the U.K. as a global center of smart energy.”

      The meters will be installed from now to 2020. The devices may save customers an estimated 5 percent of their energy bills, or 65 pounds a year, not including inflation, British Gas said.

      Sentiment: Strong Buy

      • 1 Reply to ugecan99
      • ugecan99 Sep 16, 2013 9:04 AM Flag

        OXNARD, CA, Apr 29, 2011 (MARKETWIRE via COMTEX) --

        CalAmp Corp. (NASDAQ: CAMP), a leading provider of wireless products, services and solutions, announced today that Landis+Gyr has successfully verified compatibility of its Gridstream(TM) smart grid solution with private and public wide area network products from CalAmp.

        Landis+Gyr successfully completed testing of three data back-haul solutions from CalAmp, including the Vanguard 3G for use with cellular networks, the Viper SC for private RF networks in licensed bands, and the Phantom II for unlicensed 902-928 MHz networks. Following testing, Landis+Gyr certified the products as interoperable with the Gridstream RF network.

        "The certification of CalAmp's wide area network products provides our Gridstream solution with more tested options for bringing data back to the utility," said Jeff Carkhuff, Vice President of Product Management at Landis+Gyr. "This is another example of how we integrate with technologies that offer the best performance and cost effectiveness for each application."

        "Our networking products for smart grid communications offer near-real time network access with industrial-class security," said Rick Nozel, Senior Vice President of Sales and Marketing for CalAmp's wireless networks business. "We're excited to work with an industry leader like Landis+Gyr to provide utilities with a tested system that will connect right out of the box."

        Landis+Gyr's Gridstream network provides a complete smart grid solution for advanced metering, distribution automation and personal energy management. CalAmp develops and markets wireless communications solutions that deliver data, voice and video for critical networked communications and other applications.

        Sentiment: Strong Buy

16.41-0.09(-0.55%)Sep 29 4:00 PMEDT