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For nearly 30 years the company is providing solutions to electric, gas and water utilities worldwide to enable them to optimize the delivery and use of energy and water. Their solutions include electric meters, handheld computers, mobile and fixed network automated meter reading (AMR), advanced metering infrastructure (AMI), water leak detection and related software and services. Additionally, the company sells enterprise software to manage, analyze and forecast important utility data.

Market Overview

The company markets all the products and services to utilities in the United States and Canada and the estimated market includes approximately 4,400 electric and gas utilities and over 60,000 water utilities. In addition to the United States and Canada, it markets electricity metering products, meter data collection systems and software knowledge applications to utilities in a number of countries around the world.

Electricity Meters

In the United States and Canada, there are approximately 150 million electricity meters, of which approximately 135 million are residential. Electricity metering industry growth has traditionally been driven by new construction and replacement of old meters. Metering products are critical components of an electric utility’s distribution infrastructure and, as such, meter purchases for new construction and normal meter replacements are typically not affected by factors that influence overall utility capital spending. The U.S. electricity metering market has shown consistent growth between 3% and 5% annually.

Meter Data Collection

In addition to the approximately 150 million electricity meters, there are approximately 75 million gas meters and 80 million water meters in the United States and Canada. The compounded annual growth rate for AMR in North America averaged 15% from 2001 through 2006. The annual growth rate has ranged from a peak of 31% in 2001, a reduction of 7% in 2004 and growth of 21% in 2006. The development of AMI technology could impact this growth in future periods.


The company provides software for meter data collection, workforce management, meter data management and other more advanced knowledge applications. In addition to software, it offers professional services for the implementation, system testing and integration of software as well as consulting, training, maintenance and software hosting.


The primary competitors in the North American electricity metering industry are Elster Metering, Landis+Gyr AG, General Electric Company and Sensus Metering Systems Inc. These competitors offer a broad range of electricity meters for both residential and C&I use, and some also offer AMR technology. Elster Metering, Landis+Gyr AG, General Electric Company and Sensus Metering Systems, Inc. offer electronic residential electricity meters.


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