TORONTO, Aug. 11, 2015 /CNW/ - Redknee Solutions
Inc. (TSX: RKN), a leading provider of real-time monetization
and customer management software, is pleased to announce its
partnership with Elster, a market leader in Smart Grid and Energy
Management Solutions. This strategic agreement is to deliver an
end-to-end prepayment solution for the utilities sector that
combines the Redknee Connected Suite for smart utility billing and
Elster's smart grid software solutions. The joint offering
will be available across the Asian, European and South American
markets and will provide an advanced and differentiated option for
energy providers to increase revenues, improve profitability and
enhance the customer experience.
Elster's smart grid software solutions provide utilities with a
unified and simple approach for securely collecting, processing,
storing and managing smart grid data. The software eliminates
challenges that arise for utilities operating separate data
collection and management systems, and its built-in workflow
automation and guided decision-making are designed to enhance
operator productivity and reduce the cost and complexity of utility
operations. Elster covers the entire energy value chain from smart
meter platforms to meter data management solutions giving utilities
confidence that all the elements of Elster's solutions are
interoperable.
The Redknee Connected Suite rates and bills data from smart
meters and Home Energy Management Systems (HEMS) in real-time. It
enables energy providers and utilities to seamlessly manage
pre-paid energy accounts by remotely connecting and disconnecting
smart meters, managing load reduction and balancing control. Energy
providers can enhance the client experience by allowing customers
to make payments to their pre-paid energy accounts, receive
notifications and access energy consumption information, in
real-time, using their smartphones or other mobile devices.
Kim Arlund Nørgaard, Global Head of Solutions at Elster
commented:
"At Elster our vision is to provide a single, unified multi-vendor,
multi-network application suite that caters to all scenarios, and
our partnership with Redknee is a major step in this direction. By
integrating our adaptive smart grid software suite with Redknee's
flexible real-time software, we are effectively combining
best-of-breed software to provide a new, innovative energy
solution, which will enable our customers to reduce costs and
resource consumption, and to evolve with smart meters and smart
grids."
Lucas Skoczkowski, CEO at Redknee commented:
"Redknee is pleased to partner with Elster to provide an innovative
prepayment energy solution. This strategic agreement emphasizes
Redknee's ability to support the connected digital economy, and to
address new opportunities for growth with our proven converged
charging, billing and customer care solutions. The utilities sector
and other verticals such as retail and transportation are
increasingly providing avenues for service providers to increase
revenues, increase customer loyalty and improve time to market. We
continue to invest in our real-time software to advance our
position as the provider of choice for monetization and subscriber
management solutions."
Redknee's flexible and scalable solution provides customer care,
real-time analytics, billing and real-time rating for various smart
services. It enables service providers to monetize digital services
and deliver bundled offers and promotions across various industry
verticals, including utilities, smart homes and transportation. The
platform also provides partner billing and settlement to manage the
complex Internet of Things (IoT) partner ecosystem.
About Redknee:
Redknee monetizes today's digital
world. We provide a complete portfolio of mission-critical
monetization and subscriber management solutions and services that
allow communications service providers, utility companies, auto
makers and enterprise businesses of all types to charge for things
in new and innovative ways. Redknee's real-time billing, charging,
policy and customer care offerings provide the agility and
scalability to drive a unique user experience, increase
profitability and support any new product or business model.
Available on premise, cloud-based, or as a Software-as-a-Service,
Redknee's low-risk, flexible solutions power more than 250
businesses across the globe. Established in 1999, Redknee
Solutions Inc. (TSX: RKN) is the parent of the wholly-owned
operating subsidiary Redknee Inc. and its various subsidiaries.
References to Redknee refer to the combined operations of those
entities. For more information about Redknee and its solutions,
please go to www.redknee.com.
About Elster:
Elster delivers complete secure smart
grid and energy management solutions that drive energy efficiency,
operational improvements and cost savings for utilities, commercial
and industrial customers and consumers. Elster uses its speed and
agility to drive interoperability and open standards and
strategically collaborates with customers and partners.
Its end-to-end electricity, water and gas offerings include
advanced meters/sensors, secure communications, and data
collection, management and analytics. Elster is dedicated to
customer success in more than 130 countries through Elster's
professional integration services, technical support and training.
For more information about Elster, please visit
www.elstersolutions.com
SOURCE Redknee Solutions Inc.