business news

Landis+Gyr enters into a strategic agreement with Vodafone Business

Date: September 17, 2020 Nandita Bhardwaj Nandita Bhardwaj
Landis+Gyr enters into a strategic agreement with Vodafone Business 
Integrated energy management solutions provider, Landis+Gyr, has reportedly entered into a strategic global partnership with IoT leader, Vodafone Business. The agreement will benefit Landis+Gyr utility clients from the company’s Gridstream Connect solution via the effective deployment of Vodafone Business’ IoT services.



Sources state that Landis+Gyr intends to deliver secure and reliable services giving access to numerous carrier networks without the hassle of the need to manage multiple subscription contracts. The worldwide nature of the partnership focuses on providing seamless access to over 400 networks in 180 countries through the utilization of a single subscriber identity profile.



According to Vinod Kumar, the CEO of Vodafone Business, IoT is the answer for the digitalization of the utilities sector, adding that connecting assets will help for the better management and safe integration of renewable energy sources into power grids, thus helping the reduction of carbon footprints. The company firmly believes that such advances in cellular networking technology will assist more and more enterprises in becoming resilient, future-ready, and sustainable, added Kumar.



Reports state that this agreement will effectively benefit Landis+Gyr utility clientele from enhancements in management and the deployment speed of cellular smart grid devices via the deployment of IoT zero-touch capacity. The agreement will also provide unprecedented low-power wide-area (LPWA) technology capacities, in turn delivering the ability for seamless transition to 5G networks in accordance with the time and location of network availability.



Werner Lieberherr, the CEO of Landis+Gyr, has opined that this collaboration will enable both companies in meeting the unique customer requirements of the present and the future. He has further stated that together, the two companies will be equipped to provide longevity and service quality for the purpose of matching utility asset lifecycles and creating the base for interactive smart grids. This will effectively allow the company’s clientele, energy consumers, and complete communities to manage energy in a more informed manner, in turn creating a positive effect on the environment, added Lieberherr.



 



Source Credits:



https://www.prnewswire.com/news-releases/landisgyr-and-vodafone-business-announce-groundbreaking-partnership-to-deliver-innovative-cellular-iot-capabilities-for-energy-management-301131625.html

About the author

View All Posts

Nandita Bhardwaj

Nandita holds a management degree with specialization in marketing, and boasts of a short-term experience in the field of recruitment. Following her passion for writing however, she decided to pursue a career in the field of content development. Presently, Nandita pens down news pieces for newsorigins.com, spanning the verticals of business, finance, and technology.