|[October 04, 2011]
Echelon to Deliver Easy-to-Deploy Smart Grid Intelligence with Oracle
AMSTERDAM --(Business Wire)--
Echelon Corporation (NASDAQ:ELON)
today announced they have teamed with Oracle (News - Alert) to help utilities better
manage outages, protect revenue, offer demand response, and offer
prepayment options. The Oracle Utilities Smart Grid Gateway (News - Alert) integrated
proven smart metering solution allows utilities to quickly and
reliably deploy multiple applications to manage their assets and
"European Union member states are required to have 80 percent of
consumers equipped with a smart meter by 2020," said Bastian Fischer,
vice president industry strategy, EMEA, Oracle Utilities. "Utilities
need to act now even though regulations, standards and available
technology will change, so they are looking for an open,
multi-application solution that will grow with them over time. Oracle
and Echelon are pleased to offer a highly flexible solution that is
adaptable to changing customer, operations and regulatory needs."
With an increasing number of outages and growing demand for energy and
renewable integration, utilities need to manage new dynamics at the edge
of the grid. Real-time consumption and generation information is needed
to quickly diagnose and respond to problems and control devices.
Flexibility is needed to deploy new customer offerings such as
prepayment plans. In the combined solution, Echelon control nodes (data
concentrators or Edge
Control Nodes) running the COS
Operating System aggregate data from Echelon
meters or other smart devices deployed on the low-voltage grid.
based system software intelligently aggregates and pre-processes the
data from these control nodes, where they are passed to the Oracle
Utilities Smart Grid Gateway. The Smart Grid Gateway then presents this
data in a unified fashion to Oracle's suite of applications. The result
is a quick, easy and reliable deployment for utilities.
"Utilities need the ability to collect data from the field to diagnose
problems faster and the ability to turn that data into actionable,
distributed intelligence," said Michael Anderson (News - Alert), senior vice president
for utility sales and market development at Echelon. "The Echelon/Oracle
solution addresses this by combining two best-of-breed solutions to help
utilities better manage outages and protect revenue."
The Oracle/Echelon solution is currently available and will be on
display and demonstrated at Metering Europe in Booth F56 and F50.
About Echelon Corporation
Echelon Corporation (NASDAQ:ELON)
is the world's leading open-standard energy control networking company.
Echelon technologies connect more than 35 million homes, 300,000
buildings and 100 million devices to the smart grid, and help customers
save 20% or more on their energy usage. With more than 20 years of
experience in energy control, Echelon delivers a wide range of
innovative solutions to commercial and electric utility customers. More
information about Echelon can be found at http://www.echelon.com.
Oracle and Java are registered trademarks of Oracle and/or its
affiliates. Other names may be trademarks of their respective owners.
Echelon and the Echelon logo are registered trademarks of Echelon
Corporation registered in the United States and other countries. Other
product or service names mentioned herein are the trademarks of their
This press release may contain statements relating to future plans,
events or performance. Such statements may involve risks and
uncertainties, including risks associated with market acceptance of
Echelon's technology by itself or combined with Oracle applications, do
not perform as designed or do not offer the expected benefits and
savings; and other risks identified in Echelon's SEC (News - Alert) filings. Actual
results, events and performance may differ materially. Readers are
cautioned not to place undue reliance on these forward-looking
statements, which speak only as of the date hereof. Echelon undertakes
no obligation to release publicly the result of any revisions to these
forward-looking statements that may be made to reflect events or
circumstances after the date hereof or to reflect the occurrence of
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