PV NEWS June Europe s largest energy company E.ON chooses GENERIS system

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1 PV NEWS June 2012 Europe s largest energy company E.ON chooses GENERIS system Process Vision positioned in industry analyst s Magic Quadrant for meter data management products New organization to meet the needs of a larger energy group

2 Opening words Opening words Here in Finland we enjoyed a beautiful snowy winter and now as the summer sun is upon us, it is time to bring you the latest news from Process Vision. The past spring has been hectic but successful. Indications from the market suggest that, in Finland and in many other countries, Smart Metering implementations are moving on to the next phase, in which added value is found in this new metering information. The Smart Grid market is finally taking shape, and sales companies are looking for a competitive edge with new products and more accurate pricing. These developments go well with Process Vision s strong product offerings for smart meter data management and smart grid solutions. Our investments in these areas are already being acknowledged, the latest examples of this being the Gartner MDM recognition and our new project for E.ON. Read more about both of these developments in this newsletter. We at Process Vision believe that we will have an even stronger position and better offerings in this market in the years to come. As we describe in this newsletter, we have restructured our organization in the Elis Group and within Process Vision to create a solid basis for our future growth. I hope you enjoy this newsletter! Antti Jokinen New organization to meet the needs of a larger energy group Process Vision s organization has changed during the last several months. We have joined with two Norwegian companies, Elis AS and the consultation company Popkorn AS, to form a larger energy IT company, Elis Holding AS. This new group has 260+ employees and is the largest software supplier in the Nordic energy sector with the largest number of metering points being measured by installed systems and is a significant supplier in Central Europe too. This reorganisation increases Process Vision s knowledge base, particularly in the areas of customer information systems and billing. Gard Skari CFO Stian M. Madsen CMO Finland Timo Aaltonen Åge Lønning CEO International Antti Jokinen Petri Ebeling CTO The organization of Elis Holding Norway Johnny Haugsbakk The new Elis Holding structure is based on a lean Elis Group unit plus three business units for Finland, International, and Norway. The CEO of Elis Holding is Åge Lønning. Petri Ebeling has been appointed as the Group s Chief Technology Officer (CTO). Gard Skari of Norway is the Chief Finance Officer (CFO) and Stian M. Madsen the Chief Marketing Officer (CMO). Åge Lønning was appointed as the new CEO of Process Vision when Simo Makkonen, founder and long term CEO of Process Vision, moved to a new position as Senior Advisor for the Elis Group. His role is strategy and business advisor for the Elis Holding board and management. Timo Aaltonen was appointed as Executive Vice President () with responsibility for the Finland business unit. This unit includes all activities with customers in Finland and all development and management of Elis Group products developed in Finland. The unit is also responsible for providing sales and implementation support to the international units. Antti Jokinen was appointed as an with responsibility for the International business unit. This unit comprises the companies Enercube (PV s Swedish branch office), Visos AG (PV s Swiss daughter company), and Grades BV (PV s Dutch daughter company), with a small headquarters office in Helsinki. The unit is responsible for Elis Group international businesses. Johnny Haugsbakk was appointed as an with responsibility for the Norway business unit. The unit is responsible for all activities with customers in Norway and all development and management of Elis Group products developed in Norway. This new group structure will create a solid basis for continued strong growth in European energy IT system markets as well as enhance our customer service capabilities to provide market leading solutions today and in the future. 2

3 Europe s largest energy company E.ON chooses Process Vision s GENERIS Process Vision Oy and E.ON Elnät Sverige AB have agreed on the delivery of a large scale energy IT system for meter data management and balance settlement based on Process Vision s GENERIS product. The system will eventually manage all the meter data from E.ON s electricity networks in Sweden, including advanced Smart Grid functions, with an option to manage meter data for gas and district heating. We have gone through an intensive and thorough evaluation of renovating our meter data system. We set high demands for functionality, performance and delivery, states Per-Olof Lindholm, the CEO of E.ON. E.ON is the largest energy company in Sweden with approximately 1.1 million customers. E.ON Elnät Sverige AB belongs to E.ON Group, the largest energy company in Europe. Per-Olof Lindholm, the CEO of E.ON Elnät, says: We have gone through an intensive and thorough evaluation of renovating our meter data system. We set high demands for functionality, performance and delivery, and have now found a supplier that can give us the tools we need. It has also been important for us that the solution takes into account the new targets for reducing CO2 emissions. Process Vision s GENERIS system is prepared for the upcoming changes to Swedish legislation. It has market-leading functionality for handling energy information from Smart Metering and Smart Grid systems based on readings in hourly or shorter intervals. The background for the legislation change is an EU directive for increased energy efficiency and reduced CO2 emissions. The delivery to E.ON will be a very large GENERIS installation. We are very pleased and proud to have been chosen by E.ON. This GENERIS delivery is an important milestone for Process Vision and it strengthens our leading position in the Nordic and European energy markets. Our experience with many similar deliveries in the Nordic countries and Europe will ensure the best solution for current and upcoming market requirements for energy data management in Sweden. The functionalities of the GENERIS system also cover processes for energy efficiency and Smart Grid for meeting the European 20/20/20 target, says Åge Lønning, CEO of Elis Holding AS. Process Vision to supply Gasum with GENERIS Energy Vertical Process Vision will supply the Finnish gas TSO Gasum with a large ERP system in a joint project with Digia, Solteq and Fifth Element. The system will support business operations throughout the Gasum Group, bringing improved internal efficiencies, resource management, and reporting. Process Vision s part will be to deliver energy data management and customer data management, which will be implemented using the GENERIS Energy Vertical solution. Gasum s new ERP system will be based on Microsoft Dynamics AX 2012 software. The system will cover distribution services, energy management, integrity management, project management, the management of financial, material and human resources, and connections to partners, and also enhance readiness for transport logistics management. Gasum s business activities are expanding and becoming more diversified. This diversification requires a system that better supports business procedures. The acquisition of a new ERP system is part of a business strategy that Gasum has refined in response to changes in the operating environment. With this new strategy, Gasum s business activities are expanding and becoming more diversified. In the company s estimation, this diversification requires a system that better supports new business procedures. This project will ensure that Gasum can adapt to future changes in business activities and the corporate structure. The GENERIS Energy Vertical solution is based on the GENERIS energy data management system, Microsoft Dynamics CRM, and Microsoft Dynamics AX ERP, a seamlessly integrated combination in use for many years already in several Finnish energy companies for electricity, district heating, and gas. Implementation was launched in March 2012 and the project is scheduled to be completed by June

4 Process Vision included by Gartner in the Magic Quadrant for MDM products Process Vision positioned in industry analyst s Magic Quadrant for meter data management products Process Vision has been positioned by Gartner Inc., a leading market analyst, in their Magic Quadrant for Meter Data Management Products (1). We are proud to be included by Gartner in the Magic Quadrant for MDM products. We believe our positioning confirms that our efforts to provide MDM and Smart Grid solutions for the energy sector are proving successful, says Åge Lønning, CEO of Process Vision and Elis Holding Group. Innovative development and careful attention to customer needs have been crucial to our success so far. We believe that our GENERIS product has the potential to become the preferred choice for European energy companies, further enhancing our market position. Our experience from many deliveries in the Nordic countries and Europe will ensure the best solutions for current and upcoming market requirements for meter data management, says Antti Jokinen, of Process Vision International. The market segment addressed by the MDM Magic Quadrant consists of utility companies that are seeking software solutions for managing their metered consumption data a stock of data that can be used across the enterprise and shared with customers, partners, and regulators alike. Gartner bases the concept of the Magic Quadrant on customer-oriented market analysis, with emphasis on completeness of vision and ability to execute. To qualify for inclusion in the MDM Magic Quadrant, a vendor must offer data collection, meter command management, validating and editing reads, exception management, event management, estimation for invalid and missing reads, profiling scalar meter reads, bill determinant calculation, meter read aggregation, meter inventory tracking, data provision to downstream systems such as CIS, information provision directly to end users, and additional supporting functions. Solutions must also be scalable to support the interval meter reading required for the deployment of economic demand-response programs in the residential market. (1) Gartner Magic Quadrant for Meter Data Management Product, Zarko Sumic, 20 December 2011 Recent energy events across Europe Process Vision continues to have an active presence at both national and international energy sector events. The company participated in several large events this spring including E-world energy & water, Smart Utilities Scandinavia and IndustryForum Energy, along with many others. One of the main Central European energy sector fairs, E-world energy & water, was held in February in Essen, Germany. This year the three day exhibition hit an all-time record with 20,000 visitors. Process Vision was on hand together with its Swiss subsidiary Visos AG and our German partner Schleupen AG who represent Process Vision s products in the DACH region. The central topics this year were energy efficiency, smart metering, smart grids and balance settlement. We presented our solutions for the German market, including the market processes for MaBiS (Marktregeln für die Durchführung der Bilanzkreisabrechnung Strom) for the grid operator market role and BKV (balance group responsible party). Our egeneris and GENERIS EEM (Enterprise Energy Management) solutions also raised great interest among visitors. E-world 2012 hit an all-time record with 20,000 visitors In March Process Vision was a sponsor of the Smart Utilities Scandinavia conference and exhibition (previously known as Smart Metering Scandinavia). This event gathered over two hundred energy experts in Copenhagen, Denmark. The topics discussed included: Scandinavian energy markets and how to think internationally, harnessing wind power, electric vehicles, grid optimization, smart energy & consumers, and regional smart grid projects. Process Vision s presentations on energy IT solutions and services for the smart energy ecosystem, and 4

5 end-to-end solutions delivered for fullscale smart metering environments, were well received and got positive feedback from visitors. Process Vision also took part in the annual IndustryForum Energy (VaikuttajaForum Energia) event, held in Hämeenlinna, Finland in late April. The event gathered decision makers from all across the energy sector to discuss a variety of current topics. VP Juha-Pekka Einamo presented a concise snapshot presentation in which he discussed our new partnership with Elis Holding, our product line, and how to leverage changes in the energy sector to generate business benefits with the assistance of Process Vision. Process Vision Sweden was also present at the spring meeting of the EDF Energidataföreningen (Swedish energy consortium) on April 24th- 25th in Nynäshamn, Sweden. Upcoming events in June, Powertage Expo, Zürich, Switzerland 9-11 October, Metering, Billing/ CRM Europe, Amsterdam, the Netherlands October, Energia 12, Tampere, Finland You are warmly invited to visit us at these events! New employees In 2012 Process Vision has strengthened its organization with the following new employees: Customer services and technical services: Prijs Peter H A (NL, 1.1.) Lindh Kari (SE, 9.1.) Nykänen Anne (FI, 23.1.) Forsman Jimmy (FI, 21.5.) Schwab Kilian (CH, 2.8.) Products and development: Klunko Paul (FI, 2.1.) Olkkonen Seppo (FI, 1.4.) Saloheimo Juha (FI, 14.5.) Nyman Karl (FI, 21.5.) Marketing Alppivuori Henna (FI, 28.3.) Administration: von Burg Esther (CH, 1.4.) Heiskanen Henri (FI, 10.4.) Ala-Kokkila Timo (FI, 19.4.) Process Vision wishes you a wonderful summer! PV NEWS is a company information newsletter published two to four times per year. Pictures: Dreamstime, E-world archive Process Vision Oy 2012 Editorial staff Henna Alppivuori, Antti Jokinen, Laura Itkonen, Fred Baube firstname.surname@processvision.fi info@processvision.fi Process Vision Oy Itälahdenkatu HELSINKI, FINLAND Tel (0) Fax +358 (0)