Bloomberg News

Oracle Hopes to Tap U.K. Water Meter Market, BusinessGreen Says

October 18, 2012

Oracle Corp. (ORCL:US) is forecasting a potentially “huge” market for smart water meters in the U.K., according to BusinessGreen, citing an executive as saying the software maker hopes to tap into demand from utilities for technology to reduce the loss of water through leaking pipes.

Linda Jackman, Oracle Utilities group vice president of industry strategy, predicted demand will be “huge” for smart meters from British utilities. It said Oracle is to publish a report on Oct. 22 about water utilities’ readiness to meet supply and infrastructure cost challenges globally to 2030.

Oracle, the biggest maker of database software, provides smart meter management software to Veolia and Suez Environnement in France, BusinessGreen said. Unlike with smart energy meters, the U.K. has yet to mandate the rollout of smart water meters, it said, adding that Thames Water is testing wireless smart meters in Reading and London.

To contact the reporter on this story: Randall Hackley in London at rhackley@bloomberg.net

To contact the editor responsible for this story: Randall Hackley at rhackley@bloomberg.net


Best LBO Ever
LIMITED-TIME OFFER SUBSCRIBE NOW

Companies Mentioned

  • ORCL
    (Oracle Corp)
    • $41.14 USD
    • -0.05
    • -0.12%
Market data is delayed at least 15 minutes.
 
blog comments powered by Disqus