Partnership set to provide consumers with confidence that they will benefit from a smart meter-enabled competitive energy market
Logica, the UK’s leading provider of business and technology services to British utilities, today announced that QinetiQ, a leading security solutions and services provider, will join its partnership with SAP, the UK and Ireland’s leading supplier of business software solutions to utilities, to bid to become the data services provider to the Data and Communications Company (DCC). The agreement will help address the British government’s challenge of delivering the systems that will be at the heart of Britain’s competitive energy market as it transfers to operate on a smart metering infrastructure by 2014.
The Logica, SAP (UK) and QinetiQ partnership will provide systems that will enable the energy market to operate effectively, ensuring barriers to competition are minimised and that benefits to consumers are maximised. Energy suppliers and energy services businesses will be able to make use of the smart metering infrastructure to deliver innovative new services that will put consumers in control of their energy spend.
The deployment of smart meters to every home and small business in Britain during this decade is a vital first step in the transformation of the energy market. This will facilitate the adoption of low carbon technologies that will enable us to satisfy our energy needs more sustainably and operate our energy distribution networks more intelligently. Smart Grids will help ensure Britain has ongoing access to the energy it needs. The programme is expected to deliver £18.6bn of benefits against an investment of £11.3bn – a net benefit of £7.3bn, or £23 (NAO figures) per home per year.
Key to delivering these benefits is not just maintaining Britain’s highly competitive market in the supply of energy, but also securing consumer trust in the programme by providing them with the confidence that both their data and the energy infrastructure will remain secure. QinetiQ’s capabilities in security complement Logica’s own reputation in the sector for being a provider of secure, high resilience systems. QinetiQ and Logica have a track record of collaborating together successfully to secure critical national programmes.
With almost 1 in 5 households (Vaassa ETT) choosing to change supplier every year, Britain has consistently been one of the most competitive energy retail markets in the world. As Britain moves to satisfying its energy needs more sustainably through the progressive adoption of low carbon technologies, the secure supply of energy and energy services, through the deployment of smart meters will become increasingly vital.
Tara McGeehan, Director of Utilities at Logica in the UK said, “Consumers need to have confidence in the security of their data and of the energy infrastructure if the national deployment of smart meters is to be successful. It is essential to the UK economy that we have an energy infrastructure that delivers security of supply and supports the widespread adoption of low carbon technologies to help address climate change, whilst keeping energy affordable. Our partnership with SAP and now QinetiQ will help drive the benefits of the low carbon transformation of the energy market and should give consumers, utilities and the government confidence that the roll-out will be a success.
Increasingly governments are recognising that truly competitive energy markets are the best way to drive innovation. This requires a secure, efficient market infrastructure to be put in place, the development of which is where our partnership with SAP and QinetiQ is focussed.”
Alasdair Rodgers, MD Security, QinetiQ, continues, “Our partnership with Logica and SAP demonstrates our respective organisations’ recognition of the importance of energy security to Britain’s economy. Our collaboration to deliver the secure, high resilience systems required at the heart of Britain’s smart metered energy market will give everyone confidence that the market can operate consistently and reliably to the levels demanded by utilities, government and us all, as consumers.”
Notes for Editors:
A FTSE250 company, QinetiQ is a leading international provider of technology-based services and solutions to the defence, security and aerospace markets. We are a trusted partner to government organisations, predominantly in the UK and US, including defence departments. We also provide technology insertion, technical services and advice to commercial and industrial customers all around the world. www.QinetiQ.com
About SAP (UK) Ltd
As market leader in enterprise application software, SAP (NYSE: SAP) helps companies of all sizes and industries run better. From back office to boardroom, warehouse to storefront, desktop to mobile device – SAP empowers people and organizations to work together more efficiently and use business insight more effectively to stay ahead of the competition. SAP applications and services enable more than 176,000 customers to operate profitably, adapt continuously, and grow sustainably. For more information, visit www.sap.com.
Logica is a business and technology service company, employing 41,000 people. It provides business consulting, systems integration and outsourcing to clients around the world, including many of Europe's largest businesses. Logica creates value for clients by successfully integrating people, business and technology. It is committed to long term collaboration, applying insight to create innovative answers to clients’ business needs.
Logica is listed on both the London Stock Exchange and Euronext (Amsterdam) (LSE: LOG; Euronext: LOG). More information is available at www.logica.com.
For further information, please contact
QinetiQ Press Office on Tel: +44 (0) 1252 39 3500