Gentrack helps utilities cut meter data processing time by 25% on AWS

The article summarizes how Gentrack, a software and services provider for the global utilities sector, helped utilities reduce meter data processing time by 25% on AWS. It covers:

• The growing pressure utilities face to reduce costs, increase profitability, and improve customer experience, amid the rollout of smart meters and new regulations like Five Minute Settlement in Australia and Market Wide Half Hourly Settlement in Great Britain.
• Gentrack's Meter Data Services (MDS) solution on AWS, which uses services like API Gateway, Lambda, Step Functions, DynamoDB, and S3 to ingest, store, query, and process large volumes of meter data.
• How Australian utilities using MDS reduced meter data processing time by 25%, achieved 60% faster invoicing run times, and reduced ingestion duration by 80%.
• The scalability, reliability, and cost-effectiveness of MDS on AWS, enabling utilities to handle exponential data growth and new regulations.
• Gentrack's plans to continue innovating on AWS, including conducting software development on native AWS platforms.