Capgemini Sverige AB, a Capgemini subsidiary, has announced that it will be taking over a contract worth at least €94m to manage the existing smart meter portfolio of Fortum Distribution AB in Sweden. Fortum is a €5.4bn company that operates power plants and the distribution and sale of electricity and heat in the Nordic countries, Russia and the Baltic Rim area.
Under the contract Capgemini will manage Fortum’s portfolio of 860,000 smart meters in Sweden, including meter reading, field services, service desk, management reporting, data centre hosting and application management. Capgemini will also manage subcontractors, including as telecommunications companies, software providers, meter manufacturers and field service providers.
The ten year contract will be delivered through Capgemini’s proprietary Managed Business Services usage-based pricing model, “a part of the company’s new Smart Energy Services offering to be announced soon”. (So new in fact that web link in the press release couldn’t find the page).
Interestingly, the company says that the contract will be supported through a global delivery model based on Capgemini’s Rightshore approach, with services provided from countries including Sweden, Poland, India and Finland. Smart meter management is certainly an area that could be effectively handled offshore.
This is a good win for Capgemini. It ties the company in with a significant utilities company around smart meters in a mature European market - smart meters are already deployed in every household in Sweden, and Finland and Norway are close behind. It will be invaluable experience and a great reference for the company in the smart meter/smart grid markets.
The company has been active in the smart meter market in Canada, but this is the first big breakthrough in Europe. It expands the company’s green IT opportunities, which are detailed in the Capgemini profile available from The Green IT Report web site.