EKM Metering Inc. Company Profile

Background

Overview

EKM Metering Inc., established in 2007 and headquartered in Santa Cruz, California, specializes in the design and manufacturing of electric, water, and gas meters, along with associated data systems. The company's mission is to provide reliable, accurate, and affordable submetering solutions with easy, unrestricted access to meter data. Their vision is to bridge the gap between traditional "dumb" meters, which are costly to install and require individual, local readings, and expensive metering services or systems that demand a high level of expertise to install and configure.

Industry Significance

EKM Metering plays a crucial role in the metering industry by offering compact, state-of-the-art submeters integrated with user-friendly software and inexpensive hardware interfaces. These systems are capable of automatic meter reading and reporting to a computer, either locally or remotely via the internet, catering to a wide range of applications from residential to industrial settings.

Key Strategic Focus

Core Objectives

EKM Metering aims to deliver cost-effective submetering solutions that empower users to monitor and manage their energy, water, and gas consumption effectively. By providing free and unrestricted access to meter data, the company seeks to promote energy conservation and operational efficiency across various sectors.

Areas of Specialization

Submetering Solutions: Designing and manufacturing electric, water, and gas meters tailored for sub-utility use, enabling accurate billing and consumption monitoring.

Data Systems: Developing communication systems that offer free and unrestricted access to meter data, facilitating real-time monitoring and analysis.

Key Technologies Utilized

Omnimeter Models: Advanced meters capable of measuring amperage, voltage, and power factor, suitable for various electrical systems up to 480 volts.

EKM Push3 System: A cloud-enabled data system that provides free, real-time data access for meter deployments at any scale, allowing remote monitoring via the internet.

Encompass.io Platform: A free online dashboard and meter management platform that enables users to visualize consumption data, schedule reports, and generate bills.

Primary Markets Targeted

Residential Properties: Enabling landlords and property managers to implement submetering solutions for accurate tenant billing.

Commercial and Industrial Sectors: Providing metering solutions for energy management and operational efficiency.

Renewable Energy Installations: Monitoring solar PV and wind energy generation to track energy production and consumption.

Financials and Funding

Funding History

As of July 10, 2014, EKM Metering secured a debt financing of $315,000. The company is privately held and has not publicly disclosed additional funding details or revenue figures.

Pipeline Development

Specific details regarding EKM Metering's pipeline development, including stages of clinical trials or product development, target conditions, and anticipated milestones, are not publicly available.

Technological Platform and Innovation

Proprietary Technologies

Omnimeter Models: Revenue-grade, industrial-strength meters that simultaneously measure amperage, voltage, and power factor, offering high accuracy and versatility.

EKM Push3 System: A cloud-based data system that provides free, real-time data access for meter deployments at any scale, facilitating remote monitoring and management.

Encompass.io Platform: A free online dashboard and meter management platform that allows users to visualize consumption data, schedule reports, and generate bills.

Significant Scientific Methods

Data Analysis and Reporting: Utilizing cloud-based platforms to aggregate and analyze meter data, enabling users to monitor consumption patterns and implement energy-saving measures.

AI-Driven Capabilities

While specific AI-driven capabilities are not detailed, the integration of cloud-based data systems and platforms suggests potential for advanced data analysis and reporting.

Leadership Team

Executive Profiles

Jameson Brouwer: Chief Executive Officer

Doug Brouwer: Chief Technology Officer

Adam Brouwer: Chief Marketing Officer

Detailed professional backgrounds and key contributions of the leadership team are not publicly disclosed.

Competitor Profile

Market Insights and Dynamics

The metering industry is characterized by a growing demand for accurate and efficient submetering solutions across residential, commercial, and industrial sectors. Advancements in cloud-based data systems and real-time monitoring are driving innovation and competition within the market.

Competitor Analysis

EKM Metering's primary competitors include:

Wasion Information: A public company founded in 2004, specializing in electrical and electronic goods.

Chint Meter: Established in 1998, focusing on electrical and electronic goods.

Londian: Founded in 1996, operating in the electrical and electronic goods sector.

These competitors offer similar metering solutions and have established market presence, contributing to a competitive landscape.

Strategic Collaborations and Partnerships

Specific details regarding EKM Metering's strategic collaborations, partnerships, or alliances are not publicly available.

Operational Insights

EKM Metering differentiates itself through its commitment to providing free and unrestricted access to meter data, enabling users to monitor and manage their consumption effectively. The company's focus on affordability and user-friendly solutions positions it as a competitive player in the metering industry.

Strategic Opportunities and Future Directions

While specific strategic opportunities and future directions are not publicly disclosed, EKM Metering's emphasis on innovation and customer-centric solutions suggests potential for growth in expanding markets and the development of new products and services.