Secure Meters Limited Drives Product Innovation with Product Lifecycle Management Solution
 
 

Secure Meters Limited Drives Product Innovation with Product Lifecycle Management Solution

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Secure Meters Limited, an industry leader in smart grid and intelligent home control technology. provides a measurement solution used in electrical power system metering nodes, from generation to final consumption. The company provides meters, tools, software, and services to monitor and control the consumption of energy. With more than 12 million meters installed in more than 50 countries, leveraging 500 research and development engineers and 11 global locations, Secure Meters is a premier innovator in India and a southern-hemisphere market leader with more than 20 years experience.

 
 

 
 

Challenges

A word from Secure Meters Limited

  • “With Oracle's Agile solutions, we are able to link all design, product, cost, variant, and quality management data—ultimately streamlining our processes, accelerating time to market, reducing development costs, and improving product quality.” – Amit Mathur, Global Product Lifecycle Management Process Lead, Secure Meters Limited

  • Consolidate disparate systems to improve collaboration, visibility, and overall product lifecycle management, which is necessary for smart grid and intelligent home control technologies
  • Accelerate time-to-market for new products and reduce development costs for meters, tools, software and services, which customers use to monitor and control the consumption of energy 

Solutions

Oracle Product and Services

  • Worked with Oracle Consulting to replace 10 legacy engineering systems with Oracle’s Agile product lifecycle management applications to improve visibility into product development across the company
  • Leveraged the single repository of product lifecycle data to streamline collaboration between engineers—reducing engineering change order turnaround-time by 50%
  • Enabled the company to integrate managing hardware and software product component development, reducing defects per software build by 40%
  • Reduced custom system design requests from 32 to none in the past eight months—and simplified order and inventory management by taking a reusable, component approach to product development
  • Improved potential earnings before interest and taxes per product developer—including 500 engineers across nine locations—by 40%
  • Accelerated time-to-market for utility meters by reducing product development cycle time by more than 25%
  • Improved collaboration, product data traceability, linkages between data, reusability of various product design components, resource utilization, and global integration