mPower MDMS™ of Phoenix IT Solutions Ltd has been positioned in the Gartner’s Magic Quadrant 2014 for Energy & Utilities systems as a niche player based on an evaluation of all the major software products in this category globally. mPower CIS™ another critical piece in utilities software systems was also positioned in Gartner Magic Quadrant for utilities Customer Information Systems (CIS) ) in 2013, 2014 and 2015 consecutively. Phoenix is the only Asian Head quartered product company to be listed on these magic quadrants.
The Gartner report is a guide for buyers of Meter Data Management (MDM) software in the energy and utilities market for selecting the right technology partner for rolling out smart metering solutions. The report helps in understanding vendor’s capabilities, MDM deployment risks and provide an update of product positioning in this emerging market. Gartner’s evaluation criteria include product/service, overall viability, sales execution/pricing, market responsiveness and track record, marketing execution, customer experience, and operations.
“We believe this is a validation of both – our product as well as implementation and support capability as our customers gave high marks for the product’s configurability and support services. Our singular focus on the utilities domain right from inception coupled with the hard work, commitment and domain expertise of our teams has provided us the sound foundation for a robust and reliable product, facilitated delivery excellence as well as contributed to customer satisfaction” stated the CEO of Phoenix IT Solutions, Mr. G S Murali Krishna. “We think that this recognition is another great assurance of mPower™ product functionality and performance to our utility customers “.Ref: Gartner Magic Quadrant for Meter Data Management Products, 16 December 2014, Zarko Sumic Gartner does not endorse any vendor, product or service depicted in its research publications, and does not advise technology users to select only those vendors with the highest ratings. Gartner research publications consist of the opinions of Gartner’s research organization and should not be construed as statements of fact. Gartner disclaims all warranties, expressed or implied, with respect to this research, including any warranties of merchantability or fitness for a particular purpose.