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metering modules deployed in the last 10 years
Elster provides systems and technologies that distribute, measure, monitor and manage natural gas, electricity and water for utility companies in over 130 countries. They needed transparency for the data flowing through their systems, with proper access and process controls as well. With SAP solutions, Elster’s systems now meet all requirements.
Elster Group SE
US$1.9 billion (2011)
Finance, Information Technology
Industrial Machinery & Components, Utilities
SAP Process Control, SAP Access Control
Elster leverages strong market share in developed countries and builds new opportunities in emerging nations as well. With one of the most extensive installed revenue measurement bases in the world (over 200 million metering modules deployed in the last ten years), Elster connects technology with global energy and resources.
In going public, Elster needed to comply with Sarbanes-Oxley Act requirements, and their IT team had to standardize internal security controls across the business. They had to unify financial process monitoring, manage an IPCF (integrated process and control framework) with heterogeneous systems, and improve transparency as well.
Given Elster’s requirements, SAP was selected based on its reputation, expertise in access and process control software, and ability to meet needs of IT, business users, and auditors. Elster was also impressed by the full integration of governance, risk, and compliance software across all SAP solutions.
Reducing Corrective Actions
With its new process and control systems, Elster has reduced the need to continuously audit by 25%. Access issues can now be identified and resolved early. There are transparent processes and audit trails in place, and increased visibility and automation for compliance. Best of all, intelligent access and process control has improved efficiency.
To further streamline and simplify operations, Elster is working to unify globally via SAP. By running the same processes worldwide, Elster expects to achieve greater efficiency at a much lower cost.