With soaring energy prices and a looming energy crisis, we all face a tough winter ahead. Utilities too are facing multiple challenges from financial constraints, revenue protection and regulatory pressures as they serve an increasingly volatile market. More and more utilities are moving to service-based delivery models to make business processes more flexible, reduce technology risks, and minimize costs.
To say it’s rare for a company to be in existence for 125 years is an understatement. In the United States, for example, only about 0.5% of companies have what it takes to last 100 years. That’s why, we are pleased to reflect on our company history with pride as this month, 125 years ago, the Electrotechnical Institute Theiler & Co. was founded, laying the foundation of Landis+Gyr for many successful years to come. From the production of the first electricity meters at a time when electricity was in its beginnings to the events that have impacted how the company operates, Landis+Gyr has continuously evolved to meet the changing needs of its customers.
