Case Study: a leading global smart meter manufacturing company achieves faster time-to-market and cost savings with Wipro's advanced smart meter solution

Wipro develops a Smart Meter for a leading industrial company

The client, a leading global smart meter manufacturing company, faced the challenge of needing to rapidly develop a completely new, advanced smart meter with country-specific regulatory compliance and advanced features to capture a significant, time-sensitive market opportunity. They engaged Wipro as a strategic partner for its expertise in smart energy management and its in-house smart meter product to achieve this within stringent timelines.

Wipro provided an end-to-end industrial product design and development solution, delivering the new smart meter in just ten months. This included hardware, firmware, and mechanical design, prototyping, and validation. The solution enabled the client to address a multi-million-meter deployment opportunity, achieving a 25% reduction in time-to-market and 15% savings on development costs, which resulted in new revenue streams and a higher market share.