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Capgemini Lands Contract of the “Utmost Significance”

Capgemini Sverige AB, a subsidiary of Capgemini, one of the world’s foremost providers of consulting, technology and outsourcing services, today announced it will be taking over a contract worth at least €94 million (almost $128 million) to manage the existing smart meter portfolio of Fortum Distribution AB in Sweden from the current service provider.

The ten year contract will be delivered through Capgemini’s proprietary Managed Business Services usage-based pricing model, a part of the company’s new Smart Energy Services offering to be announced soon.

The contract includes management of Fortum’s existing portfolio of 860, 000 smart meters in Sweden and encompasses a range of services including regular and scheduled meter reading, field services, service desk, management reporting, data centre hosting and application management.

“This is a deal of the utmost significance for Capgemini, ” said Peter Harris, VP and European Leader of Capgemini’s Smart Energy Services. “Not only is Fortum an ambitious company, with aspirations to be a leader in the smart energy sector, the Nordic region is also leading Europe in this space with smart meters already deployed in every household in Sweden, and Finland and Norway close behind.”

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