EDMI Overview
Company Headquarter: Singapore
Founded: 1978
Workforce: 5,000
Company Working: Founded in the year 1978, EDMI is one of the leading providers of smart energy solutions across the globe. The firm’s specific focus is on designing, developing, and manufacturing of high-end smart meters for the global utility industry. Headquartered in Singapore, the firm specializes in smart metering, electricity meters, gas meters, metering systems, and solutions provider. EDMI’s product portfolio boasts of high quality metering products and advanced infrastructure and energy management systems. Owned by Osaki Electric Co. Ltd, the firm has managed to establish presence in regions such as the United States, Asia Pacific, and Europe. EDMI boasts of a healthy workforce of more than 5,000 employees. They mainly compete with players such as Schneider Electric (France), Aclara Technologies, LLC. (U.S.), Xylem Inc. (U.S.), and Siemens AG (Germany).
Strategy
In the current scenario, the firm is receiving high level orders for smart meters. The firm plans to establish a supply organization enabling them to reduce cost to enhance profits. EDMI's mid and long term strategy is focused on development and expansion into new areas to enhance the firm’s market share and broaden their product portfolio. For instance, the company has opened a new automated manufacturing line at EDMI Electronics Sdn Bhd (EESB), EDMI's principal manufacturing plant in Malaysia. With this new line, productivity will increase almost threefold compared to the non-automated lines at EESB.
