AMCS acquires Utility Cloud to expand utilities sector software solutions

AMCS has acquired Utility Cloud, a U.S.-based utility operations management platform, for an undisclosed amount. This acquisition expands AMCS' strategy to bring technologies to users and to help users sustainably manage resources, increase productivity, and enhance their bottom line.

Utility Cloud provides a cloud-based operations management software platform to enable operators of critical infrastructure to organize, act, and report against critical operational data. Built to maximize efficiency and improve oversight, Utility Cloud helps its user base to simplify complex regulatory and operational workflows while ensuring the safety of employees and the communities they serve.

"The mission of AMCS is to optimize the sustainable use and production of resources such as water and energy," says Jimmy Martin, CEO of AMCS. "Our utilities customers are at the forefront of harnessing the benefits of digital transformation, using our technology to modernize their operations. Utility Cloud is a perfect fit within our portfolio of solutions which help utilities manage assets, reduce operational overhead, and increase customer engagement."

"AMCS is the ideal catalyst to accelerate the value we bring to our customers and end markets," says Dan Calano, CEO of Utility Cloud. "Our combined customers will benefit from the expanded capabilities of the global AMCS organization."

The acquisition follows AMCS' recent purchase of Utilibill, a management and billing solution for the utility industry.