OpenLimit Holding AG

Publication of the Half-Year Report 2015 - Seite 2

Smart Meter Gateway

The Smart Meter Gateway, which guarantees secure communication between the local electricity meters and the energy provider, is a critical component for the implementation of the amended Energy Industry Act in Germany. In the first half of the year, development of the SMGW was continued according to plan in collaboration with Power Plus Communications AG (PPC). The shared goal of PPC and OpenLimit is to be able to produce one of the first certified SMGWs in Germany. The E-world trade fair in February was an important highlight in the first quarter. Here, PPC and OpenLimit presented their latest SMGW for the first time. The team showed the FNN-compliant SMGWs with integrated telecommunication module for broadband power line, mobile or Ethernet communication. A total of 19 partners exhibited the OpenLimit / PPC SMGW at their stands, including Bosch, Co.met, Cuculus, Easymeter, Elster, E.ON Metering, Iskraemeco, itron, NLI, Robotron, Schleupen, Siemens, SmartOptimo, Thüga, Voltaris and Worldline. The realization of several pilot projects also proceeded according to plan.

truedentity®

The product was further developed technically as part of the development order placed by Fujitsu (FTS) in the third quarter of 2014, the aim being to combine the OpenLimit truedentity® technology with the biometric hand vein scanner PalmSecure(TM) from Fujitsu. The solution saves the identity data locally on smart cards, and offers scalable security. In future, it will support usage scenarios such as physical access control, logging on to computers, smart devices and networks as well as cashless payment methods. Corresponding showcases were presented at several trade fairs, including at CeBIT 2015, and met with great interest from visitors. FTS plans to market this solution globally. OpenLimit generates licensing fees with the successful sale of truedentity®, with or without third-party components.

In addition, OpenLimit completed the development of its own cryptoserver - which is necessary for the use of an eID server and which effectively expands the truedentity® product portfolio - on time in the first quarter of the year.

Further developments

The new signature software version is moderately boosting revenues in that field, with OpenLimit being able to place numerous signature products with both existing and new customers, as well as complete integrations of the signature technologies in third-party products. In the first six months of the year, OpenLimit also received a partial order for recertification of the product Fujitsu SecDocs powered by OpenLimit, otherwise generating primarily service revenue with the product. In addition, a new contract was concluded with Fujitsu, which gives OpenLimit the possibility of acting as a reseller of SecDocs in the market. In the services area, OpenLimit was able to acquire new orders based on its special know-how in the fields of IT security as well as certification. These orders support the company's aim of expanding its consulting activities.