What Metrum Sweden does

Metrum Sweden AB is a private Swedish company, founded in 2004 and headquartered in Göteborg, that develops and sells intelligent measurement systems for power quality, energy analysis, and disturbance recording. Its offering combines IEC 61000-4-30 Class A compliant fixed and portable instruments (the PQX3 series, Metrum SC, PQ Smart) with a client/server software platform (Metrum PQ Controller DB) and add-on modules for GIS visualization, web reporting, and real-time streaming. Core AI capability is delivered through Metrum PQ4Cast, an AI-powered forecasting and pattern-recognition service developed via the pan-European EPR research project, which predicts voltage, current, and power variations to enable predictive maintenance.

The company sells across five primary verticals: utilities (transmission and distribution system operators), industry, renewable energy producers, real estate, and data centers. Customers include the Swedish TSO Svenska Kraftnät (via a multi-year framework agreement covering all transmission network stations), Swedish utilities (Göteborg Energi, Öresundskraft, Växjö Energi, Umeå Energi, Tidaholms Energi), government operators (Trafikverket railway, with 44 converter stations instrumented; Finnish Transport Infrastructure Agency via Rejlers), industrial firms (Sandvik, CSBP Australia), and African utilities (Zesco and Copperbelt Energy Corporation in Zambia, totaling 700+ measurement points). Revenue is generated through a mix of one-time hardware sales (instruments), one-time software licenses, recurring add-on subscriptions (Metrum Live cloud service, annual service agreements for firmware and software access), and bespoke custom solutions; pricing is quote-based for systems but disclosed at 9,750 SEK for the annual Användarträff user conference.

Go-to-market combines a direct enterprise sales motion (named global sales and Sweden-based technical sales staff based in Göteborg) with regional channel partners — Rejlers Oy in Finland, Electricus AS in Norway, Nifty Energy LCC in Latin America (Colombia and broader region), and Safegrid Oy across Sweden and Finland — plus government-backed international expansion programs (Business Sweden, Swedish Embassy trade missions, BAPSEA at SIEW). The company is owned by the West Swedish venture firm K-Svets Venture, holds ISO 9001 and ISO 14001 certifications, and received a triple-A credit rating from Dun & Bradstreet in 2024.

Name

Metrum Sweden

Legal name

Metrum Sweden AB

Website

https://metrum.se

Company type

Private

Founded year

2004

Operating status

Operating

Headcount range

11–50 employees

Short description

Metrum Sweden AB, founded in 2004 in Göteborg, develops intelligent Class A power quality measurement systems and AI-driven analytics for utilities, industry, renewable energy, and infrastructure operators, selling instruments, software, and recurring cloud services across the Nordics, Africa, and Latin America. (40 words)

Ownership category

akta.pro rank

Product category

Power Quality Measurement Instrumentation

NAICS

Instrument Manufacturing for Measuring and Testing Electricity and Electrical Signals (334515)

SIC

Industrial Instruments For Measurement, Display, And Control (3823), Instruments For Meas & Testing Of Electricity & Elec Signals (3825)

akta.pro primary industry

Power Quality, Line Monitoring & Grid Edge Sensors (PMUs/µPMUs) (EUADAPAO)

akta.pro secondary industries

Grid Data, Monitoring & Analytics (PMU, Power Quality, Event Detection, Digital Twins) (EUAMAIAL), Instrumentation, Controls & Automation (DCS/PLC/SCADA, SIS, Metering) (EUAEAFAC), Grid Data & Analytics Enablement (MDM, Data Integration, Hosting) (EUAEANAI)

Keywords

• Power quality measurement
• Energy monitoring systems
• Grid disturbance analysis
• Substation instrumentation
• IEC 61000-4-30 Class A

Headquarters

HQ city

Göteborg

HQ country

Sweden

HQ region

Europe

Offices1 record

Markets served

GTM type

B2B

Offering type

Hardware or Manufacturing

Cost components

Personnel, Technology or R&D, Operations, Marketing or Sales, Supply Chain

Revenue model

1. Power quality instruments (hardware): Sale of fixed instruments (PQX3 series, SC series) and portable instruments (PQX3-SPQ, PQX3-FR-Portable, SPQ/SPQx, PQ Smart). Revenue from one-time hardware sale with periodic calibration service intervals (6-year intervals for fixed instruments, annual for portable).
2. System software applications: Software applications including Metrum PQ Controller DB, Metrum PQ Viewer, Metrum GIS, Metrum Management Web Reports, Metrum Power Monitor, Metrum PQ Web. Sold as part of system packages with software licensing.
3. Metrum Live subscription service: Separate add-on cloud service for real-time data visualization and streaming from PQX3 instruments. Sold as a recurring monthly subscription including maintenance, upgrades, and support. Can be integrated into Metrum Cloud.
4. Service agreements and support: Service contracts (serviceavtal) providing access to customer portal for software downloads, firmware updates, calibration management, and technical support. Systems service agreements include software upgrades and new report templates.
5. Custom solutions: Tailor-made comprehensive solutions for power quality measurement built to customer-specific requirements. Collaboration with customer to compose optimal solution.

Pricing tiers

Go-to-market motion3 records

Distribution channels7 records

Marketing channels8 records

Core offering

Metrum Sweden designs, manufactures and sells intelligent measurement systems for power quality, energy analysis and grid disturbance detection. The offering combines IEC 61000-4-30 Class A fixed and portable instruments (PQX3 series and Metrum SC) with the Metrum PQ Controller DB client/server software platform, complemented by AI-driven forecasting (Metrum PQ4Cast), real-time streaming (Metrum Live), and custom solutions for utilities, industry, renewable energy, real estate and data centers.

Product overview

Metrum Sweden provides intelligent measurement systems for power quality monitoring, consisting of a platform-plus-modules architecture combining fixed and portable instruments with software systems. The core product portfolio includes the PQX3 instrument series (PQX3, PQX3-M, PQX3-PQR, PQX3 FFR Option) for fixed installation in substations and industrial environments, and portable instruments (PQX3-SPQ, PQX3-FR-Portable, SPQ/SPQx, PQ Smart) for flexible measurement applications. The software platform centers on Metrum PQ Controller DB for centralized data management, enhanced by add-on modules including PQ4Cast (AI-powered trend forecasting), Metrum Live (real-time streaming visualization), GIS, Web Reports, Power Monitor, and PQ Web for various analysis needs. The Metrum SC series serves utility and industrial environments with advanced disturbance measurement. Custom solutions and proactive analysis services (AI-powered) round out the portfolio for specialized requirements. All instruments meet Class A accuracy per IEC 61000-4-30/IEC 62586 standards.

Differentiator

Problem solved

Functional benefit

Brands

• Metrum PQ Controller DB: Powerful client/server system with automatic scheduled downloading of data and comprehensive analysis tools
• Metrum PQ4Cast
• Metrum Live
• Metrum PQX3 Series
• Metrum SC
• Metrum PQ Smart

Products and services

• Metrum PQX3 Fixed power quality instrument series delivering Class A measurement data per IEC 61000-4-30 / IEC 62586 PQI-A for continuous monitoring in HV/MV primary substations and LV secondary substations. Used by utilities and industry for energy and power quality measurement.
• Metrum PQX3-M Reference meter for energy, power quality and proactive disturbance analysis on the PQX3 platform. Class A instrument meeting IEC 61000-4-30 and IEC 62586 standards, suitable for utilities and industrial applications.
• Metrum PQX3-PQR 19-inch (1/2 rack) control meter for energy and power quality offering cost-effective monitoring for receiving stations (transformers and outgoing lines). Class A accuracy per IEC 61000-4-30/IEC 62586.
• Metrum PQX3 FFR Option Measurement option for the PQX3 platform providing fast, robust and high-precision data for distributed frequency control (Fast Frequency Reserve) in power grids with large battery installations. Type-approved for FFR.
• Metrum PQX3-SPQ Portable Class A reference instrument for power quality developed on Metrum's latest platform, meeting the highest accuracy class (PQI-A) and usable as a reference instrument.
• Metrum PQX3-FR-Portable Portable instrument for field deployment meeting the latest measurement requirements including Class A power quality (PQI-A) and full-featured fault recording.
• Metrum SPQ/SPQx Portable power quality instrument with robust design for measurement applications in industrial and utility environments.
• Metrum SC Energy and power quality instrument for utility and industrial environments featuring advanced disturbance measurement, high resolution data, intermittent fault detection, earth fault calculation via summation voltage (3Usum) and summation current (3Isum), and sudden load variation measurement.
• Metrum PQ Smart Single-phase Class A reference meter plugging directly into a 230 V wall socket. Accuracy below 0.1%, 12.8 kHz sampling, 16-bit resolution, built-in backup power. Can be used as a reference instrument.
• Metrum PQ Controller DB Client/server software platform with automatic scheduled downloading of measurement data and comprehensive analysis tools for centralized management of all Metrum instruments across the grid.
• Metrum PQ4Cast AI-based trend analysis add-on using pattern recognition and machine learning. Forecasts how voltage, current and power are expected to change in the near future, compares predictions against configurable thresholds, and alerts for upcoming grid deviations. Based on the pan-European EPR research project.
• Metrum Live Separate cloud-based measurement service that collects and visualizes high-resolution real-time information from the power grid. Enhances installed PQX3 meters with real-time data streaming and customizable dashboards for critical grid points, sold as an add-on subscription that can be integrated with Metrum Cloud.
• Custom Solutions Tailor-made comprehensive power quality measurement solutions built to customer-specific requirements, composed in collaboration with the customer to guarantee cutting-edge results.
• Proactive Analysis Services AI-powered analysis service that processes customer measurement data and automatically classifies it using pattern recognition, machine learning, neural networks and deep learning for rapid identification of registered faults and predictive maintenance support.

Quantifiable outcome

• Energy savings of 20 GWh per year (equivalent to 10–15 million SEK) identified in Trafikverket pilot project across 44 railway converter stations
• +3 more outcomes

Named customers18 records

Segments5 records

Ideal customer profiles4 records

Technology focussed Yes

API detail

Has API

Yes

API docs

API detail

Core technology

AI maturity

App detail

AI capability4 records

Feature7 records

Partnerships

Eleven partnerships are on record, tiered core and minor.

• Safegrid OycoreChannel Partner/ Reseller/ Distributor · 17 January 2025Strategic collaboration for Swedish and Finnish market. Metrum is authorized Swedish distributor of Safegrid Intelligent Grid System® from 2025. The partnership also gives Metrum access to the Finnish market. Both companies share focus on proactive systems within power quality and disturbance analysis for improved grid quality. CEO Robert Olofsson: 'Our shared focus on improving power quality and grid reliability ensures that this partnership will deliver significant value to our customers.'
• Electricus AS (Norway)coreChannel Partner/ Reseller/ Distributor · 18 March 2024Metrum's new Norwegian partner and distributor announced March 2024. Electricus AS represents Metrum's deeper venture into the Norwegian market.
• VattenfallminorStrategic or Co-development Partner · 21 February 2022Metrum supplies PQX3-FR instruments to Vattenfall's test facility in Älvkarleby within the VISA 5G project. Metrum is further developing power quality instrument protocols (OPC-UA) for data streaming and evaluation of future 5G solutions in substation automation.
• Luleå University of Technology (LTU)minorStrategic or Co-development Partner · 1 January 2022LTU leads the VISA 5G project (Vinnova-financed) in which Metrum participates. Other partners include Ericsson, Vattenfall, Hitachi Energy, IETV, and Telia. Project evaluates supplier-independent substation automation via 5G communication.
• Hitachi EnergycoreStrategic or Co-development Partner · 1 March 2021Development collaboration started in 2021 to find solutions to power quality problems linked to increased renewable energy production and EV charging. Combines competencies and solutions from both companies to offer precise and reliable comprehensive solutions. Metrum provides qualified measurement data; Hitachi Energy installs flexible solutions that address grid quality problems.
• Rejlers Oy (Finland)coreChannel Partner/ Reseller/ DistributorMetrum's distributor in Finland with focus on DSOs. Rejlers organized a joint workshop with Trafikledsverket Väylä (Finnish Transport Infrastructure Agency) on real-time monitoring, power quality measurement, and active control of reactive power.
• Nifty Energy LCC (Latin America)coreChannel Partner/ Reseller/ DistributorMetrum's distributor in Latin America (Colombia and broader region). Led by Jorge Andrés Morales. Serving process industries including dairy and brewery sectors with power quality measurement solutions. Rapid development on the Latin American market reported in 2024.
• Hitachi Energy (Växjö event)minorStrategic or Co-development PartnerHitachi Energy shared expertise on solutions for current and future grid challenges at Metrum's user conference (Användarträff 2024) in Örnsköldsvik. Joint presentation on power quality and grid optimization.
• RISE Research Institutes of SwedenminorStrategic or Co-development PartnerMetrum participates in Vinnova-funded project led by RISE for development of instrumentation for calibrating power quality meters for suprapharmonics. PQX3 series used for evaluation and analysis. Supraharmonics are disturbances in the 2–150 kHz frequency range, a relatively new power quality parameter.
• Svenska KraftnätcoreChannel Partner/ Reseller/ DistributorFramework agreement (ramavtal) with Svenska Kraftnät (Swedish TSO) for delivery of power quality and control meters for installation in all transmission network stations. Represents a large volume of qualified meters in Sweden's transmission grid. Won via strategic procurement.
• Swedish Ministry for Foreign Affairs / Swedish Embassy in LusakaminorGTM or Marketing PartnerMetrum participated in Swedish-Zambian Forum on Sustainable Mining and Energy Transformation (Kitwe) and EU-Zambia Lobito Corridor Business Forum (Lusaka) organized by Ministry for Foreign Affairs and Swedish Embassy in Lusaka under Ambassador Johan Hallenborg.

Scale indicators8 records

Recent moves6 records

Expansion highlights7 records

Direct peers

• Dranetz Technologies: Dranetz is a specialist manufacturer of power quality analyzers, energy meters, and disturbance monitoring equipment used by utilities and industrial customers. Directly comparable to Metrum: both focus on IEC 61000-4-30 Class A compliant instruments with PQ Controller-style software stacks.
• Elspec Engineering: Elspec develops power quality analyzers, real-time monitoring and remote PQ solutions targeting utilities and industrial users. Closely comparable to Metrum's PQX3 series and Metrum Live real-time streaming offering in functionality and target customer.
• Janitza Electronics: Janitza manufactures power quality measurement devices and energy management systems (GridVis) for substations and industrial sites. Comparable product-portfolio overlap with Metrum across Class A PQ meters, software platforms, and grid monitoring analytics.
• Hioki E.E. Corporation: Hioki manufactures power quality analyzers and clamp meters (PW3198 series) meeting IEC 61000-4-30 Class A standards for utility and industrial diagnostics. Comparable portable and fixed PQ instrument portfolio targeting similar utility/industrial customers.
• AEMC Instruments: AEMC produces Class A power quality analyzers ( PEL series) for industrial and utility field testing. Comparable portable PQ instrument offering and customer overlap with Metrum's portable SPQ/SPQx and PQX3-SPQ products.

Broad incumbents

• Fluke Corporation: Fluke is a broad test & measurement incumbent offering portable power quality analyzers (Fluke 435 series) widely used in utility and industrial settings. Comparable on portable PQ instruments; broader portfolio means less specialization than Metrum on fixed substation monitoring and predictive AI analytics.
• Schneider Electric (PowerLogic): Schneider's PowerLogic / EcoStruxure platform provides substation metering, power quality monitoring and energy management within a much broader energy automation portfolio. Overlaps with Metrum's PQ Controller and PQX3 functionality at larger utility/industrial accounts.
• ABB Electrification (PQAO / CMS): ABB offers power quality solutions within its electrification portfolio (CMS / PQ instruments) bundled with substation automation and grid control products. Comparable fixed PQ meter and monitoring capability embedded in a far broader vendor offering.
• Siemens Smart Infrastructure (SICAM): Siemens SICAM portfolio provides power quality measurement, fault recording and substation automation for utilities, often bundled with RTUs and grid management software. Directly competes with Metrum at large utilities where vendor consolidation favors incumbents.
• Eaton (Power Xpert): Eaton offers power quality meters, energy monitoring and power distribution solutions as part of a broader electrical portfolio. Overlaps with Metrum's PQX3 / SC instruments at industrial sites and substations, though Eaton competes less on standalone Class A portable PQ.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat6 records

Key risks6 records

Key highlights7 records

Customer concentration

• Xx.com/metrum_sweden
• LinkedInlinkedin.com/company/metrum-sweden-ab

Compliance2 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles11 records

Funding overview

Funding rounds1 record

Investors2 records

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Metrum Sweden