ICM Technologies

What ICM Technologies does

ICM Technologies GmbH is a Hamburg-based, privately held B2B specialist distributor and integrator of energy and flow measurement technology, operating manufacturer-independently across Germany. Its portfolio spans heat, cold, water, steam, gas, compressed air, electricity, and air-energy meters, sourced from leading manufacturers and partly re-engineered under the ICM Technologies own label, alongside complementary system technology (data loggers, gateways, M-Bus / wM-Bus / OMS / mioty / NB-IoT / LoRa components, sensors) and the Elvaco Evo web-based energy-controlling software offered on a meter-count subscription basis. The company provides full-service project delivery through five modular service offerings — consulting, component delivery, installation, energy-controlling software, and meter-point services — and operates a Germany-wide qualified subcontractor network for installation and commissioning.

The company serves four primary vertical segments: large energy suppliers and municipal utilities (Stadtwerke) for smart metering and remote meter reading; industrial enterprises (Industriebetriebe) for flow / steam / compressed air measurement and ISO 50001 energy management compliance; real estate (commercial and residential) for cost allocation and submetering; and HVAC installers and sanitary trades as a horizontal channel. The customer base is exclusively enterprise: large Energieversorger, Stadtwerke, billing companies, mobility corporations, and plant builders, with sales handled through consultative direct enterprise sales complemented by channel partnerships with Elvaco (Premium Partner) and Lansen Systems.

The entity was re-founded on 27 November 2009 as International Control Metering – Technologies GmbH by Global Environmental Technologies GmbH and Matthias Schmidt after the prior 1981-vintage company transitioned through ABB, Ruhrgas Industries, and CVC / Elster ownership; it was renamed ICM Technologies GmbH in 2016. Kieback & Peter GmbH & Co. KG, a German building automation company, holds an equity stake in ICM. Headcount is 11–50 and revenue is undisclosed. The business model blends per-unit hardware sales, recurring software subscription, project-based professional services, and a smaller meter-rental stream, supported by an annual Hamburg seminar, newsletter, content marketing, and social distribution.

Name

ICM Technologies

Legal name

ICM Technologies GmbH

Website

https://icm-t.de

Company type

Private

Founded year

2009

Operating status

Operating

Headcount range

11–50 employees

Short description

ICM Technologies GmbH is a Hamburg-based B2B distributor and integrator of energy and flow measurement technology, serving German energy suppliers, municipal utilities, industrial enterprises, real estate operators, and HVAC contractors with metering hardware, IoT system technology, and the Elvaco Evo energy-controlling software.

Ownership category

akta.pro rank

Headquarters

HQ city

Hamburg

HQ country

Germany

HQ region

Europe

Offices1 record

Markets served

GTM type

B2B

Offering type

Hardware or Manufacturing

Cost components

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

Revenue model

1. Hardware Sales — Meters and Measurement Technology: Sale of energy and flow measurement devices including heat meters, cold meters, water meters, steam meters, compressed air meters, gas meters, electric meters, and associated accessories. Devices are sourced from leading manufacturers and further developed/customized under the ICM Technologies label. Revenue is generated on a per-unit basis with both standard product and project-specific configurations.
2. System Technology Sales: Sale of system technology components including data loggers, modems, gateways, protocol converters, M-Bus/wM-Bus components, repeaters, sensors (temperature, humidity, CO2), and software. Sold both as standalone components and integrated into full metering solutions.
3. Energy Controlling Software (Software as Subscription): Web-based energy controlling software with a low one-time setup cost and monthly billing based on meter inventory. Short cancellation periods make this a recurring revenue stream from existing meter installations.
4. Project Services — Installation, Commissioning & Consulting: Modular service offerings covering consulting and measurement planning (Module 1), project execution and installation (Module 3), and measurement point services including maintenance (Module 5). Services are project-based, often bundled with hardware sales in comprehensive metering solutions.
5. Meter Rental: Rental of measurement devices as part of modular service offerings, providing flexibility for customers who prefer operating expenditure over capital expenditure for metering equipment.

Pricing tiers

Go-to-market motion2 records

Distribution channels4 records

Marketing channels4 records

Core offering

ICM Technologies GmbH is a manufacturer-independent B2B distributor and integrator of energy and flow measurement technology, supplying customized measurement devices (heat, cold, water, steam, gas, compressed air, electric, and air energy meters), supporting system technology (data loggers, gateways, wM-Bus/OMS radio components), and the Elvaco Evo web-based energy controlling software. The company delivers complete metering solutions—from planning of measurement points and device selection through installation and commissioning—via direct sales to enterprise customers and a Germany-wide subcontractor network.

Product overview

ICM Technologies offers a comprehensive portfolio of energy and flow measurement solutions organized into two main categories: hardware meters and system/software products. The hardware portfolio includes Wärmemengenzähler (heat meters), Kältemengenzähler (cold meters), Wasserzähler (water meters), Dampfmengenzähler (steam meters), Druckluftzähler (compressed air meters), Gaszähler (gas meters), Elektrozähler (electric meters), and Luftenergiezähler (air energy meters). Supporting infrastructure includes Systemtechnik (data loggers, gateways, modems, repeaters, sensors) and Messstellenzubehör (installation accessories). Software offerings center on Elvaco Evo, a web-based energy controlling platform for automated meter data acquisition, visualization, and reporting. ICM also provides Prüfstellenmesstechnik (calibration equipment) and Clamp-On-Messtechnik (non-intrusive measurement). The company acts as a manufacturer-independent distributor, further developing meters from brand-name manufacturers under their own ICM label. Services span five modules: consulting and meter site planning, component delivery, project execution and installation, energy controlling software, and meter site services.

Differentiator

Problem solved

Functional benefit

Products and services

• Heat Meters (Wärmemengenzähler) Devices for measuring thermal energy in heating systems, available in ultrasonic and impeller-based compact designs with modular calculation units and temperature sensors. Used by energy suppliers, industrial customers, and building services engineers for billing and energy management.
• Cold Meters (Kältemengenzähler) Devices for measuring cooling energy in air conditioning and refrigeration systems, featuring magnetically inductive and ultrasonic flow measurement technologies. Used by HVAC, industrial cooling, and building services customers.
• Water Meters (Wasserzähler) Water meters including contact water meters, magnetically inductive flow meters, ultrasonic water meters, and large-volume water meters for residential, commercial, and industrial applications.
• Steam Meters (Dampfmengenzähler) Steam flow meters including vortex, swirl, and ultrasonic types with steam energy calculators and prefabricated measurement sections for industrial steam measurement applications.
• Compressed Air Meters (Druckluftzähler) Compressed air flow meters using thermal mass and ultrasonic measurement technologies, including Luftmeister-branded products for industrial compressed air cost allocation.
• Gas Meters (Gaszähler) Gas meters including bellows gas meters, rotary piston meters, turbine wheel meters, quantity meters, and volume converters for natural gas and other gas applications.
• Electric Meters (Elektrozähler) Electric meters including digital DIN rail meters, household and commercial meters, current transformers, RCM differential current technology, and load profile meters for third-party quantity demarcation.
• Air Energy Meters (Luftenergiezähler) Air energy meters for measuring heating and cooling energy in ventilation systems, with PTB type approval for billing, enthalpy measurement, and M-Bus/ModBus communication.
• System Technology (Systemtechnik) System technology products including meter reading software, parameterization software, converters, masters with push function, splitters, data loggers, modems, pulse modules, IP modules, OMS radio components, gateways, and wM-Bus repeaters for smart metering integration.
• Elvaco Evo Energy Controlling Software Web-based energy controlling software for automated meter data acquisition, dashboard visualization, meter data comparison across time periods, and export functions to downstream systems.
• Test Station Measurement Technology (Prüfstellenmesstechnik) Test and calibration equipment for heat meter and cold meter test stations, including temperature baths for Pt100, Pt500, and Pt1000 temperature sensors and meter testing devices.
• Meter Rental and Modular Project Services Modular service offerings for consulting, measurement planning, project execution, installation, commissioning, and meter site services including maintenance, with optional rental of measurement devices for customers preferring opex over capex.

Quantifiable outcome

• Supports compliance with ISO 50001 energy management standards, GEG §71a requirements, and ESG reporting for CO2 neutrality
• +1 more outcomes

Named customers8 records

Segments4 records

Ideal customer profiles3 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration7 records

Feature6 records

Partnerships

Two partnerships are on record, tiered core and minor.

• ElvacocoreTechnology or IntegrationElvaco is designated as a Premium Partner of ICM Technologies. ICM resells/distributes Elvaco's metering and system technology products as part of its manufacturer-independent product portfolio. The partnership provides ICM's customers access to Elvaco's range of measurement and system technology solutions including data loggers, gateways, and related components.
• Lansen SystemsminorChannel Partner/ Reseller/ DistributorLansen Systems is a sales partner of ICM Technologies, distributing ICM's system technology products. The partnership extends market reach for ICM's system technology components including sensors, repeaters, and communication modules.

Scale indicators2 records

Recent moves8 records

Expansion highlights7 records

Direct peers

• Kamstrup: Kamstrup is a Danish manufacturer of ultrasonic heat meters, smart meters, and energy data management solutions. It competes head-to-head with ICM's heat/cold/electricity meter portfolio and serves the same German municipal utility and industrial customers.
• QUNDIS: QUNDIS is a German submetering specialist (heat cost allocators, water meters, radio readouts) competing with ICM's Real Estate Solutions and submetering portfolio for housing industry and billing company customers.
• Diehl Metering: Diehl Metering is a leading German/European manufacturer of heat, water, and electricity meters and a direct competitor in the same energy and flow measurement category. ICM distributes and integrates competing Diehl products alongside its own label, making Diehl both a supplier and the most direct benchmark competitor.
• Zenner International: Zenner is a German manufacturer and solutions provider of heat, water, and gas meters plus IoT/LoRaWAN-based remote reading systems. It is a direct competitor in the same submetering and energy data integration use cases ICM targets.
• Elvaco: Elvaco is a Swedish provider of meter communication gateways, data loggers, and energy controlling software (Elvaco Evo) — the exact software platform ICM resells under its Premium Partnership. It is both an upstream partner and a competitive overlap in energy data software.
• Engelmann Sensor: Engelmann Sensor is a German heat meter and submetering specialist competing directly with ICM's Wärmemengenzähler and submetering offering. The two companies frequently bid for the same Stadtwerke and housing industry projects.

Broad incumbents

• Landis+Gyr: Landis+Gyr is a global smart metering incumbent supplying electricity, gas, and heat meters plus AMI/head-end systems. It competes with ICM's metering and system technology portfolio as part of a much broader utility-scale offering.
• Itron: Itron is a global smart metering and energy data management incumbent whose products overlap with ICM's electric, gas, and water meter portfolio. Itron competes indirectly via direct utility contracts but operates at a much broader international scale.

Others

• Kieback&Peter: Kieback&Peter is a German building automation specialist and equity stakeholder in ICM Technologies. It is thematically adjacent (BMS/energy management) and a strategic partner rather than a direct metering competitor, but its overlap in energy data and building-level analytics makes it a relevant peer for ecosystem positioning.

Regional players

• Techem: Techem is a leading German submetering and energy services company focused on residential real estate heat cost allocation. It is a comparable German-centric service-led player competing for the same property management and billing company customers.

Market position

Strengths4 records

Weaknesses5 records

Competitive moat4 records

Key risks6 records

Key highlights7 records

Customer concentration

• Xx.com/ICM_T_GmbH
• LinkedInlinkedin.com/company/international-control-metering---technologies-gmbh

Revenue estimate

Valuation estimate

Number of profiles

Profiles2 records

Funding overview

Funding rounds

Investors

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 ICM Technologies