Innowatts LLC announced the launch of eUtility, a fully integrated and scalable platform for utilities and energy providers looking to extend the value of smart meter analytics and intelligence throughout their business and customer offering. eUtility™ is built upon Innowatts’ PowerEASE technology, which is currently used by leading utilities and retail energy providers worldwide to provide smart meter analytics and machine learning intelligence, empowering a wide range of utility and customer operating functions.
eUtility provides utilities and retail energy providers with one integrated and scalable solution that leverages insights from customer meter data and consumption analytics across their business. eUtility uses Innowatts’ PowerEASE technology to create an energy footprint for every meter, along with a core set of analytics that helps align their products, pricing and operating strategies to customers’ unique consumption and behavioral patterns. Through a single interface, eUtility provides on-demand access to all of these customer insights along with an extensive suite of modular “plug and play” solutions and technologies that allow companies to directly harvest value within each of their key business functions.
The benefits delivered through eUtility include:
- Dramatic improvements in load forecasting performance
- Reductions in power procurement cost
- Personalized products and pricing
- Dramatically improved ROI on marketing campaigns
- Proactive and relevant energy engagement solution
- Grid operations and reliability improvements
With convenient and scalable SaaS based pricing, companies can select the range of modules and solutions that work best for them. Clients typically begin their journey with a “starter package” of core load analytics that delivers an initial body of intelligence and demonstrates the range of applications possible using the company’s actual customer data. From there, clients are able to quickly scale their deployment to cover other applications as opportunities emerge. Innowatts provides easy integration with internal and external systems through an extensive library of APIs and integration protocols, greatly reducing implementation and integration costs.