Utilities: Getting Smarter By the Minute
As energy efficiency and sustainability become more of a global concern, the utilities industry remains in transition. Competition and regulatory requirement are driving fundamental changes to generation, distribution, and metering infrastructures, such as the development of smart meters and management of smart grids.
In addition, keeping existing customers and attracting new ones is critical in this increasingly competitive industry. Plus, the unbundling and liberalization of the energy markets has increased the pressure to minimize costs.
Customized Technology Delivers a Competitive Edge
Utilities companies around the world are finding that a customized technology solution is one of the key advantages in helping them remain profitable and competitive in this demanding market.
Automating processes for your specific energy procurement helps reduce costs, especially in light of market deregulation that encourages energy retailers to diversify their portfolios. An efficient price-quotation process and improvements in operational processes can also help you lower costs. And there are integrated systems for billing, quotation, and portfolio management that can enhance data consistency and improve business decisions in your organization.
- Minimize costs with better management of processes and data exchanges in deregulated markets
- More efficiently manage energy portfolios with automated calculations and optimized procurement decisions
- Reduce sales and operational costs with automated pricing and costing
- Increase visibility into all prepayment processes with improved management of prepaid contracts
- Increase service-level responsiveness by dispatching resources quickly, cost-effectively, and efficiently
- Automate accounting processes for capital asset work orders and enhance the tracking and reporting of fixed assets to simplify and improve the management of fixed assets
Partner with Experts in Your Field
To achieve a solution that can maximize your success, choose a partner such as the SAP Custom Development organization. As a trusted global partner of utilities companies, we offer a full and flexible range of support for meeting today’s needs and preparing for tomorrow’s challenges, delivering unique, mission-critical solutions quickly, efficiently, and cost-effectively. Experts in our utilities competence center have helped customers enhance existing solutions and develop new ones for the SAP for Utilities solution portfolio.
We can provide you with a solution that meets your business requirements and budget as we identify your unique challenges and help you choose cost-effective technology to meet your objectives and leverage your infrastructure.
We can help you can extend or enhance your existing SAP solutions, build completely new and innovative applications, and tailor user interfaces for mobile devices or the Web. You can also use functionality developed by SAP Custom Development that is now available in standard offerings to launch comprehensive, tailored solutions quickly.
In addition, we can help you use the SAP HANA® platform and in-memory computing to accelerate existing business processes, develop next-generation applications, enhance standard SAP applications, and provide predictive analytics and optimization.
To learn more about how our services can serve your unique requirements, read the solution brief entitled, “Meeting the Current and Future Needs of Utilities Firms,” or visit the SAP Custom Development Services page.