Utilities
Utility companies are entering into unprecedented times. They are confronting major financial challenges, realizing supply and demand volatility, and seeking to address significant capex needs to modernize the infrastructure. All of these challenges exist as they make the critical transition to AMI/SmartGrid operations.
The transition to interval data, time-of-use (TOU) pricing and AMI/SmartGrid operations fundamentally changes the meter-to-cash process, from a fairly straightforward process managing a well-understood rate structure, to a data-intensive, logic-intensive, and dynamic process. Arguably, tomorrow’s SmartGrid operations look more like communications order-to-cash than traditional utility meter-to-cash.
The SmartGrid utility will require next generation analytics and controls to ensure that the expected SmartGrid gains are not offset by increased meter-to-cash risks. The Lavastorm Analytic Platform helps utility companies de-risk meter-to-cash and enable a smooth transition to AMI/SmartGrid by:
- Reducing the risk and exposure of today’s meter-to-cash operations
- Providing the underlying data analytics to enable more granular, data-driven segmentation that guides enrollment, credit and billing processes across all utility markets
- Reducing the time, cost, and complexity of analyzing interval usage data by providing robust data analytics that can be applied, independent of the MDM warehousing strategy
- Preparing for and controlling AMI/SmartGrid – taking the data analytic models from the communications and media markets and intelligently applying them to meter-to-cash
