Energy

Delight Your Customers by Adding Eco-friendly Options to Your Bundle

Energy and Utility Provider Requirements

The utilities industry (power, water, waste, oil and gas) has become increasingly competitive in the wake of deregulation and the rise of renewables (solar, wind, storage). Production is becoming distributed with users generating energy and feeding it into the grid. 
Utility providers now offer complex product and services bundles including blends of traditional and renewable energy, smart home appliances, security, IoT, solar panels, e-mobility, banking, insurance, telecom and more. 

Utilities are using new pricing models, such as real-time pricing, prepaid, promotions, multi-party agreements and settlements, and tiered tariffs. They are launching apps for energy usage analysis, smart meters, service and bill notifications, or optional rate plans based on time and demand response.

Most utilities are in the early stage of  virtualizing their front and back office systems. CPQ  is often an adjunct to legacy sys ems, such as CIS, ERP, billing, work and as set management, field force and work force management, capital project management, meter and data management, and ETRM.

Complex Bundles

The utilities industry (power, water, waste, oil and gas) has become increasingly competitive in the wake of deregulation and the rise of renewables (solar, wind, storage). Production is becoming distributed with users generating energy and feeding it into the grid. Utility providers now offer complex product and services bundles including blends of traditional and renewable energy, smart home appliances, security, IoT, solar panels, e-mobility, banking, insurance, telecom and more.

Pricing Challenges

Utilities are using new pricing models, such as real-time pricing, prepaid, promotions, multi-party agreements and settlements, and tiered tariffs. They are launching apps for energy usage analysis, smart meters, service and bill notifications, or optional rate plans based on time and demand response.

Virtualization

Most utilities are in the early stage of virtualizing their front and back office systems. CPQ is often an adjunct to legacy sys ems, such as CIS, ERP, billing, work and as set management, field force and work force management, capital project management, meter and data management, and ETRM.

How Bit2win Supports Energy and Utility Providers

Bit2win’s multi-cloud solution suite provides many energy and utility-specific capabilities such as the following.

Price and Cost Simulation

Price and cost simulation module for the B2B segment.

Utility-specific Data Models

Vertical data model including service point management, billing profiles, payer, users, and much more.

Utility-specific Product Catalog and Pricing Schemas

Product catalog and pricing schemas specific for commodities where each single commodity product has multiples pricing over the time.

Recommendations and Estimates

Needs-based services and product recommendation and service cost estimates over the time.

Utility-specific Business Processes

Includes switch in, new activation, disconnection, I join, suspension, resume, change ownership and more.

SAP Integration

SAP ISU connector for commodities.

Zuora Integration

Zuora connector for non commodity products.

API Integration

Integrate with any ERP and billing system via APIs.

Supports Massive Operations

Subscription, change tariff, suspension, resume, etc. for large B2B and wholesale.

Multi-point Shopping Cart

Multi-point shopping cart for B2B management, order line item split, massive line updates .

Pricing System Integration

B2B personalized offer integration with external pricing systems.
active1
active

Deployed by Leading Enterprises