Energy - Bit2win

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.

Deployed by Leading Enterprises

Choose the solution that’s right for you or request a demo for the whole suite.

DOWNLOAD THE GARTNER® REPORT

2023 Gartner® Magic Quadrant™
for Configure, Price and Quote Application Suites.

DOWNLOAD THE GARTNER® REPORT

Complete the form and download the Gartner® Report for free

Thank you for your interest.
We hope you find this report useful.