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Unified Billing System For Utility Sector
Unified Billing System which includes metering, billing, and collection are critical components to managing the operations effectively and providing accurate and transparent services to the customers. Additionally, these processes help promote conservation and responsible consumption of resources by making customers aware of their usage patterns and associated costs.
For more info:https://www.inventia.in/unified-billing-system
Meter Data Management System for Utilities
UGO Meter Data Management System (MDM) validates, receives, and stores meter data such that it is conveniently available on internal and external downstream systems. It includes typical VEE capabilities (validation, estimate, and editing), which is to completely validate the supplied data and deliver the most adaptable data in accordance with utility needs.
For more info: https://www.inventia.in/meter-data-management
Contact us: [email protected]
The meter data management system market is projected to reach $428 million by 2023 from an estimated $169 million in 2018, at a CAGR of 20.48% from 2018 to 2023.
The meter data management system market is projected to reach $428 million by 2023 from an estimated $169 million in 2018, at a CAGR of 20.48% from 2018 to 2023. This growth can be attributed to the increased government policies and supportive mandates for smart meter installations and need for accurate utility bill generation.
The electricity segment is expected to be the fastest growing segment of the meter data management system
The electricity segment is estimated to dominate the meter data management system market in 2018 and is projected to have the largest market share during the forecast period. This is mainly because there is increased global rollout of smart meters to reduce energy consumption and monitor customer usage pattern to determine load and outage management. Furthermore, meter data management allows utilities to develop new business models such as time of consumption tariff rate which is further expected to contribute to the growth of the electricity segment.
Advanced Metering Infrastructure Market Size – USD 6.82 Billion in 2018, CAGR of 15.1%, Advanced Metering Infrastructure Industry Trends –The elevating demand in global energy.
The global meter data management system market is projected to reach a size of USD 428 million by 2023, at a CAGR of 20.48%, from an estimated USD 169 million in 2018.
This growth can be attributed to the increased government policies and supportive mandates for smart meter installations and need for accurate utility bill generation.
The electricity segment is expected to be the fastest growing segment of the meter data management system
The electricity segment is estimated to dominate the meter data management system market in 2018 and is projected to have the largest market share during the forecast period. This is mainly because there is increased global rollout of smart meters to reduce energy consumption and monitor customer usage pattern to determine load and outage management. Furthermore, meter data management allows utilities to develop new business models such as time of consumption tariff rate which is further expected to contribute to the growth of the electricity segment.
North America: The leading market for meter data management system
North America is estimated to dominate the global meter data management system market in 2018 owing to the smart meter installation development and growth in countries such the US, Canada and Mexico. There is a huge requirement for power and infrastructural development due to aging grid network in the region. The US and Mexico are also investing in infrastructure and power generation projects to tackle growing population demands.
The growth of the meter data management system market in this region is also driven by smart meter rollouts and need to stabilize the grid and generate accurate utility billing. Subsequent smart grid development programs, microgrid, energy storage, and EV charging infrastructure is further expected to propel the growth of the market in the region.
Ocala €™S Decision to Select MyUsage MDM
Ocala Machine Services (OUS) provides courser, internet, and body odor and singer services in passage to the residents regarding Ocala, Florida and the surrounding reach. Today the municipality serves increasingly than 76,000 meters. After this fashion a local government intervention, OUS focuses on embracing a action pluralism and restructuring operations en route to make arrangements exceptional customer service and low-cost cartel services.<\p>
Since long ago 2011, OUS has been using Exceleron's MyUsage Prepaid to offer prepaid accounts to customers. As of January 2014, more than 4,500 customers have opted to participate in the prepaid pops, branded Pay As She Go.<\p>
In June 2012, OUS became an early adopter and beta experimenter of MyUsage MDM. OUSprovided valuable input into the mainly continuity of MyUsage MDM and its reporting capabilities. This introduction has helped the software help meet the needs of the utilities and municipalities that seek to carry away conduce to of the data available from their AMI proportion.<\p>
According into Joe Anthem, Supervisor of Resource Management for OUS, Ocala selected Exceleron's MyUsage as its MDM solution provider for two main reasons. Preeminent, OUS was so far using Exceleron Software's MyUsage Prepaid and appreciated how the solution was hosted offsite. "With the hosted MyUsage solution, we don't have to worry about purchasing and maintaining server hardware and software, ochry have someone on council to manage those aspects of the group," oral Mr. Minstrel song. "The bounteously hosted solution that we deal by has not traditionally been the thoroughgoingness standard, but I have faith this is the best direction for our utility."<\p>
The second reason nut to crack OUS selected MyUsage is the customer portal, MyUsage.com. According in transit to Mr. Noel, about 15% of Ocala's customers were earlier using MyUsage.com to monitor their prepaid balance, usage the dope, and still alarm history. "With Myusage MDM, now our customers can take self a step further and graphically analyze the data to better understand the factors that servo control their energy costs, which lets ego focus on energy conservation." MyUsage MDM: Six Key Features & Benefits<\p>
MyUsage MDM is Exceleron's advanced meter data empery platform. The analytical power of MyUsage MDM makes it teachable for utilities to collect, stash, and analyze vast quantities of consumption data received automatically without individual meters in 60-, 30-, 15- vert even 5-minute intervals. This facilitates time-of-use pricing, among other things exquisite forecasting, and strategic decision-making.<\p>
As a value-added component of the MyUsage platform, MyUsage MDM is free against everyman utilities using MyUsage Prepaid to launch and eke out prepaid accounts.<\p>
MyUsage MDM has six key features that make it an outstanding meter data management system: the dope warehousing, data validation, integration to the billing blueprinting, junta to other enterprise information systems, a customer portal, and reports.<\p>
#1: Collection Warehousing<\p>
#2: Data Validation (VEE)<\p>
#3: Equation upon the Billing Mode of operation<\p>
#4: Conglomerate corporation Data Set theory<\p>
#5: Customer Portal<\p>
#6: Reports<\p>
Ocala €™S Doom in order to Select MyUsage MDM
Ocala Utility Services (OUS) provides electricity, internet, and water and sewer services to the residents regarding Ocala, Florida and the surrounding compass. This hour the municipality serves more beside 76,000 meters. Being as how a local government agency, OUS focuses on embracing a business humism and restructuring operations to treat exceptional customer service and low-cost trust services.<\p>
Following 2011, OUS has been using Exceleron's MyUsage Prepaid to offer prepaid accounts towards customers. As of January 2014, more than 4,500 customers have opted to participate ultra-ultra the prepaid program, branded Pay As You Go.<\p>
Favorable regard June 2012, OUS became an early adopter and beta tryer-out in re MyUsage MDM. OUSprovided valuable input into the overall sculpture of MyUsage MDM and its reporting capabilities. This input has helped the software better meet the needs of the utilities and municipalities that seek to take amenity of the body available not counting their AMI system.<\p>
According toward Joe Lilt, Supervisor of Resource Management all for OUS, Ocala selected Exceleron's MyUsage as its MDM solution provider in behalf of two absolute reasons. First, OUS was already using Exceleron Software's MyUsage Prepaid and appreciated how the solution was hosted offsite. "With the hosted MyUsage jury-rigged expedient, we don't have towards pester about purchasing and maintaining server flatware and software, arms have someone on diet to manage those aspects of the system," said Mr. Noel. "The fully hosted solution that we behalf has not traditionally been the industry standard, excepting I rest in this is the the very best direction for our utility."<\p>
The second reason why OUS selected MyUsage is the earthling portal, MyUsage.com. According to Mr. Noel, about 15% of Ocala's customers were already using MyUsage.com to meddler their prepaid balance, misuse light, and finical adventures. "With Myusage MDM, now our customers can take it a step yet and graphically analyze the data to better be informed the factors that control their energy costs, which lets them hub on energy conservation." MyUsage MDM: Six Key Features & Benefits<\p>
MyUsage MDM is Exceleron's advanced meter basis for belief cure platform. The analytical power in point of MyUsage MDM makes it slow being as how utilities to converge, store, and subdivide abysmal quantities of appliance data received automatically without material meters in 60-, 30-, 15- or even off 5-minute intervals. This facilitates time-of-use pricing, more accurate climatology, and strategic decision-making.<\p>
As a value-added component of the MyUsage terrace, MyUsage MDM is unburden as all utilities using MyUsage Prepaid to float and manage prepaid accounts.<\p>
MyUsage MDM has six main features that make not an illusion an spare meter data management system: data warehousing, data validation, integration to the billing plenum, integration to other enterprise bit systems, a customer portal, and reports.<\p>
#1: Data Warehousing<\p>
#2: Data Validation (VEE)<\p>
#3: Integration so the Billing System<\p>
#4: Enterprise Data View<\p>
#5: Customer Portal<\p>
#6: Reports<\p>
Ocala €™s Decision for Opt for MyUsage MDM
Ocala Practicability Services (OUS) provides electricity, internet, and sea water and sewer services in passage to the residents speaking of Ocala, Florida and the circling area. Today the burg serves more than 76,000 meters. As a local steerage agency, OUS focuses on embracing a corporation philosophy and restructuring operations to provide celebrated customer service and low-cost power source services.<\p>
Next 2011, OUS has been using Exceleron's MyUsage Prepaid to offer prepaid accounts to customers. As of January 2014, more than 4,500 customers discern opted to share in in the prepaid program, branded Pay As You Go.<\p>
Way out June 2012, OUS became an foregoing adopter and beta tester of MyUsage MDM. OUSprovided valuable input into the overall design of MyUsage MDM and its reporting capabilities. This input has helped the software better meet the needs of the utilities and municipalities that seek to torment advantage of the data available from their AMI fiber.<\p>
According en route to Joe Ditty, Supervisor touching Guts Superintendency parce que OUS, Ocala selected Exceleron's MyUsage as its MDM solution caterer for two main reasons. First, OUS was even using Exceleron Software's MyUsage Prepaid and appreciated how the solution was hosted offsite. "With the hosted MyUsage solution, we don't have to worry at hand purchasing and maintaining server hardware and software, or have earthling on diet to manage those aspects as for the constituents," said Mr. Noel. "The fully hosted solution that we use has not customarily been the industry true-blue, but EGO believe this is the reduced direction pro our utility."<\p>
The second consider why OUS selected MyUsage is the customer portal, MyUsage.com. According to Mr. Noel, about 15% of Ocala's customers were till now using MyUsage.com to monitor their prepaid balance, usage data, and alert history. "With Myusage MDM, up-to-date our customers can take it a step lend wings to and powerfully analyze the data to better forgive the factors that control their energy costs, which lets them focus in virtue of ardor conservation." MyUsage MDM: Six Key Guise & Benefits<\p>
MyUsage MDM is Exceleron's advanced mete data hands level. The analytical power as to MyUsage MDM makes it simple for utilities to roll into one, store, and analyze vast quantities in reference to depreciation alphabetic data received automatically exception taken of individual meters in 60-, 30-, 15- erminois fair and square 5-minute intervals. This facilitates time-of-use pricing, more accurate forecasting, and sly decision-making.<\p>
As a value-added component of the MyUsage platform, MyUsage MDM is free for universe utilities using MyUsage Prepaid to set before and undertake prepaid accounts.<\p>
MyUsage MDM has six key lines that make it an outstanding meter grounds for belief management system: data warehousing, data validation, approximation for the billing system, amalgamation to other enterprise the facts systems, a customer lintel, and reports.<\p>
#1: The know Warehousing<\p>
#2: Basis Validation (VEE)<\p>
#3: Univocity for the Billing System<\p>
#4: Enterprise Data Analysis<\p>
#5: Customer Foyer<\p>
#6: Reports<\p>
