Brontobyte's innovation center creates and
provides intuitive solutions tailored to the market's needs. Our approach is
driven by market demands, focusing on addressing gaps in industry processes and
a passion for system optimization. This dedication has led us to develop
several unique products for the Utilities sector and the most effective in
detecting fraud and revenue leakages we bring a solution ENphasize.
Fraud detection and revenue assurance are essential for modern utilities facing revenue loss from theft and distribution inefficiencies. Brontobyte Technologies’ ENPHASIZE is an advanced solution designed to detect, prevent, and reduce transmission and distribution (T&D) losses efficiently—without the expense of additional smart metering systems.
Utility Market Study
Fraud is a major problem in the utility sector, with the industry losing about $96 billion annually. This represents 3-5% of total revenue, primarily due to issues like meter tampering and illegal connections. Fraud management solutions can help recover up to 60% of these lost revenues, making them a crucial investment for utilities.
By adopting fraud detection systems, utilities can see a 200-400% ROI within a few years. Automation also helps cut operational costs by 30% since fewer resources are needed for manual fraud checks, making it a cost-effective solution.
AI-driven fraud management systems significantly improve fraud detection, with an accuracy boost of 85-95%. They also reduce false positives by 50%, allowing staff to focus on genuine cases and enhancing overall efficiency.
Investing in fraud management also builds customer trust, with utilities seeing up to a 20% increase in satisfaction. Smart meters can reduce fraud losses by 15%, and cloud solutions can cut IT costs by 25%. With the market for fraud detection solutions growing at 13-15% CAGR, now is the right time for utilities to invest.
WHY ENPHASIZE?
Brontobyte proudly offers its ENPHASIZE product, designed to support utility companies in utilizing SAP IS-U for comprehensive reporting.
- This solution enables utility clients to generate reports that assess the amount of energy lost at each stage of transmission and distribution, tracking it from network points to individual consumers.
- Clients can evaluate the impact of these losses on both short-term and long-term revenues.
- The system allows for the creation of Service Orders directly from the report interface, with the ability to monitor progress via dashboards.
- ENPHASIZE is highly adaptable, capable of expanding to include additional analyses of SOS network data and installation-based data.
- The flexibility of the system extends to its reports, database model, formulas, and navigation, all of which can be customized to meet specific client needs.
Communication and Transparency:
- Report Fraud: Publish guidelines on how consumers can report electricity and water fraud, ensuring easy access to reporting channels.
- Penalties and Consequences: Highlight legal consequences for individuals or businesses caught committing fraud.
- Preventive Tips: Share advice on how customers can secure their own connections to prevent unauthorized access.
Key Advantages
- Simple to implement and operate.
- The system retrieves data quickly
- Providing 360-degree customer profile
- Algorithms calculate loss percentages
- Analytics provide insights on consumption
- Evaluate losses' revenue effects.
- Reduces revenue leakage
- increase the profitability.
Secure Your Revenue with ENPHASIZE
Take control of your utility’s revenue and security with ENphasize’s advanced fraud management solution. ENphasize offers a reliable fraud management solution designed to help utilities recover lost revenue, improve fraud detection, and simplify operations. Our approach is focused on delivering practical results that reduce costs and enhance security. Contact us to learn how ENphasize can provide a straightforward solution to protect your revenue and improve service quality.
