Eedo Lifshitz, AVP Business Development chaired the “Revenue Assurance for Utilities” conference held in Berlin on June 26-28
Read here his presentation: “Aligning Revenue Assurance with Utility Business Objectives”
2. 2
About cVidya
A global leader in Revenue Assurance and marketing analytics
Addressing Telecom, Media and Utility service providers
Successful deployments in 150 operators
Deployed industry’s largest RA project processing more than 14B events daily
#1 Revenue Management Global Market
Provider by Gartner (April 2011)
TM Forum Leadership 300 employees
Global presence in 20 locations
Partnership with the world leading vendors
150 customers
– 20 out of the 30 largest operators
3. 3
Market Trends
Paradigm shift in Utility market resulting in new risks
Leakage accounts for up to 5% of utility revenue
Pricing is becoming more complex
New pricing & billings models prone to error
New Cyber and Fraud risks
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Revenue Leakage Risks
Unbilled usage
Metering errors
Missing accounts
Unbilled onetime charges
Credit risks (impact of estimations)
Undercharging - Rates do not match
customer contract
Overcharging by partners
Reconciliation inter-supply disputes
6. 6
Operational Risks
Gaps between monitoring and
actual usage can impact Grid
reliability
Operation data loss may disrupt
operational decisions and
automation
Fraudsters may tamper critical data
necessary for grid operation
Logistics ERP (inventory)
discrepancies
7. 7
Smart Meter Program Adoption Risks
Lost meter data
Incorrect bills may result in
Smart Meter push back by
consumers
Data discrepancies may delay
Smart Meter deployment
8. 8
Fraud Risks
Meter tampering to reduce charges
Tampering of customer account in billing system
Internal fraud
Equipment theft
9. 9
IT Integration Risks
Data discrepancies between network
and business systems
Data loss in between systems impacting
decision systems
Application deployment delays due to
erroneous data between systems
Data inconsistencies while upgrading
from “older” systems to “modern”
service platforms
10. 10
The Solution - UtilityMap® Suite
cVidya Platform - Analysis Layer:
Leakage Resolution, Discrepancy Analysis, Leakage Reporting
UtilityMap®
Configuration
UtilityMap®
Usage
UtilityMap®
Rating & Billing
Verification
cVidya Platform, ETL
Administration
Collecting &
reconciling
configuration
information from
various data sources
such as MDM, CRM,
Billing, Accounting
Monitoring and
Recovering revenue
lost due to missing or
incorrect usage data
along the Meter-to-
bill route
Verifies the
rating and
billing of all
TOU rates
and interval
usage data,
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How can Big Data/Analytics Optimize Revenue?
Big Data
– Volume: Smart Meter and Distribution Automation Monitoring
– Velocity: Near Real-Time
– Variety: Structured and un-structured data
Analytics
– Analyze, process data, correlate and identify data discrepancies
– Prioritize revenue risks
– Identify Revenue Leakage and Fraud schemes
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Guidelines for Selecting RA Solutions
Revenue Assurance domain expertise and methodologies
Adherence to TM Forum RA standards (Maturity Model)
Utility domain expertise
Automation & scalability to address the Big Data tsunami
Built-in use cases and Analytics to streamline detection of leakage
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The cVidya Advantage
Market leader in the Revenue Assurance
and Risk Management domain
Big Data capabilities and scalability to
meet massive utility data
Head the TMF Revenue Assurance group
Tier-1 operators deployment experience
that can be leveraged for utilities
Industry’s largest RA project processing
more than 14B events daily
Risk Assessment methodologies and
comprehensive consulting services
On-Site/Hosted Managed Services and
Cloud deployment models