Enzen Global has billing solution for power Cos
Bangalore, May 14: Power Supply companies across the country will soon have an opportunity to test out a new integrated solution, 'meter to cash,' to enable them provide bills to consumers using internet linked to handheld devices.
Looked as a boon to power utilities facing heavy transmission and distribution losses, the integrated solution was being developed and hosted by fledgling Enzen Global Solutions, a technology enabler in the enterprise space, started in February by a group of ex-Wiproites.
Offering software as service, the company aimed at spreading the new concept across the country and take it to other countries.
A strong believer in its core competencies, Enzen Global Solutions had tied up with a dutch firm, Closed Gap, to deliver the solution and was in discussions with some of the Electricity Supply Companies (ESCOMs) to implement the project. The rollout would happen by mid June, Enzen Global Solutions CEO Satish Kumar told UNI in an interview.
Stating that Enzen would initially focus on consulting for energy and utilities, besides emission trading, he said it's solution would plug revenue leakage, besides providing a view on distribution and consumption patterns.
He said the company would itself host the server for which the ESCOMs would not have to make any upfront investment and go through the hazzles of IT investments and training necessary manpower. Besides, consumers would be in a position to pay their bills through the internet itself without any problem.
Mr Kumar explained that the solution would enable data collection through hand held devices while billing and customer information systems were handled through the Internet. ''We are establishing strategic partnerships with hand-held terminal manufacturers for easy adoption of our service,'' he said, adding that talks were also on with GIS technology providers for necessary GIS information.
Stating that the company would be a pure play consultant, he said it would tie up with firms with relevant core competencies across the world to deliver the neccessary integrated solution to power utilities.
Stating that the wealth of data and information available with the power utilites were not being put to proper use as it was not available at an appropriate time to decision makers, Mr Kumar said free flow of data could enable reduction in Transmission and Distribution losses and nab the culprits.
The main problem with power utilities was that there was lack of energy audit, though some of the State utilities had now woken up and started installing meters at transformer levels, he added.
Mr Kumar said with a team of 45 software engineers, Enzen would focus on domain-led technology enablement in the enterprise and help customers accelerate business benefit realisation through use of proven industry skills and long-term partnerships.
The company, which aimed at logging a turnover of 15 to 20 million US Dollars this year, would concentrate on energy trading, refinery operations, embedded products, work and asset management, energy marketing and retailing, customer care billing and Invoicing and enterprise management.
It also planned to take up emission trading which was currently a 40 billion Dollar market across the globe.