Utilities and Energy

Overview

For industry leaders and new, disruptive entrants alike, an altered energy & utilities landscape offers incredible new opportunities despite significant risks. Decentralization, the threat of fraud and infrastructure attacks, commoditization and shifting sources (and partners) are just a few of the challenges that businesses need to account for to be profitably customer-centric in this new realm, which many are referring to as Energy 4.0.

With FICO Solutions for Energy & Utilities, you can now rapidly develop configurable, scalable and powerful decision solutions to solve some of your toughest operational and customer lifecycle challenges. You’ll also be able to realize the potential of game-changing capabilities such as AI and machine learning, while also monetizing your substantial investments in Big Data.

Sample Use Cases

Forecasting

Customer Lifecycle Management

Transform the Grid

Forecasting

Evolve beyond spreadsheet simulation to generate more accurate simulations in a matter of minutes instead of days. Plan optimal production scheduling for multiple plants and scenarios, even calculating production on an hourly basis.

Customer Lifecycle Management

Set deposit amounts based on risk level and business objectives; alert customers when usage falls outside of thresholds; provide timely notifications regarding outage resolution; reduce non-technical line loss false positives; derive efficiency scores; and detect possible catastrophic leaks with auto-shutdown and remote meter disconnect.

Transform the Grid

Simulate forecasted power generation over time on a massive scale. Simulate effect of new power sources on production, considering cost, availability, and logistics. Modify constraints and explore trade-offs to identify optimal layouts. Deploy excess energy to your transformed grid, while you gain a competitive advantage in wholesale markets. 

Customers

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