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What steps to take in order to better manage theft and fraud?

Driving utilities revenue assurance through predictive analytics

August 24, 2016 10:00 am GMT

It is estimated that the global electric utilities industry loses around $85 billion each year as a result of fraud and theft. At the same time, new stresses on power and water resources are expanding worldwide. Electric, gas and water utilities are increasingly seeking ways to protect their revenue and reduce waste without large capital investments.

So how do you effectively reduce your non-technical losses, and improve both operational performance and the bottom line – with no increase in manpower or OPEX? The answer is better information. New analytics tools offer the opportunity to protect revenues, reduce waste and get the greatest return for your inspection dollars. Join this roundtable to find out how.

Discussion Points

  • Understand why manual processes and limited statistical tools are hindering organisations’ revenue assurance efforts
  • Discuss what steps to take in order to better manage theft and fraud
  • Discover how best-in-class firms are using automation and emerging data analytics to help reduce non-technical losses
  • Learn how better information can lead to higher success rates on field inspections, delivering dramatic revenue gains
Moderator
Ben Thompson
Editor and Presenter at MeetTheBoss TV
Industry Expert
Denis Maia
Chief Executive Officer at Choice Technologies Holding