We're delighted to announce that Revenue Intelligence is now an official partner of the SAP Industry Cloud Solution. This marks a major milestone in our journey towards delivering cutting-edge solutions that drive business success. At its core, SAP's industry cloud represents a powerful platform for innovation and collaboration. With this partnership, we'll be working closely with SAP and other industry leaders to develop even more value-driven solutions for our clients.
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Transforming revenue management for utilities just got easier with Revenue Intelligence - now available on SAP Store. Our industry-leading solution for Revenue Assurance, Cash Collections and Geospatial Analytics is now more accessible than ever, thanks to our enhanced partnership with SAP. Join the many businesses already benefiting from Revenue Intelligence and streamline your revenue management today. Explore our solution on SAP Store.
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We are glad to announce Choice's Revenue Intelligence project in SEC was awarded with The Global Power Elite 2022 as best Global Data Analytics Project category. Reaching more than 500k inspections per year, the solution has increased effectiveness in 300% and the productivity in more than 1200%, indicating that for each inspection the amount of electricity invoiced was much greater.
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It is April’s fool day, but the facts we present are real. What can you do with 1.4 trillion data points? In this short article our CEO Denis Maia debates how many things we can achieve with Big Data and Revenue Intelligence.
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Taking advantage of a multi-company feature, AES group in El Salvador, increased the reach of the Revenue Intelligence solution. The renowned group incorporated yet another company (Empresa Energética de Oriente) to the platform. In AES, Revenue Intelligence platform has now reached more than 1.5 million consumers, proving its value also for mid-range size utilities.
Continuing a partnership that lasts more than 6 years, the largest group of utilities companies in Colombia, with more than 8 million consumers, renews Revenue Intelligence software licenses, clearly demonstrating the satisfaction and added value of the solution in its processes. In this renewal, the group hopes to continue reducing and controlling energy, water and gas losses in its market of influence, guaranteeing the results it has historically obtained with Revenue Intelligence.
CEMIG, electricity distribution company in the state of Minas Gerais (Brazil), with more than 8.5 million consumers, is Choice Technologies' new client. Following a public bid with extensive list of business and technical requirements to attend issues on Collection and Non-Technical losses, Choice was awarded with this project. CEMIG took a big step on the struggle against commercial losses and bad debt, by adopting Revenue Intelligence unique platform to tack those issues.
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Light, the electric distribution company in the state of Rio de Janeiro in Brazil, renewed its contract with Choice Technologies for more 5 years, extending a partnership that started in 2007. The utility company that serves more than 4.5 million consumers, aims to continue reducing the commercial losses. The agreement will allow Light to accurately monitor not only the balance of energy losses by segment of the distribution network, but also to advance in the fight against fraud, a problem that gains strength with the difficulty of inspection and the economic effects generated by the pandemic.
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Non-Technical Losses could increase almost USD 1 billion in Brazilian power utilities until 2021 due COVID-19 impact. On this article, our CEO Denis Maia, describes the impact of losses and collection due the pandemic on the utilities market.
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Delinquency in utilities' bills have increased, reducing dramatically companies' cash flow. On this article, our CEO, Denis Maia, discuss alternatives to reduced bad debt in times where disconnections are neither allowed not recommended due the pandemic, suggesting that utilities must jump into individual negotiation, instead of one-size-fits-all mass approach. With artificial intelligence, profiling and scoring for individual settlement is a short-term actionable measure.
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SEC the main distribution company in Saudi Arabia, with more than 10 million consumers, celebrated the “Go-Live Event” of Revenue Intelligence software. In partnership with SBM (Saudi Business Machine), we are glad to be part of this achievement. The event was celebrated enthusiastically.
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We are glad to announce Choice's Revenue Intelligence project in EPM was awarded Global Energy Elite 2020 in Utility Transformation category. The financial results of this project reached USD 53M within 3 years of additional EBITDA. Congrats to Choice and EPM's teams that made it happen. Great success case of Revenue Intelligence on SAP HANA and Choice-SAP Global Partnership on Revenue Assurance.
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1st time attending Asian Utility Week. Denis Maia represented Choice and jointly delivered a session with Smart Energy Water and TechMahindra with a focus on Non-Technical Losses reduction. Additionally, Denis Maia was interviewed by Smart Energy International to talk about non-technical losses and revenue protection.
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8th year attending SAP IUC for Utilities, this time in Milan, from April 02 to 04, 2019. Joint activities with Smart Energy Water and SAP to leverage the global partnership for Utilities.
Again in New Delhi to attend India Smart Grid Week, that was held from March 12 to 16, 2019. With a joint presence with Smart Energy Water, Choice’s strategic partner, it was an excellent week to discuss the topic of Revenue Assurance, in particular around Non-Technical Losses, with several distribution companies.
Choice Technology Holding (Choice) Announces Capital Funding and strategic global partnership with Smart Energy Water (SEW). A group of Energy and Water technology investors announced today that they have acquired a controlling interest in Choice Technology Holdings (Choice), the global leader in solutions to improve efficiency and customer benefits through the reduction of energy loss. With this investment, Choice has strengthened its balance-sheet and is positioned to execute on its ambitious operating goals to address the growing worldwide demand for its solutions.
Click here to see the Press Release
Denis Maia, Choice’s CEO, attended SAP SAPPHIRE, between June 04 and 07, 2018, in Orlando, Florida, USA where he had the chance to meet Utilities C-Level executives from Asia to the USA as well as strengthen the relationship with SAP regional VPs.
Second year in a row in Lisbon, Choice was a Platinum Sponsor at the SAP IUC for Utilities, from April 17 to 19, 2018. Very hectic days with several in-room executive meetings and one-to-one conservations at the booth, fully booked Keynote session and crowded presentation room where we discussed the challenges, solutions and benefits around Revenue Assurance for Utilities.
Implementation and operation of Revenue Intelligence in the EPM Group to fight non-technical losses in Energy, Water and Gas Utilities – a successful experience. The article describes the project implemented for reduction and control of non-technical losses, supported by the Revenue Intelligence software on top of HANA in -memory database. This analytics software, with artificial intelligence and machine learning technologies, operates on EPM Group’s electricity, water and gas network data. The results, in the first months of operation of the solution, already show an increase of 98% in energy recovery from fraud and the total benefits of the project in the year 2017 exceed 6 million US dollars.
Click here to read the article
First time attending India Smart Grid Week, that was held in New Delhi from March 03 to 05, 2018. During the event, the joint partnership between TPDDL, SAP and Choice was announced. This partnership aims to provide country-wide support to electricity distribution companies on their endeavors to reduce AT&C Losses.
See the announcement hereSee the brochure here
Choice was one again elected SAP Partner to have a micro stand at the SAP booth, during European Utility Week in Amsterdam from October 03 to 05, 2017. Good customer and partner meetings held during the event.
Non-technical losses in the Utility Business – What it is and why it matters to all of Us – Metering International – Issue 4 / 2017
The article “Non-technical losses in the Utility Business – What it is and why it matters to all of Us” by Rui Mano, VP of Choice Technologies, was published by Metering & Smart Energy International magazine.
Choice mentioned in the Northeast Group report as “global leading vendor” in Pure Analytics for Electricity Theft and Non-Technical Losses. Glad to be the strategic partner for our customers in this challenge. My many thanks to all our employees for this recognition.
Denis Maia, CEO of CHOICE
Read The Northeast Group Report
Strategies To Fight Non-revenue Losses In Utility Distribution” Metering International – Issue 3 / 2017 The article “Strategies to Fight non-Revenue Losses in Utilities Distribution” by Rui Mano, VP of Choice Technologies, published by Metering & Smart Energy International magazine. Combating losses is a war without an end in sight, but not necessarily a war without winners. Reducing non-technical losses to a manageable value is a primary objective of utilities to better serve the population with quality services at a fair price. This objective can be achieved with the use of modern intelligent software technologies and processes generating significant results to support tariff modality. These issues are discussed in the article “Strategies to Fight non-Revenue Losses in Utilities Distribution” by Rui Mano, VP of Choice Technologies, published by Metering International – Issue 3 / 2017.
Full article from Metering International 03/2017
Choice was a Platinum Sponsor at the SAP IUC for Utilities, held in Lisbon from March 28 to 30, 2017. Good customer conversations at Choice booth and crowded sessions where we discussed the challenges, solutions and benefits around Revenue Assurance for Utilities.
Choice was one of the elected SAP Partners to have a micro stand at the SAP booth, during European Utility Week in Barcelona from November 15 to 17, 2016. Good customer and partner meetings held during the event
Rui Mano, Choice’s VP of Strategic Alliances, attended SAP SAPPHIRE, between May 17 and 19, 2016, in Orlando, Florida, USA where he had the chance to highlight the value of the partnership with SAP and the benefits of the integration with HANA. See the video in the Media section.
Choice was a Platinum Sponsor at the SAP IUC for Utilities, held in The Hague from April 11 and 13, 2016. Good customer conversations at Choice booth and crowded sessions where we discussed the challenges, solutions and benefits around Revenue Assurance for Utilities.
Choice was a Platinum Sponsor at the SAP IUC for Utilities, held in Berlin from April 13 and 15, 2015. Good customer conversations at Choice booth and crowded sessions where we discussed the challenges, solutions and benefits around Revenue Assurance for Utilities.