Energy companies and utilities operate in a complex and constantly evolving business, geopolitical and regulatory climate. Declining energy prices, increased regulation and political pressure for sustainable and smart solutions demand enhanced operational efficiency, as well as security and visibility across the value chain.
Advances in Internet of Things capabilities, Energy Management Solutions (EMS) and smart devices and assets are creating new opportunities to address these industry imperatives. The challenge lies in managing and modernizing existing environments while investing in initiatives that drive transformation, redefine business and energy delivery models and enable grid modernization.
Tim Tech partners with energy and utilities companies to develop and execute effective operational programs. By enabling Energy Management Solutions and multi-device integration, we leverage the potential of the Internet of Things to create networks of intelligent, data-collecting devices that deliver quick wins while building momentum for a long-term strategy.
Overview of Benefits
10-25% Reduction in Utility Spend
Through Cloud-based Energy Management Solutions that monitor assets to enhance reliability and reduce power outages, as well as identify sources of waste to enable corrective action.
Internet of Things Capabilities
That create networks of connected, intelligent devices that enable smart meters; ongoing monitoring, data collection and analysis that enhance security and drive continuous improvement and improve remote asset management.
Cognitive-Enabled Business Process Automation
That optimizes the execution of generic back office processes as well as industry-specific functions related to billing and meter management.