Utilities


A BALANCING ACT: REMAINING COMPETITIVE, CUSTOMER-CENTRIC AND PROFITABLE

With increased regulation and customer expectations, with a backdrop of technological advancements in renewable energy and an aging supplier infrastructure, the pressure to maintain and develop customer relationships, increase competitive edge and drive profits has never been greater for utilities companies.

Leveraging data to generate insights and create value is one of the biggest opportunities to understanding a customer behaviour, improving financial forecasting and increasing efficiencies.

TECHNOLOGY

Energy disaggregation will see artificial intelligence itemising consumers’ energy data into individual appliances, with the aim of cutting utility bills

PRICE CONTROLS

Ofgem has outlined its tougher price controls from 2021, requiring lower costs, better service quality and support the UK’s transition to a low carbon economy

DATA QUALITY

High quality information is vital for trust and confidence in the water sector – it also underpins Ofwat’s 2019 price review

25 years'

EXPERIENCE


We have over 25 years’ experience of working with leading banks and financial services providers, retailers, telecommunications companies and public sector organisations

50+

Data sources


Precision incorporates over 50 data sources, including National SIRA – the UK’s leading fraud prevention database, to enable clients to leverage the widest possible base of intelligence to build their analysis on

£7 million

Saved for clients


Precision has already helped save our finance and insurance clients over £7 million by accurately predicting cases of fraud and financial crime

Our thinking in utilities

Read a range of articles and reports, all crafted by the experts at Synectics Solutions, where you can uncover the latest insights and trends in your sector, and understand how developing technologies are shaping today’s organisations.

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CONTACT US

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  • Address:

    Synectics Solutions Ltd
    Synectics House
    The Brampton
    Newcastle under Lyme
    Staffordshire
    ST5 0QY