There’s no shortage of data in the utility industry. What is in short supply are experts who have the insider knowledge to help utilities thrive in the future by unlocking the full potential of their data today.
As the only full-service SAP consulting and solutions company focused exclusively on utilities, Utegration can position your company to capitalize on advances in artificial intelligence, machine learning, smart grid technologies, IoT, and the future of customer experience.
Aug 5, 2022
The year 2022 is shaping up to be one of rising interest rates following near zero rates during the pandemic. The implication for pure-play regulated utilities is increasing borrowing costs for construction of new assets to the rate base. As interest rates rise, utility income will be hurt by higher debt financing because utilities compete for capital from bond investors who are attracted to rising yields. And higher debt service costs lowers returns to shareholders, at least in the short term.
May 24, 2022
There's really no way to overstate the importance of innovation at Utegration. Our people are passionate about using technology to improve the outcomes and experience of our clients. If you're familiar with our 4U™ family of solutions and services, for example, you know our passion often turns into products that address white space in SAP technology or in the utilities and energy industry at large.
May 24, 2022
Welcome back to our Customer Newsletter Series, "How Ready are You for the Future?" In Part 1 in the series, we described the Infrastructure Investment and Jobs Act (IIJA) as Utegration sees it – a once-in-a-lifetime opportunity to accelerate utility improvements and transformation. The objective of the article was to start the conversation about your utility's readiness to meet and deliver on this opportunity.
Apr 29, 2022
Customer experience is on the move… literally! The boundaries of Customer Information Systems (CIS) are extending to include customer self-service, field service, and sales of new products and services. Utilities are seeing this transformation as they begin their CIS upgrade or re-platforming journey.
Nov 2, 2021
For many years, utilities, energy companies and other asset-intensive businesses on SAP ECC have had to look outside the ERP to manage fixed asset accounting. Some core asset accounting functions were not delivered in the ERP—specifically, to construct, depreciate, and retire assets—so customers had little choice but to run an external asset accounting solution. In this scenario, the typical practice has been to move data from the ERP, into the external solution, and then back again to the ERP for posting to the general ledger.
Oct 15, 2021
According to Gartner, SAP is the worldwide leading solution provider for utility customer information systems (CIS), as well as the leading CIS provider with the largest total number of installed clients. SAP has over 4,500 utility customers globally with over 1,200 Industry Solution for Utilities (IS-U) installations. In North America, SAP currently has over 136 utility CIS customers. The main reasons investor-owned and mid-sized utilities select SAP for their CIS operations, they say, are SAP’s unique ability to handle comprehensive customer segmentations, multi-jurisdictional regulatory challenges and complex billing rate requirements.