Worldwide, fraud, theft and leakages are major forms of revenue losses for utility companies. It is estimated that losses from fraud and leakage can be as much as 5–9% of the annual profit. There are various types of theft and leakages prevalent in power and electricity, water services, and gas & oil companies. Since the infrastructure of utilities is largely automated and rely on large-scale computer networks, these systems are vulnerable and prone to cyberattacks from hackers and hostile powers.
Infosys BPM helps utility companies detect and prevent theft and leakages with solutions such as:
5x ROI
for the clients
Reduce
false positives
Predict
emerging threats
Achieve
better risk coverage