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:
Infosys BPM has more than 2 decade-long experience in the Utility sector. Our advanced Billing Assurance and energy theft/fraud solutions help identify new and complex patterns in fraudulent activities, detect possible leakage areas, and deliver actionable insight using pattern detection and usage analytics.
Our fraud solutions are combination of domain expertise, process management experience and data analysis, and visualization management. We deliver expandable and future-proof loss assurance and theft/fraud controls to track all data stream and maintain 100% revenue assurance and fraud coverage.
for the clients
better risk coverage