Evolve Analytics is a specialist in the Utilities sector, providing expert services and tailored software to analyse and correct industry data that has a direct impact on a utility supplier’s gross margin, both from a revenue and cost angle.
Evolve Analytics has developed software and methodologies, built upon detailed knowledge of the energy and water sectors, to deliver financial and operational performance benefits for utility suppliers.
Evolve can tailor its software, outsourcing solutions and data driven consulting services to focus on the task at hand, allowing sensitivity and flexibility to the ever changing needs and challenges of its clients.
Unlike many of its current competitors, Evolve carries out analysis at a meter point level built from the bottom-up to minimise inaccurate results related to the use of aggregated, profiled, averaged or estimated data.
The life cycle of each meter point is tracked as data moves through the industry and the suppliers business. Where the supplier has only been provided with an aggregated view by the industry, Evolve’s model uses industry data flows, standing data, methodologies and algorithms to replicate the meter point level view.
This methodology and level of attention to the detail, combined with statistical models and industry rules engine, allows Evolve to identify and highlight error and insight used to optimise gross margin and recover cost.