Phoenix IT Solutions Ltd. was adjudged Winner in this year’s Fierce Innovation Awards: Energy Edition, a utility-reviewed awards program from the publishers of FierceEnergy and Smart Grid News. Phoenix IT Solutions was recognized as a Winner in the Technology category under Meter Data Management segment.
Phoenix IT Solutions was selected as a winner for its innovative, industry leading product, NXTER™ – Next Generation Energy Retailer Solution™. The Finalists in the Technology Category were – Itron Inc., Beckwith Electric Company Inc., CODA Energy, Digi International and ViaSat Inc.

Applications from finalists were reviewed by an exclusive panel of executives from major North American utilities including CenterPoint Energy, Duke Energy, Ameren Corporation, San Diego Gas & Electric, Iberdrola USA, Commonwealth Edison and PECO. Full profiles of the judges can be found at https://www.fierceinnovationawards.com/energy/2015#our_judges.

All applications were evaluated based on the following criteria: technology innovation, financial impact, market validation, compatibility with existing networks, end-user customer experience, and overall level of innovation.
NXTER™ – Next Generation Energy Retailing Solution™

NXTER™ from Phoenix IT Solutions Ltd is a cloud hosted solution for forward thinking Retail Energy Providers (REPs) to efficiently perform back office operations, meet new age energy consumer expectations and deliver innovative home energy management services. Unlike existing solutions, NXTER™ offers cost effective access to continuous innovation in connected home, energy efficiency, demand response and distributed generation programs through our value added offerings.

NXTER™ is built with three major components;

• An advanced Back Office system to provide renewed direction to operations in new energy markets
• Streamlined Enrollments functionality to increase success rate in customer acquisition by offering unified and simplified onboarding experience through broker, web and mobile channels
• Omni-channel customer Self-service energizes and simplifie s consumer engagement with REPs across web, mobile, email, SMS, IVR, and social channels

Speaking on the occasion Mr. Murali Krishna Gannamani, Managing Director and CEO of Phoenix IT Solutions said that this new and innovative product NXTER was developed with specific focus on deregulated retail energy segment in USA and UK markets catering to electricity, water and gas competitive retailers. He said that this award is a validation of the technology platform and business fit of Nxter’s cloud hosted solution for the retail energy companies.

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