Anyline Enchants the Energy Industry within the Digital World
The reduction of such non-technical losses is an absolute necessity for every utility in the world, as they burden the development of the company and of society as a whole. For this reason, leading utilities are partnering with pioneering tech innovators to develop solutions that can alleviate these problems using cutting edge artificial intelligence.
In tandem with the WKO – the Austrian chamber of commerce – Anyline held a webinar to talk about new technology, and in particular how AI-based optical character recognition (OCR) meter reading solutions can help utility companies with their data capture processes.
Why OCR meter reading reduces NTLs
While there are solutions to reduce energy fraud available, like the deployment of smart meters, it often implies a massive investment over several years. OCR meter reading technology can be integrated into utility processes within a few weeks and doesn’t require investment in hardware.
But how does Anyline meter reading reduce NTLs and fraud? This technology is paired with meter barcode and serial number scanning, and whenever a meter is scanned, a picture of the reading as well as the location and time of the reading are saved. All of this information can be used as proof that the correct meters are being scanned with the right value, reducing the possibility for fraud to happen.