For many Swedish electricity retailers, it is not only about running the business efficiently, but about doing so with better data quality, lower IT costs and greater adaptability in an increasingly demanding market. Rising wholesale prices are already squeezing thin margins, while customers expect lower costs. In this situation, older platforms often become a constraint, with limited flexibility, high maintenance costs and poor usability.
“We already run some of the most innovative and cost-effective energy companies in the Nordics on our platform. Swedish electricity retailers deserve the same opportunities,” says Sara Rasmussen, CRO at UtilityCloud. “When margins are squeezed and older platforms become a constraint, retailers need a solution that combines flexibility, automation and lower IT costs.”
In delivery, it is Embriq’s well-regarded Prodat and metering-data management for electricity retailers on the Swedish market that ensures high data quality. UtilityCloud’s modern CIS platform is built for flexibility, automation and low total cost of ownership. UtilityCloud’s customers grow 15 times faster than the market average, save 40–90 percent in IT costs and see 35 percent lower churn.
Together, the companies create a unique offering for the Swedish market; a solution that both improves the quality of critical metering data and makes it possible for retailers to leave expensive and inflexible CIS environments behind. The combination provides better conditions for growth, more efficient operations and strengthened competitiveness.
“Swedish electricity retailers need solutions that are both robust and adaptable,” says Magnus Chöler, Sales Director at Embriq AB. “Through the partnership with UtilityCloud, we can offer an alternative that improves the management of asset and metering data while reducing dependence on expensive and slow-moving legacy systems. It is a highly relevant offering for the challenges the market faces right now.”
The partnership is built on a shared ambition to help Swedish electricity retailers modernize their operations without compromising on control, reliability or service quality. By combining Embriq’s market experience in Prodat and metering-data management with UtilityCloud’s technology platform, the companies create a practical and differentiated offering for a market in constant change.
About UtilityCloud
UtilityCloud helps energy retail companies strengthen their competitiveness while reducing costs. The company runs some of the fastest growing and most innovative energy retailers in the Nordics within electricity retail, district heating and EV charging. With flexibility and automation as guiding principles, UtilityCloud helps its customers offer competitive value propositions to the market while running efficient operations. UtilityCloud’s customers grow 15 times faster than the market average, save 40–90 percent in IT costs and experience 35 percent lower customer churn.
About Embriq
Embriq is a Nordic technology company and a leading provider of software and digital solutions for the energy and multi-utility sector. The company develops its own software that helps energy companies collect, integrate, process and analyze large volumes of metering data, and manage operations, work orders and central market processes. The solutions give customers better overview, control and insight, so they can work smarter, make better decisions and operate more efficiently to meet the demands of a structured and future-proof business. Embriq also delivers services within IT operations, industrial IoT and consulting for business-critical environments.