Objective
The project's aim is to develop solutions that will enable utilities to provide the European consumer with better services, in a flexible manner. The project will address a specific business requirement: How can utilities, driven by deregulation initiatives, be transformed so that they offer a more competitive set of services. Using technologies such as business modelling, knowledge discovery and e-commerce, the project will deliver:
1) The Customer Profiling Component: a set of models and the necessary tool support for customising existing or developing new services according to customers' behavior;
2) The Virtual Utility Market Component: an Internet portal through which different utility retail services and products will be available;
3) The Virtual Utility Shop Component: separate web sites for each retailer, dealing with customer transactions;
4) The Standards for Change Component: a best practices base.
OBJECTIVES
The traditional utility today finds itself facing the most challenging market conditions that it has ever experienced. Deregulation is bringing in new competition, not only from other utilities but, potentially from competitors with very different backgrounds. The main theme of this project is better value to energy consumers. To develop solutions and platforms that will enable utilities to provide the European consumer with better, more cost effective services and products, in a flexible and dynamically adaptive manner. The project will address a specific business requirement: How can utilities, driven by European Union initiatives towards deregulation, be transformed so that they can offer the consumer a better, more competitive and diverse set of services.
DESCRIPTION OF WORK
The ""e-utilities"" project will utilise technologies such as knowledge modelling and business change support, data warehousing and mining, and e-commerce so as to deliver the following:
1. The Customer Profiling Component: this will be concerned with ways of better understanding customer behavior towards customising existing services or developing new ones. To achieve this, the project will make use of enterprise modelling to capture and formalise business goals and rules, data warehousing to collect and cleanse customer data, data mining to discover new rules, and business re-engineering for improving business processes;
2. The Virtual Utility Market Component: this will be an Internet portal which will make different utility products and services available to customers. This component will utilise existing business-to-customer e-commerce technologies. It will also provide the means of analysing customer requirements and dynamically customising the web pages to these requirements;
3. The Virtual Utility Shop Component: this will comprise a separate web site for each retailer through which individual services will be offered. They will essentially deal with customer transactions, once a consumer has made a choice of retailers and services. Applications will be developed for dealing with contracting, billing and payment;
4. The Standards for Change Component: this will be a knowledge base that will represent two complementary types of best practice descriptions: process patterns dealing with the way of conducting change and product patterns representing the resulting states of the change. It will empower enterprises faced with change situations by providing a means to share and repeat the experience gained in conducting similar transformations in other settings.
Fields of science (EuroSciVoc)
CORDIS classifies projects with EuroSciVoc, a multilingual taxonomy of fields of science, through a semi-automatic process based on NLP techniques. See: The European Science Vocabulary.
CORDIS classifies projects with EuroSciVoc, a multilingual taxonomy of fields of science, through a semi-automatic process based on NLP techniques. See: The European Science Vocabulary.
- natural sciences computer and information sciences internet
- natural sciences computer and information sciences data science data mining
- social sciences economics and business business and management commerce e-commerce
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Programme(s)
Multi-annual funding programmes that define the EU’s priorities for research and innovation.
Multi-annual funding programmes that define the EU’s priorities for research and innovation.
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Calls for proposals are divided into topics. A topic defines a specific subject or area for which applicants can submit proposals. The description of a topic comprises its specific scope and the expected impact of the funded project.
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Procedure for inviting applicants to submit project proposals, with the aim of receiving EU funding.
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Funding scheme (or “Type of Action”) inside a programme with common features. It specifies: the scope of what is funded; the reimbursement rate; specific evaluation criteria to qualify for funding; and the use of simplified forms of costs like lump sums.
Coordinator
104 32 ATHENS
Greece
The total costs incurred by this organisation to participate in the project, including direct and indirect costs. This amount is a subset of the overall project budget.