PALO ALTO, Calif., Sept. 21 /PRNewswire/ -- Frost & Sullivan announced today that they have selected Detectent as the recipient of the 2006 Frost & Sullivan Entrepreneurial Company of the Year Award in the U.S. Energy Management Services market. This Award recognizes Detectent's innovative and groundbreaking solutions in revenue protection and theft of service detection.
Detectent's pioneering work in the area of analytics for utilities offers its clients an effective solution to combat the growing concern of Un- Accounted for Energy (UFE).
The company has developed a unique set of tools and processes that enhance and streamline current revenue assurance activities, thereby offering a solution that has never before been seen in the utility and energy management services industries. This solution builds upon clients' current programs and provides an analytical and automated method to detect and manage cases where electricity, gas or water is not properly metered, particularly within commercial accounts.
"Detectent demonstrates a firm commitment and singular focus on working with utilities to uncover unmetered service," says Frost & Sullivan Energy Analyst Devin Castleton. "Detectent's products and services are designed to facilitate a collaborative day-to-day working environment that allows clients to focus on their core business."
"Detectent's groundbreaking advancements have begun to make revenue protection, once thought to be a necessary evil in the industry, a profit contributing center of the business," adds Castleton.
Each year, Frost & Sullivan presents this Award to a company that has demonstrated excellence within its industry. The Award is based on numerous factors including the company's business development, competitive strategy, and leadership within a particular Frost & Sullivan industry research group. This company is perceived to exhibit outstanding management, high growth, and positive social and economic impact on local and national communities and customers.
Frost & Sullivan Best Practices Awards recognize companies in a variety of regional and global markets for demonstrating outstanding achievement and superior performance in areas such as leadership, technological innovation, customer service and strategic product development. Industry analysts compare market participants and measure performance through in-depth interviews, analysis and extensive secondary research in order to identify best practices in the industry.
About Detectent, Inc.
Escondido, CA-based Detectent, Inc. assists utilities in proactively discovering cases of theft of service. Its experienced team of analysts utilizes state-of-the-art technology to perform a detailed analysis of a utility's account base. Detectent customers include NSTAR Electric, Consolidated Edison and We Energies. For more information, visit http://www.detectent.com .
About Frost & Sullivan
Frost & Sullivan, a global growth consulting company, has been partnering with clients to support the development of innovative strategies for more than 40 years. The company's industry expertise integrates growth consulting, growth partnership services, and corporate management training to identify and develop opportunities. Frost & Sullivan serves an extensive clientele that includes Global 1000 companies, emerging companies, and the investment community by providing comprehensive industry coverage that reflects a unique global perspective and combines ongoing analysis of markets, technologies, econometrics, and demographics. For more information, visit http://www.awards.frost.com or http://www.energy.frost.com .
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Source: Frost & Sullivan