WWT Webinar: MOSL to modernise business retail market systems
The water market for business users has taken its first steps to embrace disruptive innovation in a new project to upgrade the segment's operating systems.
The business retail market, which opened in 2017, is underpinned by the Central Market Operating System (CMOS) run by Market Operator Services Ltd (MOSL).
MOSL will present its plans to re-design the market’s systems in WWT’s Inside Innovation webinar on Monday 13 July 2020.
The ultimate aim of the project is to improve services for customers and simplify processes for retailers and wholesalers.
John Davies, chief information officer at MOSL, will share MOSL’s vision for a modern technology architecture whose goal is to enable innovation by allowing third-party software applications easily to “plug and play” directly into the market.
“One such service, for instance, could be ‘submit a meter read’. Today, that’s a drawn out process that only a retailer can do. In the future, you could have service that is white-labelled into a mobile app which retailers present to customers, and customers could submit a reading,” Davies said.
The modernisation project will comprise step-by-step redevelopment of the multiple market processes which are supported by CMOS.
“We are creating a marketplace ecosystem where third parties can bring services to the market to drive innovation and improvement,” Davies said.
The initial areas of focus will include accurate consumption data, water meter processes, customer switching, new entrants to the market and improving market data analysis.
MOSL’s John John Gilbert, director - bilaterals programme, will present specifically on the bilaterals project, which forms a part of the wider upgrade. The project aims to standardise and simplify communications between retailers and wholesalers.
The webinar will cover:
- Breaking up the old system into modules with discreet functions which service different aspects of the market
- Re-hosting the system into a more modern infrastructure using Microsoft Azure
- Building a “service wrapper” around the system to allow other systems, parties, software providers and water companies to integrate easily
- The bilateral project to standardise and simplify communications between retailers and wholesalers
WWT Webinar Inside Innovation: MOSL’s Modernisation Of The Business Retail Market
Monday 13 July 2020 at 11.30am to 12pm
Related News >
-
SES Water partners Vodafone for leakage scheme SES Water has inked a 10-year deal with Vodafone to use its technology to revolutionise the way leaks are detected and... Read More >
-
Organisations looking for inventors to help Dragonfly idea take flight Northumbrian Water, CGI and the Water Hub are offering inventors and creators up to £25,000 to help them turn an idea... Read More >
-
United Utilities to install ‘world's largest’ network of IoT water leak detectors United Utilities is about to build the “world's largest” network of water leak loggers, using powerful Internet of Things... Read More >
More on Innovation>
-
NI Water: A climate emergency gamechanger NI Water has launched its plans to harness the unseen potential in hydrogen from water, to help address the climate... Read More >
-
Making the future the present Harry Cowan, chief executive of Power and Water Ltd challenges water industry decision makers and the regulator to eschew... Read More >
-
Water Innovation 2050: what next for the sector? Welcome to 2050. The Innovation 2050 document has been published, setting out the key principles of an innovation... Read More >
-
Innovation could improve performance and transform water The Environment Agency's 2019 environmental performance report highlights some of the complex challenges facing water... Read More >
-
Maximising water efficiency savings from smart meters and adapting to lockdown From 1 September, Thames Water will restart its award-winning programme of in-home water efficiency visits having used... Read More >