Indus (NASDAQ:IINT)
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From Feb 2020 to Feb 2025
Indus International Inc. (NASDAQ: IINT), a leading
Service Delivery Management (SDM) solution provider, today announced
that its clients Xcel Energy and Progress Energy have recently
received the power industry's highest honor, the Edison Award, for
initiatives to which Indus solutions contributed significantly.
Given annually by the Edison Electric Institute (EEI), the
prestigious prize is bestowed upon the U.S. shareholder-owned utility
or utilities and international members that have made significant
contributions to the advancement of the industry. The winners were
selected by a panel consisting of the current EEI chairman and retired
industry executives. This year's award, the 78th, was presented this
month at EEI's annual convention in Washington, D.C.
Xcel Energy Awarded for Utility Innovations
The Edison Award was presented to Xcel Energy for its pioneering
Utility Innovations (UI) initiative. Indus participates on Xcel
Energy's Strategic Advisory Board which created Utility Innovations to
leverage the creativity, knowledge and skills of its technology
partners and develop solutions that improve customer service, optimize
the management of local electric grids and reduce cost structure. In
addition to several other groundbreaking initiatives, the company
worked with Indus on a "Workflow Optimization" initiative. This
initiative was designed to give Xcel Energy a comprehensive view of
all work and resources in the field, enabling the company to optimize
work crew schedules, equipment and materials through automation. The
integrated asset and field service management solutions from Indus
used in the effort enable Xcel Energy to better manage the supply and
demand of resources, giving them improved control of the company's
performance levels and costs of service.
The Workflow Optimization initiative was the first of the UI
projects to be applied to the entire company's day-to-day operations.
The Indus Service Suite solution includes the product set developed in
UI and has already delivered improved service levels and financial
savings to Xcel Energy, which implemented the Indus solution across
the entire 10-state service territory.
"Xcel Energy is honored to have received this award from our
colleagues in the electric industry," said Xcel Energy Vice
President-Customer and Enterprise Solutions and Chief Administrative
Officer, Ray Gogel. "We have worked diligently with Indus and our
other Utility Innovations partners to transform our business processes
into an industry leadership position. This recognition from EEI is
validation that our partnership approach with companies like Indus is
having a real impact -- not only in our own business but in the future
of the electric industry as a whole."
Progress Energy Recognized for Operational Excellence
The Edison Award was also presented to Progress Energy for its
unwavering focus on customer satisfaction and operational excellence.
The outstanding operation of the company's nuclear and fossil
generating plants, which are supported by Indus work and asset
management solutions, drew particular praise from EEI. Using an
enterprisewide Indus asset management solution, Progress Energy
standardized hundreds of nuclear operational procedures and business
processes for its nuclear fleet, resulting in significantly reduced
operating costs, increased net generation, improved safety and reduced
outage durations. By implementing advanced functionality such as
real-time performance management software for proactive
condition-based maintenance and key performance indicators, the
company has achieved record performance levels and continues to grow
at a rate that far exceeds the national average.
"Indus offers its sincerest congratulations to our clients, Xcel
Energy and Progress Energy, for receiving the Edison Award. We are
proud to be partners with these outstanding organizations and to have
played a role in their award-winning initiatives," said Indus
President and CEO Greg Dukat. "Taking the lessons we have learned from
working with these industry leaders, we are continuing to refine our
solutions to deliver unparalleled value to all of our clients in
diverse industries."
About EEI
Edison Electric Institute (EEI) is the association of United
States shareholder-owned electric companies, international affiliates
and industry associates worldwide. Their U.S. members serve 97 percent
of the ultimate customers in the shareholder owned segment of the
industry, and 71 percent of all electric utility ultimate customers in
the nation. They generate almost 60 percent of the electricity
produced by U.S. electric generators.
About Xcel Energy
Xcel Energy is a major U.S. electricity and natural gas company
with regulated operations in 10 Western and Midwestern states. Xcel
Energy provides a comprehensive portfolio of energy-related products
and services to 3.3 million electricity customers and 1.8 million
natural gas customers through its regulated operating companies.
Company headquarters are located in Minneapolis. More information is
available at www.xcelenergy.com.
About Progress Energy
Progress Energy (NYSE: PGN), headquartered in Raleigh, N.C., is a
Fortune 250 diversified energy company with more than 24,500 megawatts
of generation capacity and $10 billion in annual revenues. The
company's holdings include two electric utilities serving
approximately 3 million customers in North Carolina, South Carolina
and Florida. Progress Energy also includes non-regulated operations
covering merchant generation, energy marketing and natural gas
exploration. Progress Energy was the 2005 recipient of the prestigious
J.D. Power and Associates Founder's Award for dedication, commitment
and sustained improvement in customer service. For more information
about Progress Energy, visit the company's Website at
http://www.progress-energy.com.
About Indus International
Indus is a leading Service Delivery Management (SDM) solution
provider, helping clients in a broad array of industries optimize the
management of their customers, workforce, spare parts inventory, tools
and documentation in order to maximize performance and customer
satisfaction while achieving significant cost savings. Indus customer,
asset and workforce management software products, professional
services and hosted service offerings improve our clients'
profitability by reducing costs, increasing capacity and
competitiveness, improving service to their customers, facilitating
billing for services and ensuring regulatory compliance. Indus
solutions have been purchased by more than 400 companies in more than
40 countries, representing diverse industries -- including
manufacturing, utilities, telecommunications, government, education,
transportation, facilities and property management, high tech,
consumer packaged goods and more. For more information, visit our
Website at http://www.indus.com.
Indus is a registered trademark of Indus International, Inc. Other
company and product names may be trademarks of the respective
companies with which they are associated.