Since 2012, powercloud has offered an open SaaS solution for the utilities industry. This solution enables powercloud’s customers to offer innovative commodity and add-on products. The billing engine provides compliant billing of all customer products on a combined invoice. This overall solution enables lean processes and integration to digital channels, striving for self-services -- helping customers reduce operational costs.

On the IT side, the disruptive cloud native SaaS solution has driven down the price of change and operational costs, while improving the time-consuming updating of legacy systems. In 2019, US-based growth investor General Atlantic bolstered powercloud’s expanding impact with more than $100 million in funding. As a market leader in Germany, powercloud customers bill more than 25 million contracts with more than $22 Billion of revenue a year. It is considered the fastest growing billing system in the industry. Customers include the largest utilities in Germany and Europe, including E.ON, innogy, EnBW, EWE and more. powercloud is now expanding internationally

powercloud | A cloud native billing and CRM SaaS

by Powercloud