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Wattie Business for Banks

Reduce Customer Churn. Increase Margins.

Large enterprises such as major banks and other financial institutions can run vast data centers, massive office buildings and branches that consume huge amounts of energy. To keep availability up and electricity costs down, data center and other facility management professionals for years have turned to intelligent management tools to optimize the efficiency of their sophisticated power and cooling infrastructure.

That focus on reducing the operational costs of big facilities is perfectly understandable, and there’s a vibrant industry supporting it. But data centers, office buildings and branches actually are only a small part of a bank’s overall physical and power-consuming profile.

Any national or regional bank or insurance company could have hundreds or even thousands of separate local offices, branches and ATMs. All of them consume power and many can have relatively high energy intensity, which means all of them could reduce their energy costs with proper management tools.

Enter a new generation of technology enabled management tool – Wattie.

Energy management and control at the branch and local office level can reduce a financial services company’s overall energy costs and carbon footprint. The latter is becoming increasingly important as financial institutions move to establish themselves as leaders in energy efficiency and sustainability. Not only is this important from a public relation’s perspective, it satisfies the demands of shareholders who believe that a company’s ability to manage its energy output is reflective of how well the company is run overall.

On a branch level, sustainability can translate into $600 less per employee in utility costs, according to a 2012 study on the relationship between corporate sustainability and financial performance. Perhaps more significantly, the same study by Edward J. Conlon and Ante Glavas of the University of Notre Dame shows that sustainability leads to $3 million more per branch in consumer deposits and nearly $1 million more per branch in consumer loans. 

A well-designed and executed energy efficiency and sustainability program, along with effective energy and infrastructure management tools at the branch and local office level, can improve the financial performance and brand of financial institutions, while increasing customer loyalty and revenues.

CORE BENEFITS OF WATTIE FOR BANKS

Reduce Customer Churn

With mission-critical equipment always working, a comfortable environment can be guaranteed to the customers all the time. It leaves a good impression and helps in reducing customer churn.

Increase Brand Value

By taking sustainability initiatives, any brand can boast them to dominate their position as a conscious enterprise. It helps in building a good reputation of the brand in the general public and increases the brand value that results not only in goodwill but also in increased revenues.

Benchmark Usage

Managers can benchmark typical usage of a location-based on the square feet. It enables them to quickly figure out the outliers and investigate further to see why the anomalies exist.

Reduce Downtime

Get the alerts in time to avoid malfunction, shutdown, or even damage to the equipment. Wattie helps in keeping the facility operational all time by predicting issues beforehand.

Track Usage

With a detailed overview of the overall usage, uncover the hidden pattern and spot areas to increase efficiency and reduce wastage. Get the view into department-wise down to machine-level consumption of energy.

Increase Profit Margins

Wattie helps bring transparency in operations, reduces downtime, ensures comfortability, and decreases operational costs. All these directly result in the increased profit margins of an enterprise without even increasing sales.

Highlights of Wattie dashboard features

Wattie dashboards are fully customizable. We design the dashboard in collaboration with our customers. No two customers are alike and our technical experts make sure that you get the best experience by tailoring the user interface to fit your needs.

Real-Time Usage

Keep eye on the energy consumption in real-time. It provides overview of changes in electrical consumption as appliances turn On/Off.

 

Consumption History

Detailed insights help you in realizing where your money goes. Phase-wise hourly, daily and monthly breakdown gives you a clear pictures of energy flow.

 

Alerts & Notifications

Relevant push notifications on abnormal behavior and other activities keep you updated all the time. It helps in managing budget and conserving energy.

 

Multi Device

View all your devices from a single screen. No need to make new accounts. Even view the devices installed in multiple facilities from the same screen.

Predictive analytics

With the help of Artificial Intelligence get the most useful insights about the health of your assets and optimization of your consumption.

automated reports

Comes with the useful feature of automated and configurable reports. Get the useful snapshots on the defined intervals without even opening the dashboard.

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