Energy360 Africa, a data analytics and technology solutions company that deals in technologies for the downstream oil and gas sector, has unveiled new fuel management systems to help small, medium and large businesses optimise fuel consumption.
The new technology includes Smart Eye, which is an automatic tank gauging system that can be utilized by fuel stations, tank farms, hospitals, schools and any organization with wet stock.
Smart Eye is a system that reads tank movements remotely in real-time, by providing a tank gauging system that monitors stock levels.
Another offering is the station manager, which is a cloud-based software designed to optimize fuel station operations, margins and ensure proper controls on the forecourt.
E360 Station Manager is designed to centralize data across multiple fuel stations, allowing for greater insights into stock levels, pump activity, pricing, margin management, historic sales trends, expenses and customer behaviours.
E360 also offers station analytics which caters to businesses that run multiple stations, delivers real-time data from their network of stations at any time and location.
The e360 Velox offers controls over fuel management through access to real-time data from fuel points. An additional feature of e360 Velox is that it features a secure payment integration to allow businesses to receive payments seamlessly (especially from their B2B customers).
Speaking on the bouquet of service offering, Abayomi Elebute, the chief executive officer of Energy 360 Africa, said the goal is to enable businesses to make data-informed decisions through big data; sales, stock, payments and other operational information which are aggregated to provide holistic and granular visibility of their stations.
He said the technology will help businesses cut down on losses through cutting edge reconciliation and fraud analysis; including alerts on stock and sales exceptions, proof of deliveries and automated replenishment, forecasting and reducing the risk of fuel scarcity.