Phoenix IT Solutions Ltd has been adjudged winner in this year’s Fierce Innovation Awards — energy edition, a utility-reviewed awards programme from publishers of FierceEnergy and Smart Grid News from USA.
Phoenix IT Solutions was recognised as a winner in the technology category under meter data management segment.
It was selected as a winner for its innovative, industry leading product, Nxter — next generation energy retailer solution.
Managing Director and CEO of the company Murali Krishna Gannamani said on Saturday that the new and innovative product Nxter was developed with specific focus on deregulated retail energy segment in USA and UK markets catering to electricity, water and gas competitive retailers.
He said that the award was a validation of the technology platform and business fit of Nxter’s cloud hosted solution for the retail energy companies.