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The Benefits of SaaS for Australian Energy Market Participants | Bravecloud™

A SaaS solution provides businesses with the benefits of agility, efficiency, and reduced overheads, making it an attractive proposition for a wide range of business applications. This 3-minute read explores the advantages to be gained for Australian energy market participants considering this option.

Why SaaS Makes Sense

The advantages of Software-as-a-Service (SaaS) solutions are well understood. In the energy market, these advantages lend themselves to key operational processes that can be delivered via the cloud. Brave Energy Systems has invested time and expertise developing and honing solutions exclusively for the Australian market. With SaaS, they can be implemented quickly, and easily updated in response to regulatory changes without major internal system change. Here are some of the key benefits.

How Can SaaS Solutions Benefit Your Organisation?

Here are the 5 key reasons …

  1. Cost effectiveness
    Lower implementation costs, avoiding the need for costly hardware and infrastructure, and enabling future updates far more easily and quickly via the cloud are some ways that SaaS can help your business. Moving from a CAPEX to an OPEX model using SaaS solutions can also be a more efficient business model in the longer term
  2. Scalability and flexibility
    You can easily scale solutions to suit, as your business grows. For example, our billing solution, built to suit the differing needs of energy retailers, distribution and transmission network providers, and metering providers, can be scaled quickly and easily as your needs change.
  3. Fast implementation and integration capabilities
    Deployment and integration of a SaaS solution are typically much faster than with other systems. Brave offers a wide range of implementation options including APIs so that you can integrate our solutions with your existing systems and be up and running faster with an ‘out of the box’ solution.
  4. Automatic updates
    Brave stays at the forefront of industry change, ensuring that our systems are future enabled for regulatory change as required. Updates can often be rolled out seamlessly without interrupting users.
  5. Security and data back-up
    We understand data security and data privacy is critical. Brave provides a managed service to ensure the privacy and security of customer data. Our Azure-based cloud hosting represents a turnkey platform comprising of our industry software solutions and a robust managed service delivered under a Software-as-a-Service model.

The Bravecloud™ Solution

Bravecloud™ represents a turnkey platform comprising of our industry software solutions and a robust managed service delivered under a Software-as-a-Service model. Delivering proven performance, reliability and availability, Bravecloud secures customer data and complies with the standards and regulations that matter most.

  • The platform runs exclusively in Azure to ensure integrity, privacy and security of customer data.  
  • All data processing, storage and transmission are limited to Australian Regions.  
  • Full redundancy ensures the highest level of availability.  
  • Continuous data protection through near real-time geo-replication and geo-redundant backups. 
  • Limitless, transparent scalability, driven by committed service levels

The Tech Detail

The Bravecloud platform has been carefully architected to provide fully redundant services, with high levels of availability, including continuous data protection through a combination of near real-time geo-replication and geo-redundant backups. It offers limitless, transparent scalability, driven by committed service levels. Brave is compliant to ISO27001, and on the path towards accreditation. 

Talk to us today about your energy market operational process and data needs.

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