WattzOn liberates data with two flagship products: MR BILL is a machine learning system that extracts data from from structured documents such as invoices, utility bills, and healthcare records. LINK is the industry-leading vertical API for utility data, covering 50 states and 94 million homes. SaaS licenses are available.
We've had some audacious goals at WattzOn.
First, we wanted to build a national platform for household energy products, services and savings. Why can't energy be marketed like any other consumer product? It sounds simple, but the thousands of utilities and thousands of bill presentations make a single, unified platform difficult.
WattzOn released our first utility data connector in 2009. We've come a long way since then, and our LINK product has coverage to all 50 states, over 94 million homes and a production-hardened and secure data system. We're ready to serve business partners in the solar, smart home and consumer credit markets who want to think national.
Second, we had to solve our own problem: Only the utility bill has the correct and complete data, and bills have PDF, scan and image format. But without a fully automated solution, costs to extract data will grow linearly with the number of utilities. There are over 3500 electric and gas utilities in the U.S., as well as 54,000 water bill agencies and 20,000 waste haulers.
We built a machine learning system, Mr Bill, that handles this utility variety at low cost. With only 20 – 30 example documents per utility required to train, high volume and high variety are solved by Mr Bill.
And then we saw interest in Mr Bill from healthcare, defense, finance and enterprise software markets. Mr Bill is highly accurate, scales, is complete with an Elastic AI Workbench, and preserves key context and information structure present in complex documents. Mr Bill delivers information and context in the form of semi-structured data, and this has high value in business analytics, NLP and other AI.
WattzOn's journey has taken an amazing shift, and we continue to have audacious goals. We've built not only great products, but also a smart, hard-working, and innovative team.
Meet WattzOn: We're a high-powered software company that is succeeding with it's big mission.