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Enhancing regulatory frameworks with the Internet of Things (IoT) Mark O’Keefe, VP Product April 2020 1

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Page 1: Internet of Things (IoT) Enhancing regulatory frameworks ...€¦ · Internet of Things (IoT) Mark O’Keefe, VP Product April 2020 1. CONTENTS 2 1. Regulation as a carrot for change

Enhancing regulatory frameworks with the Internet of Things (IoT)

Mark O’Keefe, VP ProductApril 2020

1

Page 2: Internet of Things (IoT) Enhancing regulatory frameworks ...€¦ · Internet of Things (IoT) Mark O’Keefe, VP Product April 2020 1. CONTENTS 2 1. Regulation as a carrot for change

CONTENTS

2

1. Regulation as a carrot for change

2. Currently distributors only collect supply chain data at surface level

3. To delve deeper, create digital assets

4. Focus on low cost, high return technology

PayGo Energy | PIEA Webinar

“Data is not information,

information is not

knowledge and knowledge

is not wisdom.”

- James Gleik

Page 3: Internet of Things (IoT) Enhancing regulatory frameworks ...€¦ · Internet of Things (IoT) Mark O’Keefe, VP Product April 2020 1. CONTENTS 2 1. Regulation as a carrot for change

3

THE REGULATORY LANDSCAPE IN KENYA

PayGo Energy | PIEA Webinar

The objectives of LN100 are to:1. Stop cylinder cross filling2. Stop illegal/unsafe refilling

practices3. Encourage investment in the

industry

The regulations should be seen as carrot for change, rather than a stick to punish poor practices.

We should use the regulations as an opportunity to improve how we operate. Low-cost, high return technology can be quickly implemented with a transformative impact on customer

experience, operations and the supply chain.

Page 4: Internet of Things (IoT) Enhancing regulatory frameworks ...€¦ · Internet of Things (IoT) Mark O’Keefe, VP Product April 2020 1. CONTENTS 2 1. Regulation as a carrot for change

4

WE NEED TO GO BEYOND THE TIP OF THE ICEBERG

PayGo Energy | PIEA Webinar

Refilling

Distributor purchases

Asset utilisation

Retail

Home deliveries

Customers

Page 5: Internet of Things (IoT) Enhancing regulatory frameworks ...€¦ · Internet of Things (IoT) Mark O’Keefe, VP Product April 2020 1. CONTENTS 2 1. Regulation as a carrot for change

5PayGo Energy | PIEA Webinar

1. Improve customer experience

2. Reduce distribution costs through improved retail management

3. Improve asset utilisation to improve ROI on capital expenditure

4. Increase oversight and encourage best practices

TURN YOUR SUPPLY CHAIN FROM A COST CENTRE TO YOUR BIGGEST ASSET

Page 6: Internet of Things (IoT) Enhancing regulatory frameworks ...€¦ · Internet of Things (IoT) Mark O’Keefe, VP Product April 2020 1. CONTENTS 2 1. Regulation as a carrot for change

6

INVEST IN LOW COST, HIGH RETURN TECHNOLOGY

PayGo Energy | PIEA Webinar

Know your customer

Identify customers and take digital payments.

Digitise your operations

Low cost, high quality smartphones are readily

available. PayGo’s task-based applications make it easy to

train staff and provide a consistent, quality service.

Track your cylinders

Serialise and track the movement of each cylinder

throughout the supply chain.

Page 7: Internet of Things (IoT) Enhancing regulatory frameworks ...€¦ · Internet of Things (IoT) Mark O’Keefe, VP Product April 2020 1. CONTENTS 2 1. Regulation as a carrot for change

Clean Cooking for the Next Billion

If you want to learn more, get in touch!

[email protected]