NEA launches business analytics tool

State-run National Electrification Administration launched a business intelligence and analytics tool to improve operational efficiency, technical proficiency and business productivity of electric cooperatives.

NEA administrator Edgardo Masongsong said the Business Intelligence Technology platform went live last May 26.

The platform allows less paper work, courier services, physical interaction, which is very timely in the pandemic.

The platform was supposed to be launched earlier, however, the COVID-19 pandemic delayed its transition into the domain of NEA. Development of the NEA-BIT platform started in 2016, when the World Bank and NEA realized that a business intelligence and analytics structure could be a game changer for the electricity sector.

Now, its maintenance costs—which runs into millions per year—is shouldered by the NEA, which is looking at the possibility of cost-sharing with cooperatives through a token fee.

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