19 March 2025, 07:39
DOWNLOAD THE PDF
Saluzzo (CN), 19 March 2025 – eVISO S.p.A. (simbolo: EVISO) – COMMOD-TECH company, listed on the EGM, with a proprietary artificial intelligence infrastructure that operates in the raw materials sector (electricity, gas, apples) – announces the launch of the CORTEX GAS digital platform, the new extension of the CORTEX digital platform, already successfully applied to electricity.
The gas market in Italy operates through a free competition system, where operators buy gas in bulk, mainly through imports and national storage, and then sell it to end consumers. Below is an image that illustrates this process, highlighting the phases of extraction, transmission, distribution and measurement. Users purchase gas through free market retailers. eVISO automates several phases of the value chain, improving efficiency, data management and transparency in the system.
The CORTEX GAS platform has been designed to simplify and automate the management of ancillary practices (activation and installation of a meter, transfer, system modification, etc.) related to gas, offering resellers supplied by eVISO a single centralized portal. Through this portal, resellers can upload and manage practices related to any PDR, accelerating the flow of operations and improving efficiency. The platform allows eVISO to interface with most distributors, performing the requested operation and returning the response to resellers, ensuring a continuous and automated flow.
In FY 23/24, the electricity ancillary practices in the direct channel were 3,972 out of 21,025 points in withdrawal in June 2024 (19%), while in the resellers segment they were 46,493 compared to 179,791 points in withdrawal in supply in June 2024 (26%). In the gas segment, internal data indicate that the ancillary practices before CORTEX GAS settled at around 10% of the number of PDRs in supply.
The CORTEX GAS platform launched today is structured to be able to manage up to 50,000 ancillary practices per year in the gas segment, compared to the few hundred managed to date, ensuring efficiency and automation in the process.
Gianfranco Sorasio, CEO of eVISO, commented: “The CORTEX LUCE ancillary practices management platform has allowed eVISO to manage, since its launch in May 2021, over 1,250,000 services (billable and non-billable) automatically and autonomously. In the FY 23-24 financial year alone, CORTEX LUCE managed 50,000 practices subject to invoicing, generating over €1 million in Gross Margin and significantly improving the speed and quality of services. I am confident that CORTEX GAS, built on the same infrastructure as CORTEX LUCE, can amaze us with equally excellent results in the future.”
Carlo Cigna, Chief Technology Product Officer of eVISO, commented: “With CORTEX GAS, we are ready to expand our business model in the gas sector. The platform will ensure even more automated and seamless management for customers. The vision is to continue to innovate, create scalable solutions and contribute to a digital transformation that accelerates growth and efficiency in the raw materials sector. The journey we have undertaken with CORTEX LUCE has shown us the great potential of these tools and I am excited to announce today the extension of these benefits to the gas sector as well.”
CORTEX GAS aims to extend the services already available for electricity to the gas sector, contributing significantly to the growth of gas supplies for resellers.
***
This press release is available in the Investor Relations section of the website www.eviso.ai.
For the transmission of Regulated Information, the Company uses the EMARKET SDIR dissemination system available at www.emarketstorage.com, managed by Teleborsa S.r.l. – with headquarters Piazza di Priscilla, 4 – Rome – following the authorization and CONSOB resolutions n. 22517 and 22518 of 23 November 2022.