Glossary

EV Charging
Monetization
Oracle BRM

EV Charging

What is EV range anxiety?

EV range anxiety is the fear EV drivers experience while using electric vehicles

What is an Electric vehicle fleet (EV Fleet)?

An electric vehicle fleet is a group of electric vehicles (EVs) belonging to a company and used for business purposes.An EV fleet can help a company increase brand recognition and lower operational costs, but operating an electric vehicle fleet comes with many new challenges. Fleet vehicles are used to transport people and goods and are…

What is EV Charging as a Service (EV CaaS)?

EV Charging as a Service (CaaS) is a product that offers a risk-free way to get an electric vehicle (EV) charging station installed and managed without any investments. Companies can use EV Charging as a Service as an alternative to owning charging stations for charging their electric vehicle fleet. An EV Charging as a Service…

What is dynamic EV charging load management?

EV charging load management protects power grids and lowers the cost of charging.

EV CPO vs EMSP: Understanding the Key Differences

Sometimes there can be some confusion about the difference between the terms EV Charge Point Operator (EV CPO) and Electro mobility service provider (EMSP). Short answer: They are partners. The EV CPO builds and maintains the EV charging network. The EMSP manages the business side of EV Charging by dealing with customers and monetizing EV…

What is EV Charging Roaming (eRoaming)?

EV Charging roaming enables EV drivers to charge at any charging station

What is V2G – Vehicle to Grid technology?

Vehicle to grid (V2G) technology is a two-way power system between the car and the grid

What is EV Grid Balancing?

What is grid balancing, and how can electric vehicles help with balancing?

What is EV charging load balancing?

EV Charging load balancing is not the same as load management. What is the difference?

What are EV charging station contractors?

EV charging station contractors that are in charge of EV charging station installation are in high demand as the number of electric vehicles grows daily. But the current demand is nothing compared to the demand we will see in the coming years, with the amazing number of charging stations still needing to be built to…

Monetization

What is 5G Network Slicing?

Network slicing is a technique that allows the virtualization of a physical network.

What is Recurring billing?

Recurring billing describes regular automated billing of customers.

What is a Free Trial, and when to use it?

A free trial is a customer acquisition model common in SaaS and subscription models.

What is revenue accounting?

Revenue accounting differentiates revenue types for better financial overview

What is Consolidated Billing and Invoicing?

Consolidated billing combines multiple bills into single invoice

What is a ratio utility billing system (RUBS)?

RUBS fairly divides the utility bill among multifamily property residents

What is Order to cash process (O2C)?

O2C is a business process that includes every step of the order flow

What is Monthly Recurring Revenue (MRR)?

MRR is a measure of a monthly expected recurring revenue

What is annual recurring revenue (ARR)?

Annual recurring revenue is revenue that a business acquires yearly

What is Customer Retention?

Customer retention is the ability of a business to retain its customers

What is Customer Lifetime Value (CLV)?

Customer Lifetime Value is the average revenue per customer during their subscription

What is Freemium?

Freemium is a well-known business model which enables online platforms to give users free and premium product features. Users have free access to basic features, while advanced features are restricted. Users must pay a monthly or annual fee if they want to “unlock” premium features. The word freemium combines two familiar words: free and premium.…

What is the ASC 606 revenue recognition standard?

ASC 606 offeres uniformity and standardization in revenue recognition process

What is Churn Rate?

The churn rate or customer churn shows how many clients stopped using your products

What is dunning?

Dunning ensures the company regularly notifies customers about their past dues

What is billing and revenue management (BRM)?

BRM - definition, how it works, functions explained, where to use it, and why you need it...

Oracle BRM