User talk:Olayide Folorunso

Epump
Epump is a product of Fuelmetrics Limited, a fully owned Nigerian technology company located in Lagos. The company was born out of a need to fill the gap in the provision of automation and software solution in Nigeria, particularly in the downstream sector of the oil and gas industry.

Epump is a top-notch automation solution positioned as a back-office solution and a cloud based system. This solution was developed with the intention of providing filling stations in Nigeria with an effective alternative for business operation by automating the control and monitoring of the (usually manual) processes of filling station operations. This solution makes it possible for stations to increase profitability by blocking revenue leakage, and giving fuel buyers value for their money. Epump allows the real-time automated control over various forecourt component of the filling station such as; fuel dispensers and tanks. Monitoring of other activities such as sales report, inventory management, and staffing can be easily done using the solution. E-pump supports the entire spectrum of processes, from back office systems (BOS), head offices systems (HOS), outdoor payment systems (OPS), payment vouchers, and beyond. It allows the full automation of a filling station operation with the overall objective of increasing efficiency, providing superior reporting, better monitoring, improving business intelligence for decision making, and profit maximization.

The Epump team has Ayodeji Ogundiran as founder, while other co-founders are Gabriel Ojomu, Chidi Eze and Olayide Folorunso. The team's reputation for developing this solution has earned it multiple recognitions among which are; winner of Federal Government of Nigeria Award of ICT innovation, setup by the then honourable minister for information technology, Mrs. Omobola Johnson, an award of innovative excellence by the centre for values in leadership chaired by Prof. Pat Utomi among others.

The team raised [|seed funding] of $15, 000 from LoftInc Allied Partners in October 2014 and has since moved on to establish itself as on of the formidable players within its industry space.