Around the world, energy / utilities organizations are under pressure from customers, suppliers and regulators requiring them to re-examine every aspect of their business. Over the last year, approximately 25 energy / utilities organizations have partnered with Edgewater to develop consolidation, planning and strategic finance solutions that address key business issues including;
Energy / utilities executives and operational managers are often having difficulty getting accurate and timely information to make decisions. They are trying to determine which assets are performing and are profitable and require additional investment, and which assets should be retired. The problem is not lack of information, but often data overload. The true value of this data cannot be released until it is brought together and combines financial and operational metrics. Once the data is accurate, available, and integrated, you will have better visibility across your enterprise and will be able to execute a variety of high value analyses including well level volume & profitability analysis, capital planning & spending analysis, and enterprise financial consolidations and planning.
