The client is a multinational energy corporation (MEC). They are headquartered in the United States and have spread its network all over the globe. They supply fuel to a few of the leading airlines and power suppliers. Since they have a vast clientele, their operations comprise hundreds of storage terminals, thousands of retail locations and more than 50 airports. The numerous operational data points in their storehouses capture and accumulate enormous data.
Energy, Oil & Gas
Power BI
Energy companies deal with a massive amount of varied data collected from a variety of sources. Power BI software consolidates data and in the absence of a data analytics solution, they struggle to gain insights to discover important measures & classify patterns to acclimatize quickly to the evolving business dynamics.
Our client generates a massive amount of data, but they do not have a way to merge, visualize or report it. This led to operational challenges like manual and lengthy reporting methods that were prone to errors. They had nominal visibility into their oil terminal and depot operations. They wanted to gain insights out of their operational data into their finance, transportation, maintenance and energy consumption divisions. Also, they had no information to identify, analyze and control potential hazards at oil terminals and depots.
Considering all these points, our experts consulted with the client and offered them following solutions
Our team analyzed the client’s needs and their operational processes. We integrated Power BI with their external data sources, Dynamics 365 CRM, ERP and other connected processes. Power BI helps our client to analyze data from multiple sources. Power BI energy consumption dashboards show how much power is being used over time and what their usage patterns look like. This helps them understand where they need to concentrate their efforts to minimize costs and increase efficiency.
Power BI allows them to easily share these dashboards with their team members and stakeholders. They can then use the information to make better business decisions about future investments and modify current processes.
Power BI provides real-time insights into their usage patterns and helps them identify trends and anomalies that would otherwise go unnoticed. It has enabled them to gain valuable insight into their operations. They can now monitor their performance and compare it against industry benchmarks.
Power BI for energy sector has also given them the ability to visualize complex data sets and make them easier to understand. Their teams no longer need to spend hours sifting through hundreds of pages of reports to find the information they want.
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