Trillium Software in Energy and Utilities

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Energy & Utilities

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Energy & Utilities:
Optimized flow of data improves flow of materials, energy and profits

 

When you consider the keys to your business performance, data is as central to your mission as the materials you extract and refine, or the energy you produce and distribute. In fact, clean actionable data is crucial at numerous levels within your operation:

  • Managing your supply chain: Other industries worry about what’s on the shelf, but in energy, you have to look far beyond your current supplies. Your business depends on the material deep within the earth and on the climate—actual and political—on its surface. To manage your supply chain and anticipate its status, you must be able to exchange information with your partners in a way that’s mutually agreeable and understandable.
  • Trading commodities, managing risk: Yours is a global exposure, a balance of dynamic credits and debits held with numerous entities dependent on different platforms or systems. Your data challenge: Despite the multiplicity of systems, you need a way to consolidate information into one total picture that reveals every aspect of your relationships as they evolve in time.
  • Replacing reserves: Your analytical models are only as strong as the data fed into them. Given the potential impact on operation and stock valuation, your data must be trustworthy.
  • Working globally: Not only are there different languages that must be recognized and reconciled, but different regulations (even by state within the U.S.) that have to be clearly defined within your data.
  • Executing ERP: To allow your ERP initiatives to reach their intended performance, the underlying information must be consistently and cohesively organized, record by record.

What Trillium Software brings to the table

Trillium Software works with the systems you already have in place to help you:

  • Implement a master data management (MDM) strategy so that you share one common understanding of terms, codes and values, regardless of their sources or applications.
  • Identify and control the relationships within your data, so that you and your counterparties can manage the connections between materials, resources, products suppliers and customers.
  • Streamline supply chains and reduce procurement costs by eliminating the redundancies and errors within your data, regardless of source.
  • Improve business intelligence with clean, consistent data that provides a more effective foundation for analytical models.
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