Informatica Solutions for Energy and Utilities
Cleansing and Integrating Disparate Data to Respond Effectively to Dynamic Market Conditions
Energy companies and utilities have undergone massive change in the past decade. Privatization and deregulation was followed by consolidation and a collapse in market valuations. With limited IT budgets, unpredictable market pricing, and challenges managing aging infrastructure, companies in the energy and utilities industry are focused on streamlining business operations and ensuring compliance with government and industry regulations.
While these companies are rich in information and IT solutions, they are often unable to leverage the full value of their data, which is often locked in disparate silos across the organization. The quality of the data in these silos is often poor. Supply availability, system capacity, and real-time market price metric data from multiple sources must be accessed, discovered, cleansed, integrated, and delivered to the right place at the right time to drive key business initiatives such as:
- Reducing costs by increasing operational efficiency by integrating new systems with disparate IT infrastructures, and by ensuring that legacy data is properly understood, cleansed, and converted to meet the parameters of newly installed systems
- Establishing a robust regulatory compliance framework by pulling data (e.g., emissions, pricing, and trading information) from many disparate sources to simplify and accurately report on regulatory compliance issues, while ensuring that frontline managers and executives have real-time access to reliable, high-quality information
- Improving responsiveness to industry changes by harnessing data that is locked in individual information silos throughout the organization and creating a set of common, flexible data services that can support multiple operational systems
Informatica solutions for the energy and utilities industry handle the complex, mission-critical data integration and data quality requirements of companies in this industry. Informatica solutions provide energy and utilities companies with:
- Complete, accurate, and timely information to increase business confidence in the quality of data
- End-to-end data quality management to satisfy the requirements of regulators and the business
- Secure, scalable data integration platform to reduce risk
- Collaborative lifecycle management to speed project delivery
- Service-oriented architecture to increase flexibility
With Informatica solutions, companies in the energy and utilities industry can access, discover, cleanse, and integrate the data residing in their numerous systems and deliver this data throughout the enterprise to:
- Increase business confidence and decision-making capabilities-even during tumultuous times
- Reduce the complexity of IT environments by bringing together disparate systems that track and manage data related to production, usage, and other areas
- Adhere to regulatory compliance standards-including those related to physical and cyberspace security, environmental performance, rate information, and asset management-with clear audit trails and high data reliability
- Improve customer service initiatives, identify new customer sectors, and better understand customer preferences
- Increase operational efficiency, productivity, and responsiveness to business demands
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