A unified and holistic system for energy companies

Let’s get started today

Common challenges

Demand and supply optimisation
Energy companies rely on insightful demand and supply forecasting to maintain profitability over the long term.
- Complexities in demand forecasting
  Because of their tight margins and the significant fixed costs involved in running their businesses, energy companies must match their supply to demand as precisely as possible. Without a robust demand forecasting capability, this is impossible and can lead to suboptimal asset utilisation.
- Supply mismatches
  When your supply is not in line with what customers are looking for, you end up not being able to service available demand or with an overloaded balance sheet that pushes prices down. Either situation can harm the long-term prospects of your business.
- Nuanced forecasting
  IBM Planning Analytics / TM1 offers highly precise and nuanced forecasting capabilities that can harness the complexity of the energy sector and give you unique insights that lead to better decisions. Cubewise is ready to help you leverage this power, deliver a robust balance between demand and supply, and align your processes with your long-term strategic vision.
Labour balancing
- Workload management
  When you have multiple energy projects running simultaneously, you need to effectively delegate responsibilities in a way that leverages your workforce without overburdening them. The margin for error here is small and demands careful planning.
- Labour shortage risks
  Without the right planning, you risk facing labour shortages on key projects that can harm your long-term prospects and impede progress. The bottlenecks created can have a knock-on effect on all components in your value chain, not to mention taking a toll on your workers who must then shoulder more than their fair share of the workload.
- Optimisation of labour planning
  Cubewise, along with IBM Planning Analytics / TM1, can help you set up a dynamic and robust labour planning system that takes all of your labour variables into account, giving you a uniquely configured plan to work with. This can help to optimise your labour choices and deliver the sort of work your customers expect from you. In time, this delivers the best return on your investment, while still maintaining a healthy working culture.
Regulatory reporting
- Accurate and timely data
  To discharge your regulatory obligations, you need your data to be highly accurate and up-to-date at all times. If this isn’t the case, the reporting process can be stressful, time-consuming and more complex than it needs to be. In addition, you never really know how you’re performing until those key reporting dates come around.
- Regulatory uncertainty
  Without regulatory data being readily available, you’re never sure of where you stand and what will be required come reporting deadlines. There’s a lot to be said for knowing your business is fully compliant – with the right technology in place, you can free up mental bandwidth for other tasks that demand your attention.
- Near real-time regulatory reporting
  Cubewise and IBM Planning Analytics / TM1 offers a sophisticated reporting system that can track all the metrics and drivers that feed your regulatory reports with ease. This gives you ongoing visibility into your data and a good understanding of where you’re at at any point in time.

Complexities in demand forecasting
Because of their tight margins and the significant fixed costs involved in running their businesses, energy companies must match their supply to demand as precisely as possible. Without a robust demand forecasting capability, this is impossible and can lead to suboptimal asset utilisation.
Supply mismatches
When your supply is not in line with what customers are looking for, you end up not being able to service available demand or with an overloaded balance sheet that pushes prices down. Either situation can harm the long-term prospects of your business.
Nuanced forecasting
IBM Planning Analytics / TM1 offers highly precise and nuanced forecasting capabilities that can harness the complexity of the energy sector and give you unique insights that lead to better decisions. Cubewise is ready to help you leverage this power, deliver a robust balance between demand and supply, and align your processes with your long-term strategic vision.

Spend your time and energy in the right places

Let’s get started today

We’ve faced this issue before

Amazon Web Services case study

Talk to us today and let’s overcome the challenge together.

What’s new

Loading posts for you, tons of them