White Papers Improving Data Aggregation and Analysis to Address | Page 8
Improving Data Aggregation and Analysis
A ComTechAdvisory Whitepaper
fied natural gas (LNG), power, coal, and biofuels to optimize their operations, reduce costs and
improve operational performance and profitability.
Eka’s apps consolidate information from multiple
sources including pricing servers, gas scheduling
software, ETRM software, ERP, CRM, treasury, and
spreadsheets; and quickly process and analyze large
volumes of data for improved market insight. Users
can, without IT intervention, mix and match differ-
ent data sets from divergent sources and perform
real-time analysis to provide answers to their organi-
zations most critical questions. With support for all
types of analytics from simple aggregations to ad-
vanced predictive models, energy companies can gain
a competitive advantage by optimizing operations and
strategies to take advantage of both rapidly emerging
opportunities and longer-term market developments.
Currently deployed at a number of leading energy
businesses, Eka’s apps accelerate data analysis and
information flow in rapidly evolving markets. Eka’s
customers are leveraging the system’s capabilities to
optimize facility and equipment operations, resolve
bottlenecks in supply chains and quickly identify mis-
aligned positions impacting P&L…all at a fraction of
the time required using legacy processes.
SUMMARY
While the North American energy markets have al-
ways been a challenging environment in which to
operate, current and ongoing market changes are
increasing their complexity and are presenting un-
precedented challenges to all participants. Technical
innovation, regulatory intervention and increasing glo-
balization are continually forcing energy market par-
ticipants to “up their game”, and improve their strat-
egies, processes and systems. In this environment,
deploying the right systems, including a sophisticated
analytics capability to quickly consolidate data, identi-
fy risks & opportunities and help optimize operations,
can be the difference between profit and loss.
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