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Energy and Utility
Energy and Utility Demand Forecasting
• Minimize energy costs and ensure service availability by accurately predicting energy and utility demand based on past results and data mining projections
• Couple research of alternative energy sources with analytics to monitor global energy and utility demand vs. distribution, promote the use of renewable energy, and develop sustainable distribution models
Oil Production and Reserve Analysis
• Maximize oil production by tracking monthly, annual, and cumulative production data, and comparing revenue vs. cost for individual wells and fields
• Improve the ability to estimate the amount of Original Oil in Place (OOIP) throughout production to determine whether to continue to use, replace, or abandon a reserve
• Ensure maximum accuracy and profitability from exploration ventures by reviewing production trends and forecasting availability
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Risk Assessment and Management
• Optimize trade ROI by identifying profitable commodity trading partners, reviewing key trends, and allocating capital appropriately
• Effectively gauge the risks involved in energy trading by analyzing predictive models and risk-reward curves
Asset Optimization and Maintenance
• Conduct thorough reporting on energy generation and outages to better manage field employees, minimize unnecessary equipment usage, and resolve issues as quickly as possible
• Track asset usage, efficiency, and outages to determine which equipment requires preventive maintenance or replacement
Operations and Customer Service Improvement
• Streamline call center management, optimize response times, and reduce costs by analyzing wait times, operational inefficiencies, and hourly call center activity
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