Utilities industry has undergone complete revamp in the past few years. Utility providers are expected to conduct transparent operations and are under rigorous scrutinisation from both customers as well as regulators. Also, public-private partnership followed by consolidation has affected market valuation of utility organisations a lot. Effective control on operations all over organisation is necessary to drain best out of investment. Detailed relevant information as well as the key performance indicators management is critical for operational control and corporate performance in the utility sector.
Though organisations may have adequate investments in IT solutions, leveraging maximum information locked in data is required. The data from disparate sources of system’s capacity, supply chain system and fluctuating market must be integrated, cleansed and analysed to deliver information at the right time in right place.

ElegantJ BI provides several business intelligence benefits to Utilities.

Business Intelligence Advantages

• Get a holistic view of performance.
• Improved capital management with balanced performance management.
• Accurate decision with factual operational business intelligence reports.
• Improved means of communications to each constituent and transparent reporting to stakeholders, raw material suppliers, distributors, regulators and customers.
• Better operational performance with in-depth visibility.
• Robust framework for compliance with regulatory bodies for emissions, pricing, and trading information by capturing data from different sources with simple yet accurate high-quality information delivery.
• Quicker responsiveness to industry wide changes by information from scalable and secure integration of multiple operational systems data.
• Service-centric business intelligence architecture to increase flexibility.
• Boost business confidence with accurate decision-making capabilities at fingertips.

Moreover, with ElegantJ BI balanced scorecard implementation organizations across all industries can achieve continuous improvement through Key Performance Indicators (KPIs) or Key Performance Metrics enabled process performance monitoring against the set targets - KPI for Utilities, KPI for Retail, KPI for Manufacturing, KPI for Pharmaceuticals, KPI for Healthcare, KPI for Hospitality & Entertainment, KPI for Life Science, KPI for Oil, Gas & Energy, KPI for Transportation & Travel, KPI for Banking, KPI for Finance Services, KPI for Insurance, KPI for Shipping, KPI for Telecom, KPI for Education, KPI for Consumer Packaged Goods and KPI for Government & Public Sectors.