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Deregulation, exposure to the financial markets and the need to grow beyond domestic borders has transformed the energy and utility industry into a fiercely competitive marketplace. However, these profound changes present exciting opportunities for those companies wiling to evolve and change the way they do business.
Such a transformation places the correct management of information in a critical position. Data needs to be reliable, accessible, dynamic and held on a platform which can grow with your company. Averting the spread of misinformation as your business accumulates ever more data is, of course, equally important.
SolStonePlus for Energy and Utilities
Our Business Intelligence solutions enable energy and utility institutions to enhance fundamental areas of their businesses, including:
- Stock Control – With immediate access to information concerning the entirety of the business decisions can be made to reduce excess stock, enhance a Just In Time strategy, or respond quickly to market opportunities or threats.
- Product Offerings – Reconsider and refine products by analysing geographical and historical profitability data. Predict market trends, or the sales trajectory of new or supplementary products.
- Third Parties – BI can provide data access for other parties in the supply chain – suppliers, distributors and customers – providing considerable performance, communication and efficiency benefits.
- Supply – Utilise historical data to identify procurement inefficiencies, drive fact-based negotiations or reconsider pricing structures.
- Customers – Track and predict customer behaviour by analysing past data. Forge stronger business relationships, provide better customer service and develop targeted marketing campaigns and promotions.
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SolStonePlus are pleased to announce their attainment of Achilles certification for the Utilities Sector
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