The Energy Industry is facing a slew of issues like the economic shifts, as well as M&A activity, privatization, deregulation, and increased competition. It is altering the way energy businesses conduct their operations. The transition from nuclear to renewable energy sources has prompted energy businesses to innovate on the technical front in order to improve corporate efficiency.
We can help you attain a competitive advantage by providing unique and cutting-edge technology solutions that handle your energy management and other operational concerns.
To improve metering, billing, collections, and customer demands, create a more efficient and responsive system.
Use Wake Advisor key technology strengths to boost your company forward and stay ahead of the competition.
Streamline supply chain logistics and optimize asset utilization
Improve and manage trading, marketing and supply chain
Manage energy programs, support rate & behavior analytics
Maximize your benefits through investments in smart grid solutions
Improve field force productivity through our mobility solutions
Predict demand better by interpreting usage patterns
Unleash Innovation Across the Value Stream
The upstream industry is facing numerous hurdles as the demand for oil and gas continues to rise. It has become increasingly difficult for you to maintain strong margins as you have been pushed to explore previously uncharted territory, resulting in a considerable increase in your operational costs. Innovative technical breakthroughs in exploration and production that increase the performance of existing fields in the hydrocarbon recovery process are in high demand.
Wake Advisor can assist you in attaining operational excellence across the full E&P value chain by integrating innovative IT solutions and services.
How can we help?
- E&P content management solutions that are tailored to your needs
- Predictive analytics solutions to improve upstream asset management procedures' maturity
- Services for production surveillance and optimization include design, integration, implementation, and maintenance.
- Advisory services for using real-time production data to make better decisions.
- Oil field services firms can use these services to cut costs and improve efficiency.
Volatility in oil and gas prices is a big risk for the industry's whole value chain. If price volatility is not managed appropriately, the operational excellence achieved in the remainder of the value chain suffers. In addition to price volatility, the oil and gas midstream industry have other issues such as a long supply chain, a large inventory cycle, and credit management with stringent financial and regulatory norms. Supply, trading, transmission, and risk management must all be efficient in this industry. We at Wake Advisor can assist you in implementing different and creative solutions for Energy Trading and Risk Management, as well as Pipelines Management, with the support of our huge pool of fully experienced Subject Matter Experts.
How can we help?
- Solutions for energy trading and risk management
- Advanced analytics solutions for demand forecasting and operational optimization
- Supply chain management solutions
- Pipeline management systems, such as Geographical Information Systems (GIS), are available.
- Real-time communication technology solutions can help you automate your field team.
Because of the impact of global forces on the various parties involved, the utility industry is undergoing a considerable technological transition. Businesses, technology, social, and environmental sectors are all experiencing significant problems. Utility companies around the world need new solutions to compete in today's market and meet consumer expectations. Wake Advisor has extensive experience in the energy value chain and provides unique solutions to meet issues in utility operations and metering system implementation.
We've worked with RTOs/ISOs to increase equipment dependability and operational performance, as well as make smarter asset investment decisions, using real-time operations, predictive maintenance, integrated asset planning, and operations. We also assist with the process and system design, integration, and development to help improve wholesale operations. Transmission reservations, energy scheduling, metering, capacity planning, supplementary markets, and disaster recovery systems are among our specialties.
How can we help?
Smart Grid: Take use of our end-to-end embedded product engineering design to improve turnaround time and save money in the field.
Smart Metering: We can enable Smart meters to transmit business and residential energy data back to retailers using our AI and Advanced data analytics accelerators, which will improve operational and financial efficiencies.
Energy Management Systems: We have SCADA and Energy Management System (EMS) experience, as well as the capacity to integrate modular EMS technologies into unique solutions that meet future needs.
To manage cyber and data-related risks, a focus has been placed on regulatory filings and reporting, greater due diligence, and surveillance. Organizations are on the verge of a compliance failure due to the pace and unpredictability of around-the-clock news and social media.
How can we help?
- A dynamic, timely, and ongoing enterprise risk management solution that gives dynamic, timely, and ongoing insights into the risks that matter.
- Real-time analysis of transaction data for early risk detection
- Monitoring and surveillance of written and vocal communication in order to spot any security flaws
- To avoid a data leak, use social media analytics.
- Analytics and big data are used to integrate and evaluate data from a variety of internal and external sources in order to predict risk and exposure.