Energy and Utilities
Significant political, economic and market pressures pose substantial physical, operational and technology challenges for the manufacturing and engineering sector
Across the energy and utility sector significant political, economic and market pressures, including supply distribution and access issues, efforts to decarbonize energy generation, commodity cost volatility, the digital revolution and SMART metering pose significant physical, operational and technology challenges.
Coeus has worked with the IT departments of companies across the sector and understands what it takes to turn these challenges into opportunities.
Oil & Gas
The current price volatility and increased competition require oil and gas companies to gain maximum Return on Investment (ROI) out of every deployed asset. Coeus understands IT needs to provide technologies such as in-memory computing, analytics software, mobile solutions, and the cloud to support exploration and production, while at the same time securing the organisation from what our now daily cyber security threats.
Oil and gas companies need to ensure the safety of their employees, minimise environmental impact and ensure investment security. One of the key ways IT can support these objectives is to capture real-time, accurate performance data from within the field and deliver it to the right person within the organisation. This requires an agile IT environment, which takes advantage of vast volumes of data and analytics to support business operations.
Increased competition, pressure from regulators and rapidly changing consumer behaviours are driving significant change within the Utility sector. Smart metering and digital thermostats, for example, Nest and Hive, are giving consumers far greater control over the amount and timing of the energy they use. Smart energy will allow well placed organisations to take advantage of the huge amounts of consumer data and customer insight but the daily cyber security threats need to be controlled to ensure customer safety.
The proliferation of mobile devices and rate of digital adoption by consumers means Utility companies can no longer offer just call centre facilities. Utility companies now need to provide an omni-channel experience similar to those being offered to consumers by other sectors, which means significant legacy system integration and process change is required as back end processing needs to interface into the new digital front end.
October 3rd, 2018
Helping A Global Energy Company Save €237m Through A Range Of Cost Optimisation Strategies
With competition and customer retention an ever-increasing challenge for global energy companies, the client recognised the underlying IT services and costs needed to reflect their shrinking market share and needed to maintain agility and cost competitiveness.
July 31st, 2018
Helping Electricity North West Re-shape Their IT Services To Deliver Next-Generation Services
Client Challenge – The client, Electricity North West (ENWL), owns, operates and maintains the North West’s electricity distribution network, connecting 2.4 million properties…
April 27th, 2018
Best International Project in the MCA Awards 2018
Client Challenge – The client, a global utility company, were looking to complete development of the IT operating model and to develop the Service Delivery Model for the organisation.
July 5th, 2017
Helping A Global Utility Improve Outcomes On Outsource Contracts
Client Challenge – The client, a global utility organisation, required support around negotiating the extension of IT Infrastructure Service Contracts.
June 28th, 2017
Helping IT Secure Board Funding To Deliver An IT Change Programme
Client Challenge – The client, a global utility, required a review of its UK IT systems. Recently the client organisation had created a group wide IT function and subsequently outsourced infrastructure, thus creating a centralised IT model.
To Consolidate, Or Not To Consolidate, IT Suppliers
Large organisations are often unsure of which sourcing avenue to take or how to structure their commercial functions. This blog talks about the differences between the scope of work of Procurement and Vendor Management teams and argues the pros and cons of Supplier Consolidation.