Energy

The Energy industry is undergoing constant change – from regulatory oversight, to deregulation, to finding new forms of energy and increasing scrutiny over the safety of generation and distribution environments. For example, asset data is often duplicated and managed in multiple systems, making it difficult to create consolidated views of business performance across the enterprise. Effective asset management creates a solid foundation for harmonizing, storing and managing any type of asset data. Kalido increases the consistency and accuracy of corporate performance reporting by producing an asset data repository from which “golden copy” master data can be accessed and better business decisions enabled.

With Kalido, Energy companies can:

• Reduce the cost of managing asset information
• Link common assets across multiple systems
• Identify gaps, duplications and unmanaged assets
• Increase the lifespan of existing systems
• Reduce the risk of replacing legacy systems
• Facilitate better, more informed business decisions
• Provide a whole life view of asset information

Escalating costs of maintaining older assets increases margin pressure and having buildings and equipment managed and working properly are the cornerstones of business productivity.

Energy IT Drivers

• The asset data is in multiple databases, applications and formats.
• Common definitions of assets are hard to create when the sources are so different.
• The sources of data change when new assets are acquired.
• Once built, the data warehouse is frequently out-of-date with so much change.
• Business users regularly ask for new views of the data.

The Kalido Solution

Using Kalido, organizations can deliver timely, accurate and complete views of their assets, products and locations performance across the entire organization. Kalido validates, maps and stores disparate asset data from multiple sources so it can be used by BI tools to deliver a single view of asset data.

Kalido provides built-in workflow to improve and ensure compliance and governance processes are followed. Subject-Independent Master Data Management saves you from having to take a product designed for something else (customer, product) and force fit it into your environment. Our Master Data Management solutions provides an open API to connect to any and all of your existing transactional systems to provide for smooth integration with existing investments in processes and technology.