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Seizing the potential of big data is essential in today’s energy environment. Analytics can unlock the promise of big data, bringing to light new analytic insights at all stages of the industry value chain, that energy companies can act on to achieve better outcomes.
Analytics powers performance for better business outcomes in the energy industry. However, only 20 percent of energy industry respondents to an Accenture survey believe their companies take an integrated, organization-wide approach to analytics, highlighting that much more needs to be done if companies are to realize analytics-driven outcomes in the energy sector.
Challenges such as poor data quality and integration, fragmented use of analytics and patchy ownership of data across processes have created a “missing middle” for energy companies. It is this divide that separates corporate and field-led analytical activities, creating a barrier to insight and action. It is only by ensuring greater data ownership and visibility across end-to-end processes that energy companies will have the potential to become truly analytically-powered.
Analytics can be a core catalyst to achieving high performance in the energy industry—but it takes pragmatic action to become analytically empowered. At Accenture, we call it the Analytics Journey to ROI in Energy. It’s a path to seeing value in massive and diverse data, adopting an end-to-end process view to yield better insights, and making the cultural shift to become an insight-driven enterprise.
Start your analytics journey to ROI in Energy.Explore in-depth resources on data, analytics, insights and action.
Accenture is a recognized analytics leader, and a leader in the energy industry. We combine our analytics experience and solutions with a deep understanding of the business challenges in energy. The result is business outcomes that include interoperability and data transparency, improved efficiency of upstream asset use, and new value with retail and commercial customers.
We back our analytics know-how with:
Strategic approach. We help develop a value-led data roadmap to harness powerful big data with advanced analytics platforms, open source technologies and strong alliances.
Best people. Our deep bench of analytics experts brings visualization tools, solution assets and the support of a global, energy hub network.
Powerful portfolio. We offer a portfolio of issue-driven, industry- and function-specific solutions that are powered by analytics and data frameworks.
Integration experience. We support integration across corporate- and field-led analytics initiatives.
Global scale. Through the Accenture Global Delivery Network, we industrialize analytics processes through automation and continuous improvement to power data-driven insight.
Begin the journey to analytics ROI in energy to make the most of your analytics investment.
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