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Utility companies operate in a unique climate where the challenges of rising costs and competitive and regulatory pressures intensify daily. Companies struggle to accurately predict retail demand, control supply costs, protect delivery systems, minimize regulatory disallowances and sustain good credit ratings in an environment sharpened by deregulation.
Across all sectors, utilities must make reliable decisions amid hundreds or even thousands of variables – while improving profitability, controlling costs and enhancing operational efficiency.
SAS solutions for the utilities industry combine award-winning software and best-practice services to transform masses of data about your operations, suppliers, risks, assets and profitability into strategic business intelligence – the power behind a clear competitive advantage.
How SAS can help
- Understand patterns of utility supply and demand. Using SAS® Analytics and SAS® Forecast Server, you can:
- Clearly see the effects of seasonality, population growth, holidays, capacity and more by analyzing past experiences to more accurately predict future requirements.
- Determine the accuracy of past predictions and apply that knowledge to continuously improve future results.
- Generate highly accurate projections of energy demand and revenue.
- Deliver significant bottom-line returns with the incremental additional precision in forecasts.
- Energy Risk Trading and Risk Management (ETRM). SAS for Energy Trading and Risk Management (ETRM) provides the most sophisticated suite of risk analytics and fully configurable risk solutions available on the market, enabling you to:
- Adopt a complete front-, middle- and back-office risk management and trading platform.
- Accurately measure and monitor your risk factors with a full range of advanced modeling techniques.
- Model and assess both market and credit risk in an open framework that makes the most of your company's proprietary risk methodologies.
- Make informed decisions about allocating scarce resources. SAS® Enterprise Miner™ helps you:
- Proactively manage assets for best results. For example, you can assess the expected ROI on proposed infrastructure projects and objectively compare projects under consideration.
- Optimize preventive maintenance to ensure continuous operations.
- Improve the way resources are allocated and the returns they generate.
- Reduce supplier spend while simultaneously improving supplier relations and collaboration. With SAS Supplier Relationship Management, procurement departments can:
- Gain a better understanding of purchases, suppliers and performance in order to make better strategic sourcing decisions.
- Reduce enterprise spend, consolidate and prioritize suppliers, reduce supplier risk and align procurement strategies with corporate goals.
- Understand the true costs of processes and projects. Unlike traditional accounting systems that broadly assign costs to budget categories, SAS® Activity-Based Management lets you match costs to specific business processes to clearly identify issues that affect bottom-line profitability, such as:
- Factors that are driving up costs.
- Inefficient processes.
- The best opportunities for outsourcing.
- Most effective pricing of products or services.
How SAS is different
- For more than three decades, utility organizations have counted on SAS software to handle complex forecasting and management needs with large data volumes.
- SAS solutions for the utilities industry give you the ability to assemble data from many platforms and systems to create a picture of what has happened and transform it with analytic and predictive capabilities to project what's going to happen – the foresight to power your competitive advantage.
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Industries
Aerospace
