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The utilities industry is always on the lookout for new opportunities
through growth, innovation of new technologies and better implementation
of existing ones. Due to high pressure of moving resources, shrinking margins
and high expectations of service levels, utility companies are looking for highly
competitive marketing and trading skills. In addition, utility firms must stay
in compliance with the strict ever-changing government regulations.
Utility companies can be distinguished by the following four functions: |
- Generation
- Transmission
- Distribution
- Retail
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While each of these functions has their own challenges, they are all directly impacted by various regulations. |
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| Improvements in the workflow |
Decision makers are pursuing lean, high-velocity strategies that allow
them to do more by utilizing fewer resources. By closely examining operations
and seeking areas where technology can deliver improvements, changes are made
in specific functional areas.
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| Utility Services |
M & R enables utility services companies to deliver better services to their customer with
less cost overheads by taking advance of following services: |
- Provide analytical and qualitative solutions corresponding to Utility Market and market regulations
- Implement better workflow management and resource utilization
- Constant elevating of software services standards with respect to impending regulations and regulation amendments
- Conventional report generation as per regulatory requirements
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| Energy Marketing and Trading |
Resources were involved in redesigning settlement estimates and future projections, which
were estimated on a real-time basis for marketing and production staff to submit bids
for future requirements and prepare the production team for the future.
Additionally, resources were involved in updating real-time deal data into the
database, providing various reports as per regulatory requirements and Quality Assurance
and schedule releases. |
