Data Sources & Data Integration Assessment
Understand Your Business Better from End to End
Complex wholesale energy businesses face no shortage of data or data sources related to the many facets of their organizations. The problem is that data rarely ever exists all in one place. It’s difficult, if not impossible, for decision makers to connect the dots and gain a clear view into the status of company performance, or to easily spot areas of opportunity or risk, when the pieces of the puzzle are scattered across disparate systems and even buried in emails or other disjointed communications.
Creating the big picture view and single source of business performance truth starts with a detailed data inventory. Only by thoroughly understanding the company’s data needs, data gaps, and other data access limitations can your organization begin to create the optimal solution for bringing all information sources together in a meaningful way that supports your company’s strategy and goals.
The Impact 21 Data Sources and Data Integration Assessment lets you better understand your business data ecosystem and how to optimize it through:
Data discovery and data mapping. Understand and document internal and external data sets that influence business decisions including third-party sources of transactional and unstructured data. Gain a comprehensive picture of the entire data ecosystem and validate the best sources for each type of data you collect.
Integrations assessment. Energy wholesalers rely on multiple data sources including internal systems, subsystems, and external sources. This typically includes a mix of structured and unstructured data from external sources to increase efficiency. Determine the required systems and system integrations needed to automate access to data from all necessary sources, eliminate error-prone human interventions, and drive operational efficiencies within your organization.
Data optimization roadmap. Based on the data discovery exercise and integration assessment, determine the best approach to optimize data access within your organization. Explore the costs and advantages of different solutions including investments in new systems and/or the development and implementation of middleware to connect seemingly disconnected systems.
By better understanding the business data environment and taking steps to optimize and customize it to your organization’s unique needs, your business will save time and effort in everyday operations while gaining the insights to drive strategic performance improvements. Decision making gets better and faster. And everyone in your organization will always enjoy easy access to the best, most up-to-date data and the complete business performance picture.
Meet the Data Sources &
Data Integration Assessment Experts
To learn more about how Impact 21 can help you with
Data Sources & Data Integration Assessment, get in touch.
Gabe Olives
Alvin Fortson
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