Accentures Advanced Analytics Applications to Boost Resources Industries

The new applications are crafted to support pricing, energy trading, credit collection, risk management and workforce planning decisions.

Apac CIOOutlook | Friday, November 20, 2015

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NEWYORK: Accenture announces the launch of five advanced analytics applications that enable companies to improve business outcomes with insight-driven decisions. The latest analytics applications target the resources industries such as chemicals, metal and mining, utilities and oil and gas companies.

The new applications are crafted to support pricing, energy trading, credit collection, risk management and workforce planning decisions. The applications, developed on the Accenture Analytics Applications Platform, are compatible and adaptable to meet the demands of each unique resources company and its individual user.

For Utilities Companies

The latest offering from Accenture support credit collection, energy fraud detection and pricing estimates. Credit collection application recommends a debt recovery plan for individual customers, the preferred channels to approach them and next best actions to perform for the customers. The energy fraud detection app

provides risk scores to any event enabling companies to identify risks and improper behavior that result in losses. The pricing application facilitates an estimated price for an energy sales offering in real-time taking into consideration of company margins, commodity price and pricing fees.

For Utilities and Oil and Gas Companies

The cross-border trading optimization simulates and estimates the prices of gas, oil and power in different market and time zones, empowering portfolio managers and traders with insights that can help them to make decisions and boost profitability.

For Utilities, Oil and Gas, Chemicals and Metals and Mining Companies

The workforce management application enhances workforce planning and management process by envisaging the time to complete work activity and number of incoming calls at a call centre, and recommending the ideal workforce needed in the field daily.

“Companies in the resources industries are seeking immediate access to the tools that can help them to make data-driven decisions and solve complex business issues,” says Kausar Qazilbash, MD, Accenture Analytics – Resources Industry Lead. “Developed specifically with the resources companies in mind, the new advanced analytics applications can help a business become insight-driven across a variety of its organizations, from sales to risk management to resource planning. As more effective decisions are being made at a swift pace, a new data-driven culture and a competitive advantage will follow suit.”

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