The energy sector is a highly regulated industry. As such,
shareholders and government officials regularly seek
accurate, micro-level information regarding project progress
and the utilization of recoverable funds. For companies
operating in this space, it is critical to be able to provide this
information quickly and accurately.
This became a significant factor for a large utility in the midst
of a large-scale infrastructure overhaul with overlapping
construction projects and timelines. As the 10+-year program
progressed, the company sought to leverage data to answer
important questions around its project lifecycles and costs,
including construction progress, vendor efficiency, timeline
impacts, and budget optimization.
The utility company engaged CapTech to conduct a data
exploration assessment that would offer key insight into
program progression, the cost of future work, and how
processes could be optimized for maximum efficiency.