Business intelligence is about assisting oil and gas companies to collect and transfer data that can be analyzed and disseminated to drive business strategy and decision-making. Timely access to critical data can provide chemicals and petroleum companies with the ability to identify and unlock hidden value and dramatically improve their bottom line. When made available to front-line decision makers, this data can help spot ways to reduce costs, support greater visibility into current operations and improve the overall performance management process.

The key benefits of emerging BI technology include:

• Consolidate data from multiple oil & gas systems-production, reserves, accounting, and well logs-into a single view of your operation based on common data definitions and organized around your unique business rules and key performance indicators.
• Identify trends, anomalies, and opportunities, and model the effects of key business drivers, all at the operational level by providing accurate data to front line managers and providing them with the ability to customize reports based on their individual role
• Streamline and regulate financial processes; perform integrated operational and financial planning in real time for immediate visibility into resource requirements and future results
• Replace error-prone spreadsheets with a single, consistent version of corporate information
• Reconcile customer information and improve the accuracy and accessibility of their financial data to stay in compliance with Sarbanes Oxley and other regulatory compliance initiatives

Motio is at the forefront of emerging technology in Business Intelligence and focuses on helping clients customize and extend the functionality of BI applications to better fit and support their unique business environment.

To find more about how Motio can help you take advantage of emerging technologies in the BI space, contact our Sales Department via web form or by phone at 1-877-362-8708.