Energy BI Consulting
Whether you are looking for highly actionable information for a specific application or want to develop an enterprise business intelligence practice, Quorum has the depth of industry knowledge you need to make either initiative successful.
Flexible Reporting and Analytics
Quorum provides energy companies with flexible reporting and analytics to understand all facets of the business and improve efficiency and productivity. Quorum follows a three-prong approach:
- Application-Level Reporting
- Ad-Hoc Query Across Applications
- Enterprise Business Intelligence
Using this approach, Quorum collaborates with customers to deliver report-ready data into the appropriate storage architecture that enables advanced analytics and reporting via your visualization (business intelligence) tool of choice.
Quorum delivers reports that are specific to each software application. Application-level reporting includes specialty reports that address specific industry requirements such as lease operating statements as well as regulatory reports for state and federal regulatory reporting.
At the application level, all Quorum data are stored in relational databases. For data analysis and presentation, any tool that consumes SQL queries can visualize outputs.
Ad-Hoc Query Across Applications
Whether tracking monthly KPIs or analyzing data in real time, Quorum empowers businesses to understand operational and financial health, all within a single user experience. Quorum makes it possible for decision makers, executives, and end users to:
- Spend less time in spreadsheets and improve operational efficiency with automated reporting
- Understand operations in real time and the impact of performance changes
- Ensure information security with granular and robust information management capabilities
- Streamline compliance and audit reporting with easy-to-use querying and flexible extraction options
For cross-functional reporting, Quorum works with customers to extract and normalize the correct information into a data cube or mart (depending on the number of dimensions or sources required). This allows for multi-dimension analysis and greater operational insights.
Enterprise Business Intelligence
Quorum technology provides oil and gas companies with a single source of truth with common data structures and a defined system of record. As part of an integrated solution, master data and transactional data are shared between applications. Shared data allows for a single reporting environment, automated data mapping, and visibility into transactional data across the system.
At the enterprise level, Quorum works with customers to provide methods to either pull Quorum data into an enterprise data warehouse (or data lake) or build out a Quorum-specific data warehouse. Both approaches make enterprise-wide reporting and analysis possible.
To help customers who have already made investments in business intelligence tools, Quorum supports multiple third-party data visualization tools such as SAP BusinessObjects, Microsoft Power BI, Tableau, and TIBCO Spotfire.