Process optimization for the energy industry
The energy industry is in a state of upheaval. The shift towards renewable energies, the decentralization of production and digitalization are presenting energy suppliers, grid operators and service providers with complicated challenges. Regulatory requirements and ongoing cost pressure are also increasing the need for more efficient processes. Continuous process optimization is therefore crucial for the energy industry. Process Mining for the energy industry is an intuitive solution for this.
Process Mining is considered an interface between data science and process management – the method makes it possible to analyze, visualize and optimize actual business processes using digital traces in IT systems. For energy companies, Process Mining offers enormous potential: it creates transparency across complex, cross-departmental processes, uncovers inefficiencies and bottlenecks, and enables data-based optimization. Process Mining improves grid management, ensures compliance monitoring, and streamlines processes around the important meter-to-cash process. In this way, Process Mining increases competitiveness in numerous areas of the energy industry.