This article is about applications of business intelligence (BI) in the energy sector. My goal is to provide perspective on the industry for readers who are not familiar with it, communicate how BI is used in the various segments of the industry and provide my opinion on the opportunities for BI. A brief summary is difficult because of the scope of the industry, the large number of companies in it and the different ways in which BI can be applied. Figure 1 presents a typical breakdown of the industry and its key business issues.
The energy industry, like most others, is beginning to use business intelligence (BI) technology to aid management analysis and decision making. Accurate, usable and timely information is becoming recognized as an important factor in managing business operations. We will look at the business environment, the industry application of BI and a summary of BI opportunities for public utilities, oil and gas, and energy services industry segments.
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