Energy Solutions

The energy industry is undergoing massive change. Deregulation, volatile markets, and new technologies affect organizations of every size, in every part of the world. Alternative energy technologies, smart metering systems, local and global energy trading, governmental initiatives towards energy independence are among the new opportunities and challenges facing energy companies.

TIBCO is an innovative supplier of software solutions to all types of energy companies including oil, gas, electricity, utilities, and trading. Seven of the ten largest energy companies are TIBCO customers. TIBCO helps energy companies to leverage their existing infrastructure and gear it toward current demands – optimizing trading capabilities; accurate metering, rating, and billing; real-time asset monitoring; and end-to-end management of business processes across systems and platforms.

Building a Smart Infrastructure

Manage your smart meter roll-out to residential and business premises while protecting your assets and limiting loss of revenue by leveraging the power of process for operational control.
Gain insight into consumption patterns and trends by harnessing the capabilities of complex event processing and using this information to offer attractive, tailored products and services to consumers and improve retention rates.
Respond to incidents and outages in real time using sense and respond mechanisms on your distribution networks to improve service reliability of the grid.

Utilities

Real-Time Customer Service – improves customer service by providing employees with a consistent, comprehensive view of the customer across multiple internal systems. By automating back offices, organizations can deliver the right information to the right people at the right time, enabling prompt decision-making, increased operational efficiency, reduced costs, and enhanced customer service.

Trading and Risk Management

Energy Trading – allows traders to detect and respond immediately to market changes, pricing fluctuations, and trading counter parties to optimize energy costs and manage capacities.
Trade Straight-Through-Processing – ensures quick settlement of trades and timely movement of funds.
Energy Risk Management – delivers complete, real-time visibility into positions by trader, counter party, commodity, or trading hub.

Pipelines

Capacity Management – provides analysts with an integrated and real-time view of generation, supply, and load data so they can make smart decisions about capacity and marketing (trading) opportunities. It can also automate routine operations and deliver exception-driven alerts so analysts can focus on opportunities to save money or generate new revenue.

Upstream Oil and Gas

Real-Time Well Development Optimization – automates the processes by which data is synchronized, managed and processed across the enterprise.
Production Activity Monitoring – enables production teams to quickly gather and analyze relevant real-time data, determine the fix, review the economics to confirm the value of the workover, and then track the AFE process to minimize well downtime.
Trading and Risk Management – provides complete visibility into key trading and risk parameters by trader, counter-party, commodity or trading hub, allowing organizations to detect and respond quickly to changes in the market.