Challenges and Opportunities

Utility companies, like many large organizations, have a challenge: they no longer have total control of the data they use to run their businesses. This is a challenge that has evolved over the past few decades as most companies have become increasingly dependent on information technology, but unlike past challenges in adopting technology, the current challenge will not be addressed by adding more hardware or upgrading to the latest applications. This is further exacerbated as utilities start to build toward a Smart Grid of the future, which will bring much more data into utility enterprises.

As companies look to new system implementations to help them gain understanding and efficient use of their information, they are forced to repeatedly pay solution providers to “rediscover” the enterprise information used to run their businesses. A contributing factor is that while most organizations have used modeling technologies to focus on what seemed like the most pressing issues - software development or optimization of integration infrastructure - there has been little focus on modeling the actual information that the software or integration, and in fact the business, is intended to use.

Even in cases where a monolithic, enterprise-wide application is brought in to handle everything the process of discovering the meaning of information starts from scratch and is recast in the language of the system provider rather than in the language of the company. Again, this strengthens the position of the system provider but does little to further a company’s strategic information management objectives.

Fortunately, forward thinking companies are realizing that buying bigger and better, whether that means more hardware or new software, is not going to address the challenge of enterprise information management. These companies are taking proactive steps to reclaim ownership of their information management to build a foundation for efficiency and growth while decoupling from tactically-focused vendor implementations. They are taking a fresh approach to information management that builds on the long-standing principles of information semantics.

Xtensible Solutions’s sole focus is helping utility companies regain control of the data and information they use to operate and manage their businesses by refocusing historical spending on tactical vendor solutions to strategic investments in enterprise information management. This not only saves money now, but it also provides an enterprise with future returns through greater leverage of information to gain operating efficiency across enterprise domains as utilities look to integrate their Operational Technology with Information Technology for more intelligent utilities of the future.