Data in Action

Today, information flows are growing at space speed, businesses seeking to excel in leadership positions are increasingly choosing corporate data platforms as their strategic ally. This technology is not only able to process huge amounts of data, but also makes them a competitive advantage, allowing you to cope with market fluctuations and establish an effective dialogue with customers.

"The corporate data platform is a world where data becomes not only numbers, but also stories, where it opens the door to new opportunities for us and provides answers to questions that have not even been asked yet," says Valentin Vintu, head of data management at MODUS X.

WHAT IS A CORPORATE DATA PLATFORM?

It is an integrated system that allows you to store, process and analyze huge amounts of data from different sources. This can be internal company information such as financial data, production data, or external data such as market and customer information.

Corporate data platforms have gained popularity in today's business environment, and there are a number of key reasons for this phenomenon. First, modern companies are faced with the challenge of processing huge amounts of data. This data can be internal, such as financial indicators, or external, for example, information about customers from social networks. Without specialized processing systems, this problem can become insurmountable.

Additionally, there is a growing need for analytics and forecasting. Enterprise platforms enable companies to systematically and deeply analyze available data to make informed decisions, plan strategies, and anticipate market trends. This not only improves strategic planning, but also makes companies more competitive, because they can respond faster to market changes and stay ahead of their competitors. In addition, proper use of data helps to improve the quality of interaction with customers, developing an individual approach and improving service, which in turn increases their satisfaction.

WHAT ARE THE ADVANTAGES OF DTEK WITH THE IMPLEMENTATION OF THE PLATFORM?

Within the DTEK Group, the corporate data platform is actively used by DTEK Energy, DTEK Grids, D.Solutions, D.Trading, DTEK Service and in the DTEK corporate center.

Here are the main achievements of this implementation for the Group's businesses:

1. Financial effects of artificial intelligence and Big Data: Implementation of projects based on AI and Big Data has financial effects of more than UAH 20 million per year due to optimization of technological processes and reduction of risks of equipment failure.
2. Data processing speed: The speed of searching, consolidating and processing data increased 15 times after the automation of analytical processes.
3. Saving time: Due to the increased productivity of automated processes, the company saves more than 500 working days a year on the example of DTEK Grids and DTEK Energy.
4. Implementation of business cases: Over two years, more than 40 business cases were successfully implemented using a corporate data platform. These are analytical solutions, both for technological areas, such as coal mining, electricity generation (also solar and wind), its distribution, and for financial and management links.
5. Process optimization: Through the implementation of seven digital projects in the areas of big data and data science, operational and management processes have been significantly improved.
6. Integration capabilities: More than 700 integration automated processes have been created that provide instant access to data. At the same time, data from different sources is loaded and processed: from internal IT systems (ERP, Billing, CRM, etc.), from external sources (web portals, sites, APIs, etc.), from process facilities (SCADA, sensors, etc.).
7. Automatic data collection: Every day, the system automatically collects, calculates and stores data from more than 50 internal and external sources.
8. Data visualization: More than 200 MS Power BI-based visual digital dashboards have been created for efficient data perception and analysis.

"Our mission is to realize the potential of companies through data. The right approach to their processing can qualitatively transform business processes, increasing competitiveness and improving interaction with customers. The corporate data platform is not just a technological tool, but a catalyst for cultural and strategic transformation, where data becomes a source of energy for change, "comments MODUS X CEO Dmytro Osyka.

BUSINESS RESILIENCE WITH ENTERPRISE DATA PLATFORMS IN VOLATILE TIMES

In the conditions of war and uncertainty that occur in Ukraine, corporate data platforms act as critical tools to ensure rapid response, protect valuable information and coordinate actions between different divisions of the company. This allows enterprises to respond to changing circumstances, minimize risks and protect the interests of their customers and partners.

This is especially true for strategic industries, in particular energy. Energy enterprise data platforms can play a leading role, ensuring a stable energy supply, resource monitoring and appropriate planning. In a situation of instability, proper analysis and data management can contribute to work to prevent power outages, efficient distribution of available electricity, optimal supply of light and heat in the homes of Ukrainians.