KEY FACTS

• The business required strong data and analytics foundations from disparate systems to be established for real-time analytics and delivery efficiencies.

• New infrastructure projects now have more insights for the correct decisioning and investment, resulting in a 95% speed improvement.

• Projects have been derisked dramatically through leveraging advanced forecasting and planning.

The Client: Committed to Sustainability

The business is a leading renewable energy provider in Australia, committed to supporting the region’s transition to a sustainable energy future. 

The Challenge: Enabling Real-Time Decisioning

Traditional methods of data management, such as spreadsheets and siloed databases, could not efficiently handle the complexity and speed required, resulting in delayed decision-making, ultimately impacting project timeline and costs.

Managing project and resource schedules, overseeing supply chain logistics, assessing risks, ensuring quality control, and maintaining safety standards can become very complex, requiring constant real-time, data-driven updates and quick responses to issues that may arise. The business also wanted to get ahead of challenges such as delayed materials affecting build time, or unanticipated risks like bad weather days impacting project delivery.

The Solution: Integrating diverse data sources for real-time analytics and delivery efficiencies

After a comprehensive needs assessment, V2 implemented a Snowflake data platform, capable of integrating diverse data sources and providing real-time analytics across all phases of the project. 

Through cataloguing and categorising existing workloads in the initial discovery phase, the V2 team worked with the business to agree on an architecture blueprint and migration strategy for the initial use cases.

With a shared vision, V2 delivered these new data products with all the underlying supporting infrastructure, drastically increasing the accessibility of information critical to accurate forecasting.

The organisation has significantly improved its operational efficiency by implementing a modernised data-driven approach. Project information is now in the hands of decision makers ten times faster. 

Delivering Value: A Pathway to Net Zero

• Strong Data and Analytics Foundations for Investment

V2 provided a unified data management solution, to gain visibility on projects, assess investment opportunities and enable operational rigour with predictive capabilities.

• Projects Have More Insights for Visibility and Decisioning 

The time for accurate decision-making was lowered through enabling the right insights. Data pipeline for insight speeds run 95% faster, seeing results in just 4 minutes instead of over an hour, passing more views to reach decision makers more quickly.

• Projects Significantly Derisked by Leveraging Advanced Forecasting and Planning

The business is now able to scale the planning and analytics functions for projects. Best-practice governance and security measures enable the integration of diverse data sources into a unified platform for real-time decision-making, operational optimisation, and cost control.

• Operational and Company Risk Uplift With Further Scale Opportunities

With a unified data platform, the business can now enhance operational capabilities, including predictive maintenance, forecasting, workforce planning and capacities. This enables the business to have real-time access to high-quality data for operations and projects. 

• Cost Control
  The project team now has greater control over expenditures through centralised financial tracking, reducing the risk of cost overruns and supporting more accurate financial forecasts.