Enterprise Information Management Solution

Turning Numbers Into Knowledge – Most utilities have an abundance of data and expertise. Far fewer, however, are able to turn these assets into useful information to drive better, faster decision-making. Five Point Partners’ Enterprise Information Management (EIM) Practice combines deep Data Management, Business Intelligence and Knowledge Management expertise with powerful energy and utility experience to achieve this valuable transformation.

Five Point consultants average over 16 years of utility industry experience. Our thorough understanding of utility industry challenges, combined with our expertise in performance management and EIM technologies, allows us to provide our clients with analytics, alerts, feedback mechanisms and institutional knowledge necessary to improve business results.

Corporate Performance Management – For the huge quantities of data available to utilities to be useful, there must not only be an understanding of what information is needed by decision makers, but also a clear picture of how that information will be used to improve planning, customer service and process efficiencies. Five Point’s Corporate Performance Management (CPM) services align strategic, financial and operational plans with the critical tactics and metrics required to drive optimal long-term operational and financial results.

Data Management – Five Point knows that all CPM and EIM efforts can only be successful if the data foundation is in place to ensure that information is reliable, trusted, timely and accurate. We help our clients build a Data Governance model that provides leadership, direction, definition and standardization for enterprise data assets. Implementation of a data governance strategy will result in increased information integrity, confidence and reliability while enabling a common data management approach. Our Data Conversion services help companies leverage best-in-class methodologies and tools to achieve better project estimation, faster project completion, improved data quality and reduced risk.

Business Intelligence – Five Point believes that individual BI and Data Warehouse (DW) projects must be developed as part of an overall BI Strategy and supported by the appropriate business processes, governance, infrastructure and change management. We help our clients expand their own capabilities in order to operate BI applications and processes successfully. We assist in establishing the structure, roles and responsibilities for the BI delivery function. We develop processes for prioritization of projects, BI funding, data governance and solution implementation. Finally, we work with our clients to implement architectures and technologies that deliver the right information to the right decision maker at the right time.

Knowledge Management – In an increasingly competitive and compliance-driven utility industry, it isn’t enough to simply manage structured information (data). Unstructured data (content) must also be accessible to optimize business results. Organizational insight and wisdom cannot be held only in the minds of information workers. It must be captured and made available to all decision makers to ensure the compliance, transparency and performance required by investors, regulators and/or customers.