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Client-Business-Goal

Client’s Business Goals

They were keen to design and develop a business intelligence solution that can analyse a variety of information related to the oil sector and assist organizations in taking relevant business decisions. They wanted to improve the methods and architecture of their reporting structure.

Key Challenges

The client was finding it difficult to visualize the business requirement into a unified report to get a consolidated view of all the locations. They were looking for a business intelligence solution that could keep a track on the different information based on the oil companies. It was getting time-consuming to manually process the information on a regular basis.

Our Approach

Looking at the challenges faced by the client, SPEC INDIA followed the Time & Material process with the Agile approach to develop roadmap and architecture of the product. We designed and launched the Power BI reports and dashboard, after identifying and researching on various modern methodologies.

Our Solution

Our Power BI based software solution goes by the function and template based approach to change data from cloud-based and refresh it accordingly. We used Power Automate and relevant utilities for automating activities.

Our team has developed many reports based on requirements of the oil market like RBOB, Brent, Gasoline spreads, timeline charts/tables, future trends etc. We prepared around 35 to 40 Power BI reports and parameters-based reports which helped in faster development and improvisation of their architecture and methods.

Key Inclusions

Data aggregation from multiple sources

Interactive forward curves and plot history

Commitment of traders

Third party data integration

Customs data from various countries

Macro indicators

Daily market report

Brent Spreads

Energy Dashboard - Various energy sources and its production vs consumption

Global Crude Imports Data - Daily Open Interest Change, Futures, Spreads, Timeline, Technical like Moving Averages (20 DMA, 50 DMA etc.)

Margin Builders: Europe Margin Builder and Asia Margin Builder to check crude margins dynamically with various scenarios

Covid Mobility Power BI Report: It contains COVID data world-wise for vaccinations, cases and along with no. of flights across the world

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Technologies & Tools

Power-BI-Logo
Microsoft Power BI
PostgreSQL
Azure-Logo
Azure Cloud Services

Our Process

Research-icon
  Research/Analysis

Our detailed and accurate research, analysis, and refinement leads to a comprehensive study that describes the requirements, functions, and roles in a transparent manner.

Design_icon
  Design

We have a team of creative design experts who are apt at producing sleek designs of the system components with modernized layouts.

Code_icon
  Coding

Our programmers are well versed with latest programming languages, tools, and techniques to effectively interpret the analysis and design into code.

Testing
  Testing

Quality is at the helm of our projects. We leave no stone unturned in ensuring superior excellence and assurance in all our solutions and services.

Launch_icon
  Launch

We have well-defined, robust, and secure launch criteria that offer us a successful implementation clubbed with detailed testing, customer acceptance, and satisfaction.

Business Benefits

Daily Market Reports

Data analytics with machine learning algorithms

Timely, curated, and sharp analysis

Concise and actionable commentary

Ability to download bulk datasets in one click

Least manual intervention

Template-based Power BI reports for generating insights

Impact analysis on market trends and patterns

360-degree solution for a complete vision into the global oil market

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