The challenges energy sector companies have been facing over recent years have created multiple uncertainties for those working and running businesses in the industry. The World Energy Outlook 2021 report suggests renewables are set to account for almost 95% of the increase in global power capacity through to 2026. Despite this commodity, transport prices remain high and are limiting growth. These represent some of the broadest challenges the industry faces today. In addition, if we focus our attention on the day to day work involved in running energy businesses, we can see the profound impact made by new business models and ways of working. Some of the top challenges energy sector companies need to overcome today are:

The Challenge of Digital Transformation

According to the IEA, despite the speed of change within the energy industry, there is still much stubbornness to stick with the status quo, although this will be costly. Those that do not take steps towards digital transformation today will find themselves falling behind the competition in operational efficiency, costs and recruitment. Adopting the right digital tools will help integrate otherwise siloed software and functions and will serve as the glue that ties together the digital infrastructure, team and internal processes.

The Challenge of Managing Distributed Teams

Collaboration is key to any successful team, yet with the rise of remote working, keeping distributed teams focused is difficult, particularly in a project-based industry like the energy sector. The solution here is to deploy the best internal systems to support your team’s work, no matter where they are in the world. Adopting project delivery software can be the difference between a chaotic and disjointed work structure, and a smooth-running, efficient team. These tools go beyond traditional enterprise resource management and project management software. Digital is creating a new paradigm in ‘Software as a Service’ (SaaS) for companies that are building the infrastructure of tomorrow.

The Challenge of Performance Evaluation

Within the energy sector, project works are large, multi-faceted and complex, particularly those that involve designing and building the infrastructure of tomorrow. Capturing multi-dimensional project data needs detailed performance management and evaluation at every stage of the process. Without this data and the tools to analyse it, valuable insights are lost with which energy business could make crucial adjustments. However, any performance management tool is useless if it can not integrate with existing tools that businesses use to manage the day-to-day. Adopting agile cloud-based solutions that include easy-to-use integrations and regular updates ensures crucial project evaluation and data analysis remains accessible.

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About Proteus

Proteus developed by a Scottish-based tech company, Xergy Group, is an end-to-end project management solution developed for the energy and engineering consulting industries. 

Proteus is industry-proven and enables consultancies to meet project demands across the full lifecycle, from proposal development to project delivery. With robust sales and project delivery modules, Proteus helps its customers win more business, increase efficiencies, manage expenditures, and improve project controls.

Critical workflows, automation, and controls are integrated into Proteus. These include opportunity evaluation, proposal building, resource planning, budget tracking and forecasting, real-time multi-level restricted dashboards, and project performance analytics.

Third-party integrations and customised solutions allow Proteus’ users, which include C-suite, project leads, and engineers, to get the exact software solution needed for their business.

We offer a free onboarding consultation service to ensure your company account is set up to your company’s needs.

How to get Proteus

Proteus operates under a software-as-a-service (SaaS) model. We offer Enterprise packages and flexible pricing solutions: contact our team to learn more.

We designed Proteus to be simple, and that means you can get up and running on Proteus without an IT team or support from a programmer. You will want to spend a bit of time configuring the admin console so that you have everything set up to suit your company structure, but it’s very intuitive and you don’t need a PhD in IT.

However, we want you to get the best out of what is a brilliantly powerful tool, so don’t hesitate to ask for our support. We have a team of product experts who are ready to help you with the configuration process, so get in touch today by filling out the form below: