Europe's Number One Provider of Natural Gas Storage Services Accelerates Time-to-Insight
WATERLOO, Ontario, Feb. 20, 2018 /CNW/ -- OpenText™ (NASDAQ: OTEX,TSX: OTEX), the global leader in Enterprise Information Management (EIM), today announced that Storengy, a subsidiary of the French Engie group and a European provider of natural gas storage services, has deployed OpenText Information Hub to accelerate the creation of critical reports, enabling improved compliance and better day-to-day operations management.
As a world-leader in the design, building and operation of natural gas storage facilities, Storengy must effectively manage multiple projects simultaneously, producing and distributing a wide range of daily reports for the business, on-site operations, and regulatory authorities. These reports deliver critical visibility into compliance information and operational activities that assist with day-to-day monitoring and management of storage operations.
The company produces 150 daily reports just for internal use, and previously would spend 80% of its reporting time preparing the data, with only 20% left to analyze and take action. Using OpenText, Storengy can instantly generate reports that previously took days to build, providing more real-time access to information.
"OpenText Information Hub has allowed us to save time on reporting," said Pierre Dudit, Transverse Performance Engineer, Storengy Engie. "The OpenText solution offered the ability to scale-up easily by purchasing new licenses and capitalizing on a well-developed, scalable system. Previously, it would take our in-house team of developers one to two hours to develop a report. With OpenText we instantly save time and gain new visibility into the data that matters to our business. We used to spend time sorting through spreadsheets, but now we're analyzing data with simple, visual and dynamic reports."
Storengy uses the OpenText solution across a variety of departments, ranging from marketers to technical staff located in the field. Three-hundred people in the company currently use the tool, and Storengy plans to expand it to other divisions of the company and more widely across to parent company Engie in France. The company has also worked jointly with OpenText to deploy a dashboard that will enable Storengy to communicate more easily within the firm. This dashboard automatically displays key information and updates across screens installed in key areas of the company's offices, keeping staff informed with current project statuses.
OpenText, The Information Company™, enables organizations to gain insight through market leading information management solutions, on premises or in the cloud. For more information about OpenText (NASDAQ: OTEX,TSX: OTEX) visit opentext.com.
Certain statements in this press release may contain words considered forward-looking statements or information under applicable securities laws. These statements are based on OpenText's current expectations, estimates, forecasts and projections about the operating environment, economies and markets in which the company operates. These statements are subject to important assumptions, risks and uncertainties that are difficult to predict, and the actual outcome may be materially different. OpenText's assumptions, although considered reasonable by the company at the date of this press release, may prove to be inaccurate and consequently its actual results could differ materially from the expectations set out herein. For additional information with respect to risks and other factors which could occur, see OpenText's Annual Report on Form 10-K, Quarterly Reports on Form 10-Q and other securities filings with the SEC and other securities regulators. Unless otherwise required by applicable securities laws, OpenText disclaims any intention or obligations to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise.