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Energy & Utilities
Energy & Utilities
Energy and utilities companies are experiencing an intense period volatility and transformation. From the emergence of consumers becoming producers through distributed energy networks, to fluctuations in oil and natural gas prices, to changing regulatory demands globally, leaders in this segment face significant challenges and uncertainty. In this uncertainty, there are enormous opportunities for organizations that are able to see more deeply into changing markets and beyond short-term challenges to position themselves for long-term success.
Mikthan Security Technologies Limited partners with leaders to help them achieve greater confidence in changing environments. While the macro-conditions for organizations are similar, we seek to understand the unique strengths, risks and opportunities of your organization. We then collaborate with you to build custom solutions that maximize your chances for success and bring a tailored, multi-disciplinary team of professionals to fit your situation and company culture. While the process is never simple, our goal is, to help you face the future with confidence.
Management of energy and utilities
We help energy and utilities organizations manage critical business challenges to help them face the future with confidence. The world's leading enterprise asset management solution keeps your most critical assets and resources operating at maximum efficiency. Mikthan Security Technologies Limited offers a complete solution for work and asset management across business units, including gas and electrical transmission, distribution, power generation, water and wastewater companies, all in a single platform and database of energy and utilities around the world.
The liabilities of unforeseen developments can be unusually large, and the tools for identifying and mitigating risk are extremely important. Mikthan Security Technologies Limited products allow energy and utility companies to manage legal, compliance, and operational risk, keeping employees and assets safe while aligning process to strategic goals.
we are helping organizations to address:
Business Intelligence
Improving how you understand, organize and leverage your data assets is a business imperative. The challenge is identifying and capturing information in disparate systems and then organizing and managing this information to create business insights. Mikthan Security Technologies Ltd takes a pragmatic “one size does not fit all” perspective. We tailor solutions that fit your organization, enhancing business value.
Evolution of Internal Controls
In the fast-changing global energy market, control is critical to success. However, the demands on internal audit and finance functions continue to increase as the expectation today is not just for accurate reporting, but insights that can improve the business. We can help you steer your company with greater precision and prescience, increasing confidence you are on the right path with world class internal audit and finance functions.
Cybersecurity
Energy and utilities companies are often a target for cybercrimes Confidence in cybersecurity does not come from believing nothing will happen, it is achieved by knowing all the things that can happen and being prepared. Mikthan Security Technologies Ltd provides a holistic approach that defines what is most important to you, helping you to protect yourself and also react quickly when a breach occurs.
Digital Transformation
Trends in distributed resources, regional markets and the overall demand for increased flexibility are driving major transformation efforts for energy and utility companies. We help you to see the opportunities in fast moving markets, aligning people, processes and technology to transform your organization and help you to face the future with confidence.
Cost and Performance Management
Fluctuations in the price of oil and natural gas have energy companies seeking smart places to reduce costs today without limiting their future prospects. In addition, the capital investments and projects that drive exploration, refining and delivery, too frequently go over budget and off schedule. We help you identify and implement cost management and cash flow improvement efforts that drive performance, in both good times and those more challenging.
Regulatory Compliance
Globally, there is an increase in performance-based regulation, in which power providers earn more by delivering on policy objectives such as energy efficiency or system resilience, rather than earning a profit based only on capital costs or volume of sales. We can help you address emerging trends and existing regulatory demands through solutions that position your organization for sustainable performance and compliance now and in the future.