Amid a sea of new technologies in an evolving energy trading and risk management (ETRM) landscape, system upgrades and cloud migration are having a transformative impact on the traditional approach of organizations in managing their business operations. Businesses, in a race to capture the benefits from a growing energy landscape, are daunted by the increasing deluge of technical solutions and struggle to secure the most fitting combination from the lot. Texas-based Veritas Total Solutions steps up to the task of guiding their clients through the assortment of technical options while directing them on the right approach to manage their businesses efficiently around the energy supply chain. “We intend to help them navigate these challenges by offering solutions and leveraging partnerships that marry business process and technology,” says August Al-Uqdah, partner and cofounder of Veritas Total Solutions.
As a full-service management consulting firm, Veritas transforms business strategies and processes by helping energy companies make more efficient use of technology. “We work collaboratively with our clients in understanding their business models and business drivers, to deliver transformative results with a lasting impact,” says Al-Uqdah. After discerning the challenges that they are trying to meet, from both technological and organizational perspectives, Veritas designs and implements best-of-breed solutions to address inefficiencies in business processes, applications, infrastructure, and reporting. Furthermore, Veritas helps clients to establish a security model for safeguarding their data whether their applications are housed on-premise or in the cloud.
For the Veritas team of consultants and industry experts, technological proficiency technology proficiency is just one of their pivotal strengths. They also boast a wealth of functional expertise around client business coupled with unmatched project and change management skills to successfully deliver projects within complex organizations. This unique combination of skills makes Veritas truly second to none in ensuring a smooth experience for clients in navigating business and technical challenges. With ‘true impact’ as the central theme for Veritas, the firm focuses on creating lasting impact for their clients by adding business value and delivering exceptional results through a collaborative, professional and seamless experience.
Veritas’ ongoing area of focus is in meeting their clients’ needs in the current oil price environment. Additionally, the recent deregulation of the Mexican energy sector has piqued the interest of companies, new and existing, to do business in Mexico. Recently, Veritas worked with one such energy company to aid them in understanding their business objectives in this newly deregulated industry. Veritas ultimately helped them design an architecture to support their goals. Veritas designed an integrated architecture that provided front-to-back functionality and was capable of managing six different commodities, including gas, power and refined products. With the implementation of scalable and flexible solutions, Veritas enabled the client to keep a tight rein on their operation and cost. As part of this program of work, they also delivered a multi-tiered environment and cloud-based infrastructure for the client’s business operations all over Mexico and the U.S.
Over the next few years, Veritas will continue to focus on growth. Veritas plans to accomplish this by continuing to increase work in their core risk-related areas (e.g. CTRM/ETRM Systems and Risk Advisory), building strong partnerships to complement existing solutions, offering a broader set of solutions as clients’ needs evolve, and expanding into new geographies (e.g. Mexico and Latin America). “As the global energy landscape continues to evolve and our clients are faced with new challenges around the energy supply chain, the seasoned Veritas team is creating lasting impact by offering flexible solutions that will continue to meet the ever changing demands of security, business processes, and cutting edge technologies,” concludes Al-Uqdah.
As a full-service management consulting firm, Veritas transforms business strategies and processes by helping energy companies make more efficient use of technology. “We work collaboratively with our clients in understanding their business models and business drivers, to deliver transformative results with a lasting impact,” says Al-Uqdah. After discerning the challenges that they are trying to meet, from both technological and organizational perspectives, Veritas designs and implements best-of-breed solutions to address inefficiencies in business processes, applications, infrastructure, and reporting. Furthermore, Veritas helps clients to establish a security model for safeguarding their data whether their applications are housed on-premise or in the cloud.
For the Veritas team of consultants and industry experts, technological proficiency technology proficiency is just one of their pivotal strengths. They also boast a wealth of functional expertise around client business coupled with unmatched project and change management skills to successfully deliver projects within complex organizations. This unique combination of skills makes Veritas truly second to none in ensuring a smooth experience for clients in navigating business and technical challenges. With ‘true impact’ as the central theme for Veritas, the firm focuses on creating lasting impact for their clients by adding business value and delivering exceptional results through a collaborative, professional and seamless experience.
We work collaboratively with our clients in understanding their business models and business drivers, to deliver transformative results with a lasting impact
Over the next few years, Veritas will continue to focus on growth. Veritas plans to accomplish this by continuing to increase work in their core risk-related areas (e.g. CTRM/ETRM Systems and Risk Advisory), building strong partnerships to complement existing solutions, offering a broader set of solutions as clients’ needs evolve, and expanding into new geographies (e.g. Mexico and Latin America). “As the global energy landscape continues to evolve and our clients are faced with new challenges around the energy supply chain, the seasoned Veritas team is creating lasting impact by offering flexible solutions that will continue to meet the ever changing demands of security, business processes, and cutting edge technologies,” concludes Al-Uqdah.
