Gas Market Data Is Moving Towards Digital Transformation.
Terant Inc. guided a client through an innovative digital portal's entire product development cycle. It allows near real-time viewing of gas market information. In the highly regulated worldwide gas market, every operator must provide regular reports on the state of their operations. It will create a flow of multiple heterogeneous data.
Digital Innovation To Overhaul Your Everyday Operations
At Terant Inc., we can help you build a portal that can unify the most up-to-date and historical information on gas flows, pipelines, and storage. Ultimately, it can help gas traders and analysts identify trading opportunities and execute trades faster. They can also plan & calculate the cost of gas transportation based on the aggregated data analysis.
Our client was looking for an IT consulting company that could provide the market knowledge and lead them through the development process. The Terant Inc. team impressed him with their ability to instantly grasp his industry's peculiarities and understand the drivers behind the project.
A Portal That Offers Real-Time Viewing Of Consolidated Gas Market Information
We helped our client build a portal that provides its users with relevant gas market data, including gas flows, use rates, network balances, maintenance schedules, and hub and transport prices. In addition, the portal provides data in an engaging visual form, making the gas market easy to understand.
The Terant Inc. team started working on the project by providing our client with a product design workshop. We aimed to analyze the idea behind the portal and think through the needs and possible barriers with our client. For example, the user experience was one of the project's focuses. We concentrated on creating intuitive usability to smooth platform adoption and lucid visualization tools to allow for easy comparisons of complex data.
Our team was staffed in two weeks and instantly started delivering positive results. Establishing clear, transparent communication and reporting practices allowed our client to see the project's progress effectively and mitigate possible risks and problems. The system was delivered against a challenging deadline of four months. It allows our client to showcase the new digital experience at the popular annual industry event.
Currently, the portal integrates data from over 35 independent data sources, with plans to move beyond 50. In addition, the portal has a set of inbuilt tools that normalize and transform the data. Further, it applies difficult mathematical calculations and aggregation formulas to make the portal produce actionable outputs.
Terant Inc. has modernized the way the gas market is demonstrated and consumed.
By working with us, our client was able to spread its business model and position itself as a market leader. The target audience accepted the platform well and earned great user feedback. Terant Inc. helps main market actors do their work more efficiently by providing the most updated data for decision-making and strategic analysis.