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.
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.