At Brady, we are celebrating achieving a significant milestone ahead of target in a major project for one of the world’s largest chemical producers. We delivered on customer expectations for this latest phase within budget, deploying a cross-functional team of 20+ individuals representing professional services, product management, development, delivery operations, and account management. Their Brady CTRM system is in the process of being rolled out across Europe, North America, and Asia to support consolidated hedging and risk management operations. The success achieved so far in this project follows a string of successful implementations we have undertaken since January of this year, despite such unprecedented global economic times.
Whether greenfield implementations, expansion or upgrade projects, we put the customer’s need for return on investment and fast time to market at the heart of what we do. Our success in delivering software roll-out projects on time and budget stems from an implementation methodology that is proven over decades. Our projects draw upon the expertise and close coordination of Brady staff across multiple departments. We set out to understand our customers’ business processes from the start and engage with users from across the business, not just the department focused on the day-to-day management of their Brady product. We agree key milestones and communicate regularly with our customer throughout the process.
2020 featured several implementation highlights in Europe and North America for our solutions in commodity hedging and risk management, physical power trading, and energy settlement.
Multiple customers moved to the Brady Cloud in 2020. They opted to migrate from running their Brady solutions on-premise to a fully managed cloud environment. By moving their trading operations to Brady’s cloud service, their IT teams were able to focus on other priority areas of their business. We can deliver cloud migration projects within 3 months, depending on customer requirements.
We have successfully supported our customers’ growth strategies by delivering system expansion projects throughout the year. These include an Italian headquartered manufacturer of cables extending Brady’s hedging and risk management system to its US division and a leading Norwegian energy company extending its short-term power trading activities across the Nordic region with Brady’s physical power trading platform. These projects have gone live within a competitive period.
2020 has seen projects involving the consolidation of trading systems following mergers and acquisitions in energy organisations. In such scenarios, the efficient migration of a significant amount of critical data, with minimum disruption to the business is challenging for internal teams. Brady is highly experienced in projects of this nature. We have developed a tool specifically for this purpose. We successfully migrated large volumes of complex time-series data to Brady’s physical power trading platform for a leading state utility in Northern Europe, in just a few hours of downtime.
New system implementation projects delivered this year include an Irish renewables generator, for independently reconciling charges and payments raised by the market operator and an Italian renewables player for optimising management of their assets in Europe.
If you are looking for proven and quick time to market commodity management software solutions covering metals, ags, power, gas, coal, oil, renewables, and more, get in touch with Brady.