Overview

If your business operates in the oil & gas industry, either upstream or downstream, its pulse is dictated by fluctuations in market prices. In today's volatile environment, your employees are under pressure to make critical decisions in a split-second based on market events. There is little margin for error. There is no time to get things done by hand. No matter your focus in the industry, it is becoming critical to make every element of your business market-aware.

This is why leading energy companies are harnessing new technologies like web services and Web 2.0 to empower their employees with the right information and automate business processes that were previously un-automatable.

Accomplishing those objectives without using Web 2.0 technology is challenging:

• Complex Integration. Legacy technologies make integration complex, expensive and cumbersome, thereby limiting opportunities for process integration and streamlining.
• Expensive Infrastructure. Old-school approaches also require you to host--at great expense--significant amount of data that is instantly stale and which you may never use.
• Siloed Data. Traditional licensing forces and technologies make it slow and difficult to access and re-use information you already have in other parts of your firm.

Solution

XigniteEnergy is the only solution designed to provide you with all the energy pricing information you need to power the many aspects of your business:

• XigniteEnergy gives you complete freedom, flexibility and ease on how you consume, integrate and present this information.
• XigniteEnergy is a web service, i.e. an electronic, on-demand, internet-based "feed" that is extremely easy to integrate with your applications. You can use them to feed energy prices to your web site, your intranet, your analytical models, or wireless applications.
• With its straightforward interface and its pay-as-you-go subscription model, XigniteEnergy is bound to save money for your business.

Zero Infrastructure Since data is available on-demand, you no longer need to waste time and money setting up infrastructure. Easy To Integrate By using SOA standards like SOAP and REST, developers can pull what they need in minutes instead of weeks. Pay-As-You-Go Choose from our pay-as-you-go subscription models, and ensure you only pay for the data you need and use.