In an ever more competitive marketplace, the use of modern risk management solutions like Xactium can make all the difference between failure and success
Energy and services company Centrica Plc use Xactium Risk Management Solutions to enhance reporting and promote risk awareness across its business.
International oil and gas services provider Petrofac Limited has chosen to adopt the use of Xactium’s Risk Management solution to manage both project and enterprise risk.
Stephen Tighe, Group Head of Enterprise Risk at Petrofac, said: “Petrofac has grown rapidly over the past few years and needed to optimise its approach to managing risk and uncertainty. In order to achieve this we needed to standardise the process and language for managing risk across our seven different business units and our portfolios of projects, assets and investments".
Energy and utility companies operate within one of the most regulated and commpetitive industries in the world where risk management is critical to:
In an ever growing market, there is little room for error. With risks increasing as companies are pushed into more remote and unfamiliar boundaries and project risk becoming a core operating principal, Xactium has built its solutions to be adaptable and mobile providing a real time view of risks and opportunities.