E&P operators need the capacity to effectively manage their risk, while remaining agile in response to volatile market conditions. Executives should be armed with an understanding of their portfolio’s strategic options, as well as the range of possible outcomes under uncertainty.
Palantir’s PlanningSpace™ enables organizations to effectively manage their assets so that multiple strategic scenarios can be quickly developed. This allows investment managers and decision executives to have a deep understanding of the trade-offs between risk and reward in their portfolio of opportunities. Companies are able to quickly respond to challenging business conditions with confidence, knowing that their decisions have been grounded in reality, while based on current and accurate data.Learn More
Most companies are very good at creating a single portfolio scenario. This process is performed over several months with many people providing countless man hours. The end result is a singular view of the assets, which becomes the basis for a business plan. When the portfolio is complete, it is already out of date as the inputs are out of date. Decision makers need to understand all of their alternative decisions in order to respond in a timely manner to volatile business and market conditions.
Our strategic scenario planning solution in PlanningSpace™, enables companies to develop a range of strategic options so that executives can make informed decisions in real-time. This fact based decision making leads to improved profitability and increased efficiency in capital investment.
PlanningSpace™ helps users manage their strategic scenarios and to understand the underlying synergies in their portfolio. PlanningSpace™ Dataflow allows for the creation, collaboration and communication of the possible ranges in each asset in the portfolio. The advanced optimization tools and techniques in PlanningSpace™ Portfolio enable the user to create many different strategic scenarios. Users can view these side-by-side to understand the potential risk, return and tradeoffs between all possible scenarios.
By providing a platform for companies to rapidly simulate many possible outcomes, PlanningSpace™ allows companies to better understand and explore the full range of value that can be maximized, as well as the risks that need to be minimized. This leads to portfolios that can withstand challenging business and market conditions. This in turn, creates value for the organization though increased profitability and risk mitigation.
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