MELVILLE, N.Y., Feb. 27, 2019 /PRNewswire-PRWeb/ -- erwin, Inc., the data governance company, today announced that E.ON is deploying the erwin Data Governance (DG) platform across five of its international operating units. E.ON is a privately-owned energy supplier based in Essen, Germany, with approximately 43,000 employees focused on energy networks, customer solutions and renewables throughout the US, EMEA and APJ.
The erwin DG software will be used to deliver "data governance as a service" for one-stop data access and lineage within the organization's data lake that includes numerous sources such as ERP, CRM, BI, ticketing and customer service systems. The goals of this initiative are to standardize the company's vocabulary, meet regulatory compliance requirements, and understand and then optimize how data is used across global operations.
"As a pioneer within our sector, E.ON invests in new ideas and products to generate, store and optimize energy efficiency" explains Dr. Juan Bernabe-Moreno, Global Head of Advanced Analytics and AI for E.ON. "To accomplish that mission, we must make the most of our data assets, because digital transformation and data intelligence is central to modern business. We must treat our data as a strategic asset in shaping our products and services in addition to helping us better understand our customers and ensure we meet health, safety, environmental and data security and privacy standards."
For example, E.ON has installed more than one million smart energy meters that give customers more control of their energy usage and costs with convenient, automatic payment options. With accurate, data-driven insights made possible with erwin DG, E.ON can provide relevant information to those areas of the business responsible for the smart meter program – from field services to marketing to accounts receivable – to improve service, develop incentives and enhance financial reporting.
"We selected erwin as our data governance partner because of the solution's comprehensive metadata management, data harvesting and automated data lineage capabilities," says Romina Medici, Data Manager at E.ON. "What that means is that E.ON will be able to serve the right data to the right people according to their roles and responsibilities, with confidence in its quality. Then they can use it to make better, faster decisions that ultimately improve our performance as an energy company."
E.ON estimates a potential savings of 30 percent on external data management costs and a 50 percent reduction in time spent on data discovery, according to Medici. "Better data availability and quality will have a direct impact on productivity for each data-driven activity across E.ON," she adds.
"We're delighted E.ON chose to work with erwin on their data readiness initiative, including metadata management and data governance as key pillars," says Adam Famularo, erwin's CEO. "We're excited to be involved with an organization that has a passion for innovation and customer service, embracing the strategic value of data in delivering on those objectives. This is the type of deployment that will add to the education and enrichment of our respective industries and their best practices."
About E.ON
E.ON is an international, privately owned energy supplier based in Essen, Germany, and has around 43,000 employees. With a clear focus on three strong core businesses — Energy Networks, Customer Solutions, and Renewables — the company aims to become the partner of choice for energy and customer solutions. E.ON provides solutions for the new energy world. Its core businesses reflect the key emerging energy trends: The transformation of yesterday's power lines into tomorrow's smart energy networks. The increasing demand for innovative customer solutions. The global growth of renewables. Learn more at http://www.eon.com.
About erwin, Inc.
erwin provides the most comprehensive data management and governance solutions to automate and accelerate the transformation of data into accurate and actionable insights. The erwin EDGE platform combines data governance, enterprise architecture, business process, data modeling and data mapping. Thanks to the broadest set of connectors for data preparation, modeling and governance, government agencies, financial institutions, healthcare companies and other enterprises around the world can use data to fuel their compliance, innovation and transformation initiatives. Learn more at http://www.erwin.com.
SOURCE erwin
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