Quanam

BACKGROUND

Please describe your company and your position there.

I work for ANCAP, the National Oil Company here at Uruguay. My position isChief Digital Officer

OPPORTUNITY / CHALLENGE

For what projects/services did your company hire Quanam?

Quanam works for ANCAP on different projects related with BI, planning, Big Data, etc. It is our main contractor for our Data department. In this case, we worked with Quanam to setup our entire planning solution in order to forecast all financial outcomes and build "what if" scenarios depending on different external variables such as international oil prices or exchange rate

SOLUTION

How did you select Quanam and what were the deciding factors?

As an Estate Owned Company, ANCAP chooses all vendors through competitive procedures. Quanam has been chosen by ANCAP over the years since it has consistently shown over the years an excellent quality on their service delivery having an excellent team of professionals and at the same time very competitive prices. Quanam has an impeccable reputation not only within ANCAP, but in Uruguay in general

Describe the project in detail and walk through the stages of the project.

Project was builded on IBM TM1. During the project we adopted some agile practices by forming a cell integrated by a finance representative as product owner and developers from Quanam and ANCAP itself. There was no scrum master since we did not apply the scrum framework completely, but we had a PM provided by Quanam and a counterpart from ANCAP IT department. Project was executed on sprints, growing the model sprint by sprint and adding new variables and modeles (oil prices coverage, exchange rate coverage, etc).

Project also included training to everyone at ANCAP not only to be able to use and understand the tool, but also to maintain and modify the models as reality changes. The project also included the automation of every data source posible, even date coming from outside the organization such as international prices

How many resources from the Quanam team worked with you, and what were their positions?

Between 2 and 4 depending on the sprint. Roles were developers with different levels of seniority as well as a PM

RESULTS & FEEDBACK

Can you share any outcomes from the project that demonstrate progress or success?

The success can be seen by the level of adoption at the time of relevant decision making processes. The planning solution built on that project is still growing and being enriched. It has become a key element to determine product prices and to contract different type of instruments such as oil prices or exchange rate coverages in order to better manage our risk.

How effective was the workflow between your team and theirs?

We worked as one team in every aspect. Including co-location.

What did you find most impressive or unique about this company?

The ability to bring very qualified resources very quickly upon request or need of the customer. It has very low rotation we actually get to know all consultants/developers

Are there any areas for improvement or something they could have done differently?

Not that I can think of