FACING A COMPLEX DATA MANAGEMENT CHALLENGE WITH A MODERN DATA PLATFORM
To enable data-driven decision-making, Preem, a leading Swedish petroleum and biofuel company, set an overarching strategy to establish a lakehouse data platform based on Azure to provide accurate data and insights.
Preem’s climate target was brought forward by ten years in 2021, aiming for a climate-neutral value chain by 2035, the most ambitious target in the industry. Their investments and solutions have been dedicated to reducing emissions and demonstrating their commitment to sustainability.
Preem faced the challenge of establishing a data-driven decision-making strategy to capture and manage accurate data, address sustainability goals, and optimise product sales. They invested in Microsoft projects and Databricks to achieve these objectives. To achieve their goals, they needed to consider their green sustainability efforts while balancing customer needs with price, volume, and the composition of renewable and non-renewable materials.
Preem also faced a complex data management challenge, which led them to establish an Azure data lake as the best approach to becoming data-driven. They transitioned to a shared data platform and initiated the Planning and Forecasting project to optimise product sales. The project provides advanced capabilities and insights for finance and other stakeholders. The investment in Databricks enabled Preem to reduce the time for event analysis significantly. The project’s success is expected to continue evolving and innovating, including exploring the potential of AI/MLOps to achieve their goals.
The investment in Microsoft projects resulted in implementing an Azure data lake and a significant investment in Databricks, focusing on adhering to best practices and reference architecture from both platforms. As a Microsoft Solutions Partner, Nexer Insight was engaged to determine the best ways to expose and ingest data across the entire platform, utilising a reference architecture that has been simplified to trim excess overhead costs while still meeting Preem’s demands.
To ensure success, Nexer Insight set up discovery workshops with Preem to understand the reference architecture they were trying to capture and to use Databricks’ Unity catalogue. By leveraging their expertise and experience, Nexer Insight was able to develop a customised reference architecture to meet Preem’s specific needs while still adhering to best practices and industry standards. This simplified architecture helped trim excess overhead costs while ensuring that Preem’s demands were met.
Preem is very satisfied with their investment in Databricks and will continue prioritising practical solutions that provide tangible benefits. Their investment in Microsoft projects and Databricks has enabled them to capture and manage accurate data, address their sustainability goals, and optimise product sales. The project’s benefits were evident, and Preem was eager to apply machine learning to other areas suitable for their platform.
The investment in Databricks allowed Preem to reduce the time for event analysis significantly. The project’s success is expected to continue, and Preem will continue to innovate in their data-driven approach and sustainable business practices.
As the world continues to face complex environmental challenges, it’s heartening to see companies like Preem leading the way in developing sustainable business practices. We are proud to have played a role in their journey and look forward to continuing our partnership as they evolve and innovate.
Ready to unlock the secrets to effective data management? Then download our case study now!