Capco boosts energy sector offerings with ESG partnership
Capco has announced a new partnership with smart retailing platform ESG, to help energy companies modernise and upgrade their legacy software systems. According to Jonathan Clites, a partner with Capco, the move means the firm’s clients “can now be more confident when implementing ESG’s diverse, opportunity-to-cash product suite.”
Clites, who is a retail and wholesale energy expert, explained, “Capco offers energy clients excellent project delivery expertise and deep industry knowledge, as well as technical implementation and integration skills. This partnership addresses an important business need for our clients so they can devote more time and resources to driving innovation for their customers.”
Not to be confused with the acronym for environmental, social and governance change, the global company ESG provides a full suite of financial and land acquisition and management solutions, helping oil and gas producers, pipelines, renewables, and utilities companies to efficiently track and manage their business operations with less staff. Meanwhile, Capco – which is now a Wipro company – is a global management and technology consultancy specialising in driving transformation in the energy and financial services industries.
According to a release from the firms, the combination of ESG's Titanium platform with Capco's implementation and delivery expertise will help energy companies transition from inefficient, siloed legacy systems to innovative, state of the art technology.
“Like Capco, ESG has deep roots in retail energy, and we are honoured that they have chosen to partner with us,” noted Patrick Smith, Managing Director, North America at ESG. “Leading retail energy providers rely on ESG for mission-critical front office systems like billing and customer engagement portals, and some 30 million transactions run through our scalable Titanium platform every month. And now this partnership gives customers the added benefit of Capco’s extensive implementation and integration experience in retail energy and utilities, for even more successful deployments.”
In particular, the move will give Capco’s clients access to ESG Titanium, an API-first, modular energy platform that empowers energy suppliers to optimise and innovate across their portfolio. Capco prides itself on leveraging its deep domain expertise and technology implementation experience to drive successful outcomes for clients – and the combination of ESG’s Titanium platform with Capco’s industry knowledge and proven implementation and delivery expertise will help energy companies transition from inefficient, siloed legacy systems to innovative, state of the art technology.
Lance McAnelly, global energy domain lead at Capco, concluded, “Our retail and wholesale energy clients struggle with legacy EDI, billing, and CRM platforms that require extensive manual intervention, leading to higher operational costs. However, some have hesitated to migrate to a modern platform like ESG Titanium due to perceived risks in the migration process. The partnership between ESG and Capco will help them reduce risk and drive more successful project implementations.”
