All Press Releases for February 03, 2011

Oniqua CEO and Co-Founder Andy Hill to Speak at Energy CFO Summit

Presentation to show how financial executives can quickly assess the opportunities for their organization to make significant improvements in return-on-assets and dramatically reduce costs by implementing a closed-loop analytical approach



    DENVER, CO, February 03, 2011 /24-7PressRelease/ -- Oniqua Enterprise Analytics (www.oniqua.com), the leading provider of analytics-based MRO optimization solutions for asset-intensive organizations, today announced that Oniqua CEO and co-founder Andy Hill will speak at the Energy CFO Summit on Thursday, February 17, 2011. The event will take place February 16-18, 2011, at the Westin Diplomat Hotel in Hollywood, Florida.

In his speech entitled, "Using Analytics to Improve Your Return-on-Assets", Andy Hill will outline a structured methodology that will show how financial executives can quickly assess the opportunities for their organization to make significant improvements in return-on-assets and dramatically reduce costs by implementing a closed-loop analytical approach.

Supported by case studies, Mr. Hill will also explore how leading energy companies have partnered with Oniqua to apply analytical techniques to optimize their MRO (Maintenance, Repair and Operations) activities and generate millions of dollars in annual savings.

"Financial executives within the energy sector are under ongoing pressure to reduce costs, mitigate risk, eliminate waste and improve their return on assets," stated Andy Hill, CEO and co-founder, Oniqua. "Smart organizations are increasingly turning to advanced analytics to better leverage their company data and find ways to improve operational and financial performance while reducing business risk. I look forward to discussing with many of North America's leading energy financial executives how they can leverage the power of analytics to better achieve their financial goals."

Other summit speakers will include Dr Hillard G. Huntington, Executive Director, Energy Modeling Forum, Stanford University; Doyle Beneby, President and Chief Executive Officer, CPS Energy; and Herman Schopman, President and Chief Executive Officer, GDF SUEZ Energy Generation NA, Inc.

About the Speaker
Andy Hill is Chief Executive Officer and a co-founder of Oniqua Enterprise Analytics. Mr. Hill started his career as an engineer with Rolls-Royce Aerospace in the United Kingdom before focusing on research and simulation in the area of asset-focused analytics, leading to the development of Oniqua's inventory optimization software solution, which is currently used by many of the world's largest Energy and Resources companies to optimize over $5 billion of maintenance spares inventories.

Mr. Hill has provided consulting services to dozens of organizations in Australia, Asia, South Africa, Latin America and North America, and has led the Oniqua group to become a world leader in maintenance, inventory and procurement analytics with a vision of helping Oniqua's customers to optimize asset performance.

For more information on the conference, visit www.energycfosummit.com
For more information on Oniqua, visit www.oniqua.com

About Oniqua Enterprise Analytics
With operations in the Americas, Africa and Asia-Pacific regions, Oniqua is the world's leading MRO (Maintenance, Repair and Operations) analytics software company. Oniqua helps organizations maximize profits, savings and efficiencies by minimizing MRO waste, and delivers a positive return on investment in as little as three to six months. Oniqua Analytics Solution (OAS) leverages customers' transactional data by applying advanced analytics to identify inefficiencies and ensure that their maintenance, inventory and procurement operations run as efficiently as possible. Oniqua is proud to serve the world's leading companies in the oil and gas, mining, utilities and transportation industries, including ConocoPhillips, BP, Hawaiian Electric, Orange County Transportation Authority, BHP Billiton, Vale, Rio Tinto, Anglo Coal, Newmont Mining, Alcoa, Xstrata, Drummond Company and Freeport McMoRan. www.oniqua.com

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