IHS Markit

Creating and growing a benchmarking business is exciting. Migrating to a new platform that grows with your business, delivers a world-class client experience and eliminates manual processes can be a challenge. Doing it all while maintaining your business can be hard.

Working together, Osprey and IHS Markit were able to re-imagine the RE Benchmarking service, leverage Osprey’s proven Business Application Framework and Actionable Intelligence products and deliver a completely new technology-driven experience to the customers of IHS.

Challenge

• Find a better, more efficient way to collect, validate, process, and share wind project information.
• Increase customer engagement by providing real-time benchmarking information in an interactive, web-based experience.
• Grow and scale both business and technology, and establish a platform upon which to create new products.

Osprey’s Approach

Outcome

Together, Osprey and IHS Markit were able to design, build, and deploy a completely new product to customers for use in 3 months, followed by complete functionality in 6 months. The new system has had the intended effect of making it easier to acquire new customers.

Wind turbine operators are able to weigh costs, trends and failures in a way that wasn’t possible before, and can make more informed decisions when choosing different turbines or manufacturers, for example. With access anytime they need it, once-a-year-reporting is a thing of the past.