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Akili’s Oil and Gas Client Concho Resources to speak at SAP Oil and Gas Best Practices conference

Concho Resources to speak at SAP Oil and Gas Conference Oct. 7. Concho will discuss choosing Akili and implementing SAP Business Planning and Consolidation (BPC) for Reporting (Project Phase 1) and Budgeting and Forecasting (Phase 2).

 

About the Best Practices for Oil & Gas Conference
The Best Practices for Oil & Gas conference has emerged as a leading forum for upstream, midstream, downstream, and oil field services professionals to collaborate across the value chain. The event features first-hand knowledge on how SAP solutions have been successfully implemented and managed at oil and gas organizations with eight tracks of content. The program offers essential expertise from the industry’s top leaders, innovators, SAP experts, and ASUG members with keynote presentations, ASUG-led roundtables, and interactive workshops. The exhibit floor features leading technology and service partners, and provides a closer look at their solutions and services. A collaboration of SAP, ASUG, and The Eventful Group, Best Practices for Oil & Gas will take place October 6-9, 2013, in Dallas, Texas.

For more information and to register visit www.sap-oil-and-gas.com.

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Akili CEO, Shiek Shah appointed to Volunteers of America Texas board of directors

EULESS, Texas – Volunteers of America Texas, a faith-based, nonprofit organization serving the most vulnerable Texans in more than 30 urban and rural communities, has named new board officers and appointed four new members.

“We are delighted to welcome this group of talented community leaders to Volunteers of America Texas.  Their compassion for people who are overlooked, downcast or broken, combined with their dedication to good stewardship, will serve as guideposts to the organization and its staff as we serve the community,” said Melody Timinsky, president and chief executive officer of Volunteers of America Texas.

These board members will assist Volunteers of America Texas in achieving its mission of strengthening communities by helping the most vulnerable individuals in society reach their full potential. The organization’s key program areas are affordable housing; addiction treatment, recovery and prevention; community re-entry from incarceration; services for individuals with intellectual and developmental disabilities; and a continuum of support services.

The new members of the Volunteers of America Texas board of directors are:

  • Michael Anaya, Houston resident and chief executive officer of Select Specialty Hospital at Houston Medical Center
  • Dean McGee, resident of Richardson, Texas, and vice president of risk with Caliber Home Loans in Irving, Texas
  • Eddie Reyes, resident of Carrollton, Texas, a decorated veteran, retired nonprofit executive and advocate for the Hispanic community
  • Shiek Shah, resident of Irving, Texas, and co-founder and chief executive officer of Akili, Inc.

The new board members will join newly appointed board leadership, including Bill Albers, resident of Highland Park, Texas, and partner with MPKA, LLC, who will succeed Steve Wakefield of Buckner International as chair. Bill has more than 30 years of experience in managing corporate level finance, acquisitions and merger, and business planning departments. Joe Miller, resident of The Woodlands, Texas, and senior environmental specialist at Williams Midstream will serve as vice chair, and Wesley Holloway, Dallas resident and senior finance manager at Pepsico Global Operations, will serve as treasurer and secretary.

Other board members are: Alan Ayers
, Concentra Urgent Care; Christopher Bhatti
, Southern Methodist University; Kasandra Castleberry,
 Travelocity Global – Sabre Holdings; Michelle Chism
, CEC Entertainment, Inc.; Lucille DiDomenico
, Conference of Southwest Foundations; Carlos Maese, 
Human Dynamics Inc.; Karen Meunier, 
Community Development Consultant; K Royal, 
Align Technology, Inc.; Monica Egert Smith, 
Communities Foundation of Texas; Mike Sullivan
, The Profit Experts; Steve Wakefield (ex-officio), Buckner International; Betty Garrison, Resident Representative; and Robert Wohlrab, Resident Representative
.

About Volunteers of America Texas

Volunteers of America Texas is a faith-based, nonprofit organization that strengthens communities by helping the most vulnerable individuals in society reach their full potential. Services include addiction treatment, affordable housing, intellectual and developmental disabilities services, community re-entry programs and a continuum of support services that address the needs of the whole person.  With locations in more than 30 urban and rural communities, Volunteers of America Texas has been helping those who need the most help for close to 100 years. For information, visit www.voatx.org.

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SunEdison leverages SAP BPC across Global Accounting organization

SunEdison Streamlines Consolidation and Planning processes with SAP BPC v10 NetWeaver

“Leveraging BPC for Cash Flow has allowed us to reduce the cycle time for Cash Flow preparation and roll out the process to our Global Accounting organization. Global sites have taken ownership of their cash flow preparation we are able view and analyze consolidated cash flow results much more quickly with BPC.”  ~ Andrew Fresenburg, Manager of Financial Reporting, SunEdison

This is just a sample of what SunEdison will be sharing on Nov. 6 at the SAP EPM Conference in Dallas, TX.

View the conference website here: http://us.tacook.com/events/conferences/details/sap-enterprise-performance-management-conference-epm-2013/conference-highlights.html

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Concho Resources spoke at SAP Oil & Gas Best Practices conference

Concho Resources spoke at the SAP Oil & Gas Best Practices conference on Oct. 7.

Concho Resources discussed choosing Akili and implementing SAP Business Planning and Consolidation (BPC) for Reporting (Project Phase 1) and Budgeting and Forecasting (Phase 2).

Thank you, Jeff Berglund and Willson Beebe!

If you missed the conference, join Akili and SAP for our Oct. 24 Webcast BPC Demonstration and to hear how Concho Resources Maximizes Cash Flow.

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Akili Named One of the Best Companies to Work for in Texas 2014

DALLAS, Texas (Dec. 16, 2013) — Akili Inc. was recently named as one of the 2014 Best Companies to Work for in Texas. The 2014 Best Companies to Work for in Texas list is made up of 100 companies and was designed to identify, recognize and honor the best places of employment in Texas, benefiting the state’s economy, workforce and businesses.

“It is an honor for Akili to receive the 2014 Best Companies to Work for in Texas award,” said Shiek Shah, Akili’s CEO. “We strive to create an environment at Akili that is based on our core values. The 2014 Best Companies to Work for in Texas recognition validates everything we have been working to achieve within Akili’s culture.”

Review Akili’s core values here.

The awards program was created in 2006 and is a project of Texas Monthly, the Texas Association of Business (TAB), Texas SHRM and Best Companies Group..

To be considered for participation, companies had to fulfill the following eligibility requirements:

  • Have at least 15 employees working in Texas
  • Be a for-profit or not-for-profit business or government entity
  • Be a publicly or privately held business
  • Have a facility in the state of Texas
  • Be in business a minimum of 1 year

Companies from across the state entered the two-part survey process to determine the Best Companies to Work for in Texas. The first part consisted of evaluating each nominated company’s workplace policies, systems, philosophies, practices, and demographics. This part of the process was worth approximately 25% of the total evaluation. The second part consisted of an employee survey to measure the employee experience. This part of the process was worth approximately 75% of the total evaluation. The combined scores determined the top companies and the final ranking. Best Companies Group managed the overall registration and survey process in Texas and also analyzed the data and used their expertise to determine the final rankings.

The rankings will be revealed for the first time at the Best Companies to Work for in Texas event on Tuesday, April 1, 2014 at the Hyatt Regency in Austin, and will also be profiled by Texas Monthly in a special publication that will be released in conjunction with the event.

For more information on the Best Companies to Work for in Texas program, visit www.BestCompaniesTX.com or contact Jackie Miller at 877-455-2159.

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Akili to speak at the Houston Data Management Symposium

Akili’s Business Intelligence Director, Kyle Johnstone, will speak Tuesday, March 25 at the Professional Petroleum Data Management Association’s 2014 Data Management Symposium.

Kyle Johnstone
Kyle Johnstone

Johnstone’s presentation is titled “Data Integration Approach to Oil & Gas Legacy Systems with the PPDM Model” and will cover the key components of a data integration framework for Oil & Gas legacy systems which includes:

  • Information Architecture
  • Processes
  • Standards
  • Tools
  • Human Resources

Real case studies will be leveraged to highlight the implementation approach.  This presentation will also highlight challenges that can be addressed early on such as:  Different definitions of data between systems, dealing with long established processes that may need to change, and the proper ways to communicate expectations to the enterprise.

Key Learning Points:

  1. Understand the approach to O&G data integration leveraging PPDM
  2. Understand and plan for challenges for data integration
  3. Identify and describe the key components of a robust data integration strategy

If you are interested in learning more about this conference, download the full agenda below.

Download-agenda-button

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SigmaFlow’s Oil and Gas Well Delivery Solution now delivered by Akili

Akili has paired our 20+ years of Oil & Gas industry implementation services with SigmaFlow’s Well Delivery Solution, to deliver dramatic value in oil and gas exploration through multi-schedule management, process execution and analytical reporting tools.

As the demand for energy increases, upstream oil and gas companies must continuously seek new ways to optimize and improve operations – shortening timeframes to production and optimizing cash flow. SigmaFlow’s Well Delivery Solution provides a standardized method to easily manage and track all pre-drilling activities. Akili’s collective knowledge of industry best practices and key performance indicators (KPIs) drives our ability to deliver SigmaFlow’s solution to improve our clients KPI’s through technology.

Well Delivery Solution

  • Drilling and Rig Scheduling
  • Standardized Process Execution
  • Data and Document Management
  • Dashboard and Reporting
  • Data Integration
  • Preloaded Well Information

Process Execution

  • Optimization of Tasks
  • Many Tasks performed in parallel, rather than sequential
  • Management and control of process hand-offs
  • Users work “in the system,” enabling the system to be the single source of truth
  • Actionable transparency over all activities “in process”

Multi-schedule management

  • Accurate status of survey, construction, drilling, completions, and gathering parties on all projects improves scheduling and empowers agile schedule adjustment.
  • Multi-schedule management forecasts schedule dates for high-demand 3rd party contractors.
  • Hand-offs and rework are greatly minimized, reducing non-value added work.
  • Improved planning reduces idle time, eliminating the majority of waiting time.
  • Parallel Task performance reduces costs and increases rig utilization.
  • Risk indicators and notifications empower proactive management and reduce fire-fighting.

Forecasting Key Milestone Dates

  • Reduce risks of rig-down-time by:
    • Ensuring an inventory of ready-to-drill wells (Dashboard chart can illustrate the inventory of drilling days).
    • Using process risk indicators to fine-tune the schedule.
    • Instituting “Rig Move” process execution procedures and measurements.
  • Improve performance by:
    • Capturing the root-cause reasons for downtime.
    • Benchmarking Planned vs. Actual performance (Actuals data can be imported).
    • Improve collaboration by sharing the web-based schedule with service providers
  • Achieve better results with:
    • Impact Analysis: What-if analysis of various scheduling scenarios to find the best possible plan.
    • Indicators illuminate schedule delays, exceptions, and prioritization of critical work to meet schedules (My-Work and Daily Digest emails)

About SigmaFlow

SigmaFlow was founded in 2001 and  is a leading provider of Process Execution solutions. The company’s solution portfolio includes  Oil & Gas Well Delivery and  NERC CIP & 693 Compliance. SigmaFlow products place a strong emphasis on embedding domain knowledge through process-driven template-based-architecture. The company serves a diverse global portfolio of customers in the mid-range and enterprise marketplace. SigmaFlow is headquartered in Plano, Texas.

Fill out the form below to download SigmaFlow’s Well Delivery Solution Brief

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Akili ranks again on the Inc.500/5000 Annual List of America’s Fastest-Growing Private Companies

Akili Inc. appears for the 6th time on the Inc.500/5000 annual list of the fastest growing private US companies. Previous Akili listings occurred in 1999, 2000, 2012, 2013 and 2014.

Akili (pronounced (uh • kē’ • lē) meaning “knowledge” in Swahili) is an information technology consulting firm founded in 1992. Akili is headquartered in Dallas, TX, with locations in Houston, TX and Denver, CO.

“Akili is privileged to have achieved multiple appearances on the Inc. 500|5000 list, and I attribute it to our commitment as a company to our core values,” said Shiek Shah, CEO, Akili Inc. “Defining and adhering to principles we believe in has made the difference in our growth, vision and consistency.”

Akili has 20+ years of successful implementations for Fortune 1000 companies in industries such as Manufacturing, Healthcare, Financial Services, Hospitality, Consumer Packaged Goods, Energy, Construction, and Telecom.  Akili’s precision of implementation design and trusted delivery is evidenced by our 100% project success rate ensuring our clients receive the best combination of technology and consulting. Akili is results-oriented, client focused, and easy to work with.  Our solutions turn data into knowledge that clients can trust for their next major decision. Akili always delivers because our people always deliver. For more information on Akili’s solutions and services, please visit www.akili.com or email info@akili.com.

“The story of this year’s Inc. 5000 is the story of great leadership. In an incredibly competitive business landscape, it takes something extraordinary to take your company to the top,” says Inc. President and Editor-In-Chief Eric Schurenberg. “You have to remember that the average company on the Inc. 5000 grew nearly six-fold since 2012. Business owners don’t achieve that kind of success by accident.”

The average company on the list achieved a mind-boggling three-year growth of 490%. The Inc. 5000’s aggregate revenue is $205 billion, generating 647,000 jobs over the past three years. Complete results of the Inc. 5000, including company profiles and an interactive database that can be sorted by industry, region, and other criteria, can be found at www.inc.com/inc5000.

Methodology

The 2015 Inc. 5000 is ranked according to percentage revenue growth when comparing 2011 to 2014. To qualify, companies must have been founded and generating revenue by March 31, 2011. They had to be U.S.-based, privately held, for profit, and independent–not subsidiaries or divisions of other companies–as of December 31, 2014. (Since then, a number of companies on the list have gone public or been acquired.) The minimum revenue required for 2011 is $100,000; the minimum for 2014 is $2 million. As always, Inc. reserves the right to decline applicants for subjective reasons. Companies on the Inc. 500 are featured in Inc.’s September issue. They represent the top tier of the Inc. 5000, which can be found at http://www.inc.com/5000.

About Inc. Media

Founded in 1979 and acquired in 2005 by Mansueto Ventures, Inc. is the only major brand dedicated exclusively to owners and managers of growing private companies, with the aim to deliver real solutions for today’s innovative company builders.  Winner of the National Magazine Award for General Excellence in both 2014 and 2012. Total monthly audience reach for the brand has grown significantly from 2,000,000 in 2010 to over 13,000,000 today.  For more information, visit www.inc.com.

The Inc. 500|5000 is a list of the fastest-growing private companies in the nation. Started in 1982, this prestigious list of the nation’s most successful private companies has become the hallmark of entrepreneurial success. The Inc. 5000 Conference & Awards Ceremony is an annual event that celebrates their remarkable achievements. The event also offers informative workshops, celebrated keynote speakers, and evening functions. For more information on Inc. and the Inc. 5000 Conference, visit http://www.inc.com/.

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Akili Inc. selected again as a winner of the Dallas 100™ Awards.

DALLAS, Texas (Nov. 15, 2013) — Akili was recognized this week as one of the 100 fastest growing, most dynamic  privately held companies in the Dallas area at the 23rd Annual Dallas 100™ Awards ceremony presented by the SMU Cox Caruth Institute for Entrepreneurship.

Akili and the other Dallas 100 companies were honored at an awards ceremony at the Omni Hotel Dallas on Nov. 14.

“Akili is honored each year we have made the Dallas 100™ Awards. We attribute our continued success to the quality of our team and our unwavering commitment to our clients,” said Shiek Shah, Akili CEO.  “Akili’s core values guide the decisions our people make daily and have given us solid principles to apply no matter the circumstance.”

Shiek Shah, CEO, Akili Inc.

The unsung heroes of our economy are the entrepreneurs who build their own businesses and create jobs as fast as large companies eliminate them. While entrepreneurs are the engines of growth in our economy, they often go unrecognized. The Dallas 100™ was created to correct this injustice. Each year the Dallas 100TM scans the business environment to identify the 100 fastest growing privately held companies in the Dallas Metroplex.

The Dallas 100TM Awards Criteria

To qualify for the 2013 Dallas 100TM Awards, a company must be independent, privately held corporations, proprietorships or partnerships (not subsidiaries or divisions of a parent company) as of May 1, 2013. They must have at least 3 years history and not be a non-profit organization. Companies must be headquartered in the Dallas Metroplex, have sales of more than $500,000, but less than $75 million in fiscal year 2010, and have a three-year sales history which reflects growth during the three-year sales period. Companies must have a credit report and character satisfactory to the Dallas 100 TM, determined at the sole discretion of the Dallas 100TM.

From SMU Cox School of Business

Dallas 100™, co-founded by SMU Cox Caruth Institute for Entrepreneurship, honors the ingenuity, commitment and perseverance of the fastest growing privately-held entrepreneurial businesses in the Dallas area.  According to the Caruth Institute’s data, this year’s winning companies collectively created 13,351 jobs during the previous two years, grew at an average annual growth rate of almost 88 percent per year and achieved almost $3.6 billion in sales over the past year.  This is the 23nd year that the Caruth Institute has organized this event and the first year it has been held at the Omni Dallas Hotel.

About Akili Inc.

Akili (pronounced (uh • kē’ • lē) meaning “knowledge” in Swahili) is an SAP Gold partner and information technology consulting firm founded in 1992. Akili is headquartered in the Dallas suburb of Irving, TX, with locations in Houston, TX and Denver, CO.

Akili delivers solutions for Fortune 1000 companies, with an Oil & Gas industry focus, in the areas of ERP (Including PRA, JVA, Asset Management), Enterprise Performance Management (including BPC), Business Analytics (Business Objects, Business Warehouse, Hana, Mobility, Data Services).

Akili’s 100% success rate spans 20+ years of precision of implementation design and trusted delivery of the best combination of technology and consulting.

For more information on Akili’s solutions and services, please visit www.akili.com or email info@akili.com.