Javier Cordero
President and Director General
Oracle Mexico
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View from the Top

Helping Utilities Develop Human Talent

Wed, 02/24/2016 - 17:03

Q: What role does the technology industry play in helping Mexico reach the goals it has set out to accomplish?

A: Oracle embodies an out-of-the-box mentality that furthers modernization and innovation, and it has a unique viewpoint regarding the Reforms. It has noted that these mandates demand a higher level of specialization in the market, which translates into capabilities, talent management, and human resources. In the past, IT had a generic application where information was simply stored in a database, but now the industry has migrated to applications that are tailored for specific uses. Oracle is a unique company that can offer this generalized application and individual solutions. The role of technology providers in the implementation of the Energy Reform is crucial, since the mandate is beginning to include new concepts such as data management, which is administered by the IT industry.

Q: What steps must CFE and PEMEX take in order to obtain the most qualified talent available, and how can Oracle help in this endeavor?

A: Companies must begin strategizing to obtain the best talent available at the right time in order to make their business goals a reality. The energy industry has been in the hands of CFE and PEMEX, and now new players have a serious drive to acquire the experienced talent. Who will be the supplier of said talent? CFE and PEMEX. These entities should be concerned with the possibility of brain drain. Both parastatals need a good talent inventory that allows them to track the capabilities and potential of workers. In addition, they must ensure that the salaries they offer are competitive in a market that did not previously exist. Talent management will be a key component in the successful implementation of the Energy Reform. Oracle has ingrained a series of concepts, such as Big Data and the Internet of Things (IoT), and this enables it to be the sole technology provider offering end-to-end solutions to the industry. There is a series of emerging technologies that will protect the human talent that, ultimately, will be the one to implement the Reforms. New economies are based on the Internet and social networks. For instance, we have a solution that seeks out social networks, such as LinkedIn and Twitter, and it maps human resources and profiles that match the needs of the industries and those of energy players.

Q: How are CFE and PEMEX changing their investment decisions in order to include new IT concepts?

A: Companies such as CFE and PEMEX have come to grips with the fact that achieving significant change in the industry has to be done through the inclusion of IT across all functions. The reason the US has transformed itself into a major energy player is due to the fact that it invested in technologies completely related to the IT industry. The IT sector allows the energy industry to make significant strides in the development of new processes and ways of doing business. PEMEX and CFE have noted that the only way to survive in the open market is through efficiency, and the industry that has this virtue at its core is IT. Our aim is to provide cost competitive end-to-end solutions that allow companies to operate with the highest levels of efficiency, while simultaneously promoting innovation within their management structure. Optimization of processes ranks highly on the list of priorities in the agenda of both CFE and PEMEX, and IT allows energy companies access to the many advantages that trends such as Big Data and IoT bring.

Q: What is the impact of trends such as the cloud, IoT, and Big Data on investment decisions carried out by utilities in the energy industry?

A: There are several trends governing the IT industry, and one of the drivers is simplification. In a way, the cloud reflects the revolution that service utilities brought to the markets 50 years ago. The cloud provides services on a massive scale, securely, and with advanced accessibility. All of Oracle’s solutions are on the cloud, and this way it can provide end-to-end solutions at a competitive cost and with the least amount of complexity. This is very alluring for energy companies that have many processes and operations within their businesses. For the cloud to exist there must be an interlocution between the brain and an unintelligent device, and the architecture is backed up by the Internet. Oracle was an important contributor, since nine out of ten devices use JAVA, a solution developed by Oracle. The world of the cloud makes it possible to gain access to services that work just as easily as electricity or water. The Big Data trend is occurring thanks to the vast amounts of information that is collected and analyzed, and this allows companies to identify patterns.