Abstract: Many oil and gas industry suppliers chose enterprise software prior to 1999, when software designed to meet the needs of the oil and gas industry didn’t exist. This affects the efficiency of these companies—and will prevent them from pursuing new revenue streams in the future. However, project-enabled solutions can now cater to the oil and gas industry’s needs, helping you adjust to current market demands. Learn more.

Abstract: High-tech and electronics, chemical, and oil and gas industries each have their fair share of regulatory requirements to meet, and an increasing number include environmental directives. Enterprise applications designed to meet their distinct needs should help pave the way to compliance.

Abstract: Simply visit tec's eam comparison reports to compare ifs eam for oil and gas against two other eam solutions of your choice.

Abstract: The history of the oil and gas industry is one of meeting relentless changes and overcoming obstacles. Traders are expanding into emerging markets in remote locations with high energy consumption demands. The complexities of meeting those demands has compounded the need to drive profitability with accurate forecasting, risk mitigation, and increased integration and visibility up and down the value chain.

Abstract: Managing growth is a monumental undertaking—and one that Valero Energy Corporation has mastered. But as one of the largest oil refinery companies in North America, with revenues exceeding $90 billion (USD), the company needed to find a way to fit new applications into its existing infrastructure in a quick and cost-effective manner. By switching to SAP’s NetWeaver platform, Valero saved $480,000 (USD) in the first month.

Abstract: Asset management maven iVita announced both its newest software release, Commander 3.0, and a partnership with wireless specialist PinPoint. PinPoint’s wireless technology will tell iVita where a company’s capital assets are. iVita will tell the company what to do with them.

Abstract: When Katrina hit in 2005, Murphy was among the many companies impacted by the devastation. Although its servers sustained no physical damage, they were inaccessible, and Murphy could not reach or use its data until the waters receded and the servers were moved. After retrieving the servers from New Orleans (US), the company went directly to Virtuozzo for an evaluation.

Abstract: On the heels of its win at Equilon, SCT Corporation recently secured another high-profile contract in the petroleum products sector with Valvoline, the $1.1 billion lube oil division of Ashland Inc.

Abstract: For over a decade, SAP has offered industry-specific applications, starting with oil and gas and utilities solutions. Media, insurance, chemicals, banking, and public sector offerings have followed, highlighting SAP's lesser-known side as a market-oriented provider of industry-tailored solutions.

Abstract: ERP vendor SCT Corp. recently sold its Fygir Demand Planning product to Equilon, a joint refining venture of Shell Oil and Texaco that had signed Aspen Technology’s largest deal for its PIMS™ planning and scheduling software.

Abstract: Fuel marketers and distributors must act quickly to keep up with the volatile marketplace. Margins are narrow and fuel prices fluctuate constantly—and at the same time, you must coordinate a fast-paced replenishment cycle. To optimize the efficiency of your processes and improve the accuracy of your forecasts, there’s an oil and gas software solution that offers automated functionality for invoicing and billing, and more.

Abstract: Oil company Energen wrestles with volatile energy prices and their effect on operations. Energen’s key challenges included reducing operating costs and improving efficiency. Many tasks related to plant maintenance and purchasing were done manually—both cumbersome and limited in analysis abilities. After an enterprise resource planning (ERP) implementation, Energen has a system that is integrated and automated. Learn more.

Abstract: Oil and gas industry leader MODEC was already using Microsoft Dynamics SL for core financial activities. But as the company faced rapid growth, it began to look at how the technology could be used to improve other vital business processes. Discover how MODEC worked with the NexTec Group to hone those processes, identify areas for improvement, and propose and direct the technology initiatives to effect the needed changes.

Abstract: Process industries (chemicals, food and beverage, oil and gas, etc.) face rising manufacturing and logistics costs. And they’re finding that the old strategies for cost containment no longer pack the same punch. Some surveys show that 75 percent of all respondents are redesigning their supply chains to keep these costs in check. Are you one of them? No? You’ve got a lot of catching up to do—and very little time to do it.

Abstract: Companies are going global because the risk of not doing so greatly outweighs the comfort that staying domestic brings. According to a World Trade Organization (WTO) report issued in October 2004, 'Despite the rise in oil prices the volume of world trade is likely to grow by 8.5% in real terms by the end of 2004.' The liberalization of trade, the reduction of tariffs, the elimination of quotas, the continued rise in China as an industrial force, and the rise of outsourcing as a cost reduction opportunity, all create an environment that is full of opportunity and fraught with hazards. The ability to effectively manage global commerce will be a key strategic competitive differentiator. Global commerce management (GCM) is what is required by companies to win in this tougher, more competitive environment.

Abstract: Many large organizations today survive and are even successful without the aid of computerized maintenance management systems (CMMS). Those who would argue the point are CMMS users, sellers, or developers. But some that have purchased a CMMS wish they had never even heard of the acronym. Do you know what steps you need to take in order to make sure a CMMS disaster doesn’t happen to you?

Abstract: Application Service Provision (ASP).There has been a trend in recent years towards the use of remote software services through application service providers. These are companies who make software applications available via the Internet to users who, rather than buying software, pay rental fees for it. The software does not have to be installed locally, the application being available through any web browser, and all support and maintenance is handled by the service provider. CMMS vendors are not the only ones offering these solutions. CAD modelling, engineering design, finance packages, purchasing, ERP and even your company Intranet can now be rented. This is an expanding sector and the signs are that major growth is about to take place. Earlier problems with slow data transfer speeds, communication costs and data security have largely been eliminated and this has made ASP a very attractive proposition. This is clearly illustrated by the proliferation of systems that have become available over the last three or four years with most of the major CMMS vendors now offering an ASP option.

Abstract: As you look for ways to get the most out of your existing operating assets, enterprise asset management (EAM) and computerized maintenance management system (CMMS) solutions are key. However, when it comes to researching, selecting, and implementing the right EAM/CMMS software, you need to avoid several mistakes. Discover 10 common errors you should avoid if you’re looking for a new or replacement EAM or CMMS solution.