HOUSTON—Big Data in the Oil and Gas sector just got a lot bigger.
Management and technology services firm Accenture has combined forces with SAP AG to better tailor the business backplane for upstream oil and gas applications.
Accenture and SAP will work closely with these companies to extend the current capabilities of SAP solutions by integrating operational functions that span engineering, production, maintenance, finance, and environment, health and safety (EH&S).
“Accenture and SAP have enjoyed a strong relationship for decades, developing customized solutions to help oil and gas companies improve their operations,” said Sam Paul, managing director of Accenture’s energy industry group in North America. “Whether it’s integrating key upstream processes or capitalizing on business analytics or mobility, based on SAP technology, Accenture is focused on providing innovative solutions that help its clients become high-performance businesses.”
Initiall, Accenture will leverage existing SAP applications, including SAP Upstream Operations Management and SAP Production and Revenue Accounting, to address the needs of integrated digital oilfield operations.
Accenture’s Advanced Enterprise Solution (AAES) will deliver custom built SAP solutions for oil and gas upstream operations to take immediate advantage of innovations in analytics, mobility, in-memory and database technology.
“Today, many decisions and processes of global oil and gas companies are located in isolated silos across the organization,” said Michael Wendell, head, Industry Business Solutions, SAP. “For example, revenue processes may be held in one system, cost processes in another, root-cause analysis in yet another.
This will help oil and gas companies to better understand the true impact on operations, helping deliver more value to upstream operations.”
SAP and Accenture have already deployed SAP applications and SAP analytics and mobility solutions that showcase a complete, end-to-end “day-in-the-life” scenario for upstream oil and gas operations.
Accenture will also work with SAP to incorporate global requirements and new functionality into the SAP solutions, building out a fully global hydrocarbon solution for upstream oil and gas.