Companies in upstream oil and gas production, midstream transportation and downstream refining operate in a highly regulated, constantly evolving environment. Ongoing challenges, such as fluctuating oil prices, mergers and acquisitions and data silos, hamper operational excellence and profitability. Oil and Gas solutions help rein in costs, improve decision-making and uptime and achieve desired ROI.
Cloud adoption is accelerating as companies strive to break down information silos and ensure team members and suppliers have the right information at the right time.
In order to fuel collaboration and productivity, content services are increasingly being integrated with core business applications, such as ERP, EAM and HRIS.
Artificial intelligence use to advance problem solving and decision-making continues to grow, with 50% of oil and gas organizations already using AI.
Organizations are focusing on eliminating manual, paper-based order, field ticket and invoice processes to reduce risk.
To increase uptime, there are increasing investments in asset optimization.
There is a critical and sustained need to provide remote workers secure access to information to keep operations running.