WALLDORF, Germany and
NEW YORK, March 20, 2020 /PRNewswire/ -- SAP SE
(NYSE: SAP) and Accenture (NYSE: ACN) launched a co-developed
solution for upstream oil and gas companies based on SAP S/4HANA®
Cloud. Using intelligent technologies such as artificial
intelligence (AI), the SAP S/4HANA Cloud solution for upstream oil
and gas helps customers to further increase visibility into
operations and cash flow. Additionally, the solution includes
contributions from leading global oil and gas companies such as
ConocoPhillips and Shell.
"Working together with Accenture and a consortium of industry
leaders, we have delivered an industry-defined intelligent solution
that has the capabilities upstream oil and gas companies need to
reduce complexity by using market standards," said Benjamin Beberness, SAP global vice president of
the Oil and Gas Business Unit. "SAP S/4HANA Cloud for upstream oil
and gas is a flexible and agile solution that can provide customers
a 360-degree view of the intelligent enterprise — from operations
to the boardroom, enabling operational excellence."
Now generally available globally, SAP S/4HANA Cloud for upstream
oil and gas is a scalable solution that can help oil and gas
companies reduce total cost of ownership and operational costs, as
well as create new revenue opportunities. Tools for preconfigured,
integrated and user-friendly business processes are included so
that companies can shrink implementation time while working to
reduce risk of business disruption. The solution delivers new
industry standards that help simplify operations and free up
resources to drive more business value.
To define market-standard end-to-end processes that are
preconfigured within the solution, SAP and Accenture are working
with a consortium comprised of leading exploration and production
companies including BP, Chevron, ConocoPhillips, Equinor and
Shell.
"ConocoPhillips collaborated with SAP and Accenture for more
than two years to launch this solution, based on a flexible cloud
architecture that can scale and deliver real-time insights into oil
and gas upstream processes," said Mike
Pfister, CIO, ConocoPhillips.
"This release represents an important milestone demonstrating
the impact of our ongoing collaboration," said Scott Wahl, CIO Upstream, Shell. "We look
forward to continuing to work together to deliver a mature solution
that creates business value for the upstream oil and gas
industry."
"SAP and Accenture are delivering a solution that brings in
innovative technologies like AI to deliver real-time insights,
greater visibility and better decision-making," said Jan van den
Bremen, a senior managing director
and lead for Accenture Intelligent Platform Services in
Europe. "We are proud to be the
only SAP co-development partner working side by side to deliver
leading oil and gas industry solutions. We've worked with SAP and
leaders in the oil and gas industry to co-develop a solution that
helps enable faster adoption of new technologies to better manage
changing market conditions."
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About Accenture
Accenture is a leading global
professional services company, providing a broad range of services
and solutions in strategy, consulting, digital, technology and
operations. Combining unmatched experience and specialized skills
across more than 40 industries and all business functions —
underpinned by the world's largest delivery network — Accenture
works at the intersection of business and technology to help
clients improve their performance and create sustainable value for
their stakeholders. With 505,000 people serving clients in more
than 120 countries, Accenture drives innovation to improve the way
the world works and lives. Visit us at www.accenture.com.
About SAP
As the Experience Company powered by the
Intelligent Enterprise, SAP is the market leader in enterprise
application software, helping companies of all sizes and in all
industries run at their best: 77% of the world's transaction
revenue touches an SAP® system. Our machine learning, Internet of
Things (IoT), and advanced analytics technologies help turn
customers' businesses into intelligent enterprises. SAP helps give
people and organizations deep business insight and fosters
collaboration that helps them stay ahead of their competition. We
simplify technology for companies so they can consume our software
the way they want – without disruption. Our end-to-end suite of
applications and services enables more than 440,000 business and
public customers to operate profitably, adapt continuously, and
make a difference. With a global network of customers, partners,
employees, and thought leaders, SAP helps the world run better and
improve people's lives. For more information, visit
www.sap.com.
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