Oil & Gas and Chemicals
Technology Impacts On the Oil & Gas Industry
Increased global demand coupled with the rapid growth of emerging markets, such as China and India, are creating enormous challenges. At the same time, companies must gain access to existing reserves and find new ways to increase production levels. In order to accomplish that information technology (IT) must be viewed as an enabler of business success.
The Challenge
An increasingly industrialized world demands more oil, gas and chemical products. Yet political, social and environmental pressures limit access to many potential resources. To compete effectively, oil, gas and chemical companies need to overcome:
- Volume and price volatility
- Supply chain inefficiencies
- Infrastructure incompatibilities
- Unpredictable margins
- Asset mismanagement
- An aging workforce
- Compliance issues
The Answer
Your company must operate smoothly and efficiently to prevail over demand, cost and regulatory challenges. It's essential you have a partner that can align your technology investments with your business goals of growing reserves and increasing production. With more than 20 years of energy experience, EDS can help you by:
- Assisting with new site developments through faster equipment implementation and standardized process improvement
- Improving efficiency, productivity and communication by integrating systems and processes
- Providing real-time performance reporting and operational visibility
- Delivering supply-chain efficiencies and cost savings through improved communications, inventory management and economies of scale
- Increasing operational performance through improved knowledge sharing
- Reducing ramp-up time and training costs with standardized interfaces
We offer a variety of services that deliver superior performance and returns for companies like yours:
The Results
EDS has been helping companies perform at their best for more than three decades. Some of the largest oil, gas and chemical product companies in the world enjoy the operational and economic benefits we deliver:
- A major integrated oil company wanted to contain costs while reducing time to "first oil." We developed a process model and an applications portfolio for production operations that took full advantage of integration opportunities.
- An international energy company sought to reduce its payroll processing costs and update an old mainframe system. After upgrading the technology environment and implementing new HR software, the EDS team works with the company to continuously improve its business processes.
- The global procurement group of a multinational oil and gas company asked us to help them realize a 20 percent reduction in direct and indirect spend. Our solution set new standards for the oil and gas industry.
- See our complete list of services
- Read our Oil & Gas and Chemicals case studies
- Download the Oil & Gas Fact Sheet PDF, 82K
Oil & Gas and Chemicals Industry Contact Information
Vice President of Global and U.S. Energy Industry: William Malone
William Malone is the vice president of Global and U.S. Energy Industry. He is responsible for developing and driving a global energy strategy that will help clients redefine their business and IT strategies with innovative solutions that increase agility, reduce fixed operational costs and provide end-to-end data management. Malone has more than 26 years experience in sales and marketing, building strategic relationships and helping to create winning solutions to complex issues.
For more information about what EDS can do for you, submit a business inquiry.
Energy Industry
Behind the success of oil & gas companies and utilities providers is an ally, EDS. Helping overcome rising operating costs, improve asset productivity and transform their IT strategies to reduce risk, EDS empowers them to keep the world running.