INTELLIGENT WORKFLOWS
“ I am excited that data and analytics is a true partner to our businesses at BP ”
FRANZISKA BELL SVP , DIGITAL TECHNOLOGY , BP
Skyrocketing costs are a persistent challenge in Oil & Gas sector OpenText optimises asset maintenance and manages critical information and operations within the Oil & Gas sector . Companies in upstream oil and gas production , midstream transportation and downstream refining operate in a highly regulated , constantly evolving environment .
With ongoing challenges , such as fluctuating oil prices , mergers and acquisitions and data silos , OpenText helps rein in costs , improve decisionmaking and uptime , and achieve desired ROI through peak operational excellence and profitability .
Phil Schwarz , Industry Strategist for Energy & Utilities , OpenText , reiterated that “ the energy and utilities industry has faced huge volatility in the last 18 months ”.
“ As a result , companies are working hard to extend the life of existing assets and deploy new ones on time and within budget while keeping risks as low as possible .”
In his mind , intelligent automation is key to helping the entire industrial process industry become more adaptable . This is especially true for the utilities sector .
“ To transform into a smart and augmented utility company , organisations should focus on enabling their customers to transition to sustainable energy
114 August 2022