Quotes: US MENA   Enter Symbol: NewsLetter: Search: advanced

Accenture and SAP Expand Industry Focused Joint Solutions to Help Oil and Gas Companies Improve Upstream Operations  Join our daily free Newsletter

MENAFN Press - 23/03/2014
No. of Ratings : 0
Add to Mixx!



(MENAFN Press) Accenture (NYSE: ACN) announced plans with SAP AG (NYSE: SAP) to deliver joint new offerings, based on the SAP HANA platform, called "Upstream Production Operations," to help oil and gas companies improve and standardize processes, replace legacy tools, provide a single view of production across the organization, minimize uncertainty and improve the management of production.



Extending the existing relationship between the two companies and expanding their portfolio of hydrocarbon management solutions, "Upstream Production Operations by Accenture and SAP" will consist of solutions, services and training for energy companies' production operations.



As part of the program, Accenture and SAP will provide an end-to-end solution “ from the well head to the invoice “which will include key processes such as production forecasting, field data capture, production accounting and deferment management. Using SAP's leading software platform as the backbone, Accenture will provide consulting, systems integration and outsourcing services.



"Building on our existing success with SAP, these new upstream production operations solutions are designed to fill a significant void in today's upstream market," said Omar Boulos, Country Managing Director, Accenture Middle East. "Our goal is to help our clients focus on improving their operations from the initial phase of production to the point of sales by optimizing energy companies' investment in upstream assets."



Chakib Bouhdary, executive vice president, Industry Solutions, SAP, said: "Combining Accenture's significant domain expertise in operations with SAP's innovative IT solutions will create a variety of new upstream go-to-market offerings that don't exist in the industry today. We believe this will change the game in helping our customers meet their production goals."



'Upstream Production Operations by Accenture and SAP' will run on the SAP HANA platform, providing oil and gas companies with integrated views of high volumes of complex data in real-time. It is the next in a range of industry and functional solutions by Accenture and SAP running on the SAP HANA platform. Just recently, both companies have launched a marketing performance solution on SAP HANA for Chief Marketing Officers.


About Accenture
Accenture is a global management consulting, technology services and outsourcing company, with approximately 281,000 people serving clients in more than 120 countries. Combining unparalleled experience, comprehensive capabilities across all industries and business functions, and extensive research on the world's most successful companies, Accenture collaborates with clients to help them become high-performance businesses and governments. The company generated net revenues of US28.6 billion for the fiscal year ended Aug. 31, 2013. Its home page is www.accenture.com

 


MENAFN Press




  MENA News Headlines
 Nov 1 2014 - Saudi- Trooper ambush suspect in court after long manhuntArab News
(MENAFN - Arab News) MILFORD Pennsylvania: Onlookers shouted 'Are you sorry' and 'Why did you do it' as state troopers led a suspect in a fatal police barracks ambush from his first court appearance ...

 Nov 1 2014 - Saudi- US judge rejects Ebola quarantine for nurseArab News
(MENAFN - Arab News) FORT KENT: A nurse who defied an Ebola quarantine in the state of Maine after treating patients in West Africa can travel unrestricted after a judge rejected the state's bid to ...

 Nov 1 2014 - Bombs at marketplaces near Baghdad kill 9 peopleArab News
(MENAFN - Arab News) BAGHDAD: Iraqi officials say bombs have struck marketplaces near Baghdad killing at least nine people.One bomb went off at a sheep market in the Iraqi capital's western suburb of ...

 Nov 1 2014 - Only men over 50 pray at Aqsa mosque amid tight securityArab News
(MENAFN - Arab News) JERUSALEM: Muslim men over 50 prayed at the Aqsa mosque in Jerusalem's Old City on Friday amid intense security a day after Israel closed all access to the sacred compound for ...

 Nov 1 2014 - Airstrikes hit Kobani ahead of entry by Kurdish forcesArab News
(MENAFN - Arab News) SURUC Turkey: US-led airstrikes hit Islamic State positions around the Syrian border town of Kobani on Friday in an apparent bid to pave the way for heavily-armed Kurdish ...

 Nov 1 2014 - Saudi- Mindshare celebrates 15th anniversaryArab News
(MENAFN - Arab News) Mindshare which is part of WPP is a global media agency network helping clients to make collaborative and adaptive decisions across their paid owned and earned marketing in ...

 Nov 1 2014 - MoH opens two women's health screening clinics at Riyadh mallsArab News
(MENAFN - Arab News) The Ministry of Health (MoH) is marking Breast Cancer Awareness Month in October with the launch of two new women's health screening clinics in Al Hayat Mall and Panorama Mall in ...

 Nov 1 2014 - Saudi- SABIC resin makes success in making windows for ultra-lightweight electric carArab News
(MENAFN - Arab News) A Saudi Basic Industries Corporation (SABIC)-made resin has been successfully used in making the windows of a new ultra-lightweight electric car concept developed by BMW-led ...

 Nov 1 2014 - Saudi- Johnson Window Films releases new window productsArab News
(MENAFN - Arab News) Recently Johnson Window Films began sales of new improved versions of energy-saving window film for both cars and buildings with solar control and heat insulation properties.The ...

 Nov 1 2014 - Etihad Airways to operate third daily Mumbai New Delhi flightsArab News
(MENAFN - Arab News) Etihad Airways the national airline of the UAE has announced that Mumbai and New Delhi will become its first destinations in India to be served with triple-daily flights ...

more...


 






Google

 
 

Middle East North Africa - Financial Network

MENAFN News Market Data Countries Tools Section  
 

Middle East North Africa - Financial Network
Arabic MENAFN

Main News
News By Industry
News By Country

IPO News
Islamic Finance News
Private Equity News

How-To Guides
Technology Section

Travel Section

Search News

Market Indices
Quotes & Charts

Global Indices
Arab Indices

US Markets Details

Commodoties

Oil & Energy

Currencies Cross Rates
Currencies Updates
Currency Converter

USA Stocks
Arab Stocks
 

Algeria 
Bahrain 
Egypt 
Iraq
Jordan 
Kuwait 
Lebanon
Morocco 
Oman 
Palestine
Qatar 
Saudi Arabia 
Syria
Tunisia 
UAE 
Yemen

Weather
Investment Game
Economic Calendar
Financial Glossary

My MENAFN
Portfolio Tracker

Voting

Financial Calculators

RSS Feeds [XML]

Corporate Monitor

Events

Real Estate
Submit Your Property

Arab Research
Buy a Research

Press Releases
Submit your PR

Join Newsletters


 
© 2000 menafn.com All Rights Reserved.  Terms of Service | Privacy Policy | Contact Us | Advertise | About MENAFN | Career Opportunities | Feedback | Help