Quotes: 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 opeations 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
 May 25 2016 - PAAFR, FAO to execute key projects in KuwaitKuwait News Agency (KUNA)
(MENAFN - Kuwait News Agency (KUNA)) KUWAIT, May 25 (KUNA) -- The Public Authority of Agriculture Affairs and Fish Resources (PAAFR) have signed agreements with the Food and Agriculture Organization ...

 May 25 2016 - Kuwaiti oil price down 33 cents to USD41.78 pbKuwait News Agency (KUNA)
(MENAFN - Kuwait News Agency (KUNA)) KUWAIT, May 25 (KUNA) -- The price for Kuwaiti oil went down 33 cents on Tuesday to settle at USD 41.78 per barrel (pb) after being at USD 42.11 pb last Monday, ...

 May 25 2016 - Tunisia keen on promoting social development cooperation with Kuwait - Min. Bin RamadhanKuwait News Agency (KUNA)
(MENAFN - Kuwait News Agency (KUNA)) By Khaled Jabbar TUNIS, May 25 (KUNA) -- Tunisia is working with Kuwait on promoting a solid cooperation on social development while a relevant memorandum of ...

 May 25 2016 - Kuwait's youth inspired by Japan's manufacturing innovation, entrepreneurshipKuwait News Agency (KUNA)
(MENAFN - Kuwait News Agency (KUNA)) By Miyoko Ishigami OSAKA, Japan, May 25 (KUNA) -- Young manufacturing professionals from Kuwait led by Dr. Souhaila Al-Muttawa, faculty member of the ...

 May 25 2016 - Eurozone agrees to release next bailout funding for GreeceKuwait News Agency (KUNA)
(MENAFN - Kuwait News Agency (KUNA)) BRUSSELS, May 25 (KUNA) -- Finance ministers of the 19-member Eurogrpup have agreed to unlock the next tranche of bailout to Greece, worth EUR 10.3 billion, after ...

 May 25 2016 - Kuwait protects environment with strict laws - Min. Al-OmairKuwait News Agency (KUNA)
(MENAFN - Kuwait News Agency (KUNA)) KUWAIT, May 25 (KUNA) -- Kuwait is taking serious measures to protect the environment and natural resources, said Minister of Public Works and Minister of ...

 May 25 2016 - Kuwait crude oil exports to S. Korea down 2.5 pctKuwait News Agency (KUNA)
(MENAFN - Kuwait News Agency (KUNA)) TOKYO, May 25 (KUNA) -- Kuwait's crude oil exports to South Korea in April fell 2.5 percent from a year earlier to 9.88 million barrels, or 329,000 barrels per ...

 May 25 2016 - Kuwait's nat'l security apparatus chief meets Chechen Pres.Kuwait News Agency (KUNA)
(MENAFN - Kuwait News Agency (KUNA)) MOSCOW, May 25 (KUNA) -- Chief of Kuwait's National Security Apparatus Sheikh Thamer Ali Sabah Al-Salem Al-Sabah met with Chechen President Ramzan Kadyrov in ...

 May 25 2016 - Saudi's Vision 2030 repositions its economic situationMENAFN
(MENAFN) Saudi Arabia plans to overcome its relaince on oil and integrate its economy and markets on an international scale, in order to attract more foreign investors.Moreover, Vision 2030 will ...

 May 25 2016 - Saudi, Egypt agree on USD 3.6bn property projectMENAFN
(MENAFN) The USD 3.6bn Mountain View iCity was proclaimed, Egypt's biggest next project which is a joint venture between Egypt and Saudi Arabia.Furthermore, the project reaffirms the confidence ...

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

Islamic Finance News
Private Equity News

How-To Guides
Technology Section

Travel Section

Search News

Market Indices
Quotes & Charts

Global Indices
Arab Indices

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
Economic Calendar
Financial Glossary


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


 
© 2014 menafn.com All Rights Reserved.  Terms of Service | Privacy Policy | Contact Us | Advertise | About MENAFN | Career Opportunities | Feedback | Help