Accenture works with SAP on oil and gas operational solutions
Nov 19, 2012 (TELECOMWORLDWIRE via COMTEX) --
Accenture (NYSE: ACN) said it is working with SAP AG (NYSE: SAP) to help global oil and gas companies improve their operational performance and increase efficiencies with upstream solutions.
Accenture and SAP will work closely with these companies to extend the current capabilities of SAP solutions by integrating operational functions that span engineering, production, maintenance, finance, and environment, health and safety .
"Accenture and SAP have enjoyed a strong relationship for decades, developing customized solutions to help oil and gas companies improve their operations," said Sam Paul, managing director of Accenture's energy industry group in North America. "Whether it's integrating key upstream processes or capitalizing on business analytics or mobility, based on SAP technology, Accenture is focused on providing innovative solutions that help its clients become high-performance businesses."
Cooperation between Accenture and SAP will be centered initially on leveraging SAP applications, including SAP Upstream Operations Management and SAP Production and Revenue Accounting, to address the needs of integrated digital oilfield operations.
Accenture will leverage Accenture Advanced Enterprise Solution to deliver SAP solutions that are custom built for oil and gas upstream operations. AAES links Accenture's industry insights and experience into a set of leading practices, processes and technologies that is packaged for rapid deployment and provides more predictable, high quality results. The objective is to help these companies take immediate advantage of new innovations, such as analytics, mobility, in-memory and database technology, including the SAP HANA platform.
Accenture is a global management consulting, technology services and outsourcing company, with 257,000 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 $27.9 billion for the fiscal year ended Aug. 31, 2012. Its home page is www.accenture.com.
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