We are at the dawn of the next monumental technology change, where everything is connected, and software is embedded in our lives. This technology change is bringing new opportunities and new threats. Cycle time for innovation is 5 to 10 times faster, and oil and gas companies can compete only if they reduce complexity, reinvent business, and use data as the fuel for value creation for customers and shareholders. The Intelligent Enterprise builds upon the promise of digital transformation by applying data-driven intelligence to power automated actions and decisions based on superior insights. With SAP S/4HANA®, your oil and gas company can now enable your digital enterprise and drive this value creation.
With the current ERP system, there is less integration of mechanical, civil, and electrical disciplines in the end-to-end design process. Whereas with SAP S/4HANA, there is a single multidisciplinary project management and definition enterprise-wide, reducing planning errors and improving project lifecycle management which helps in the optimization of overall project management costs.
With SAP S/4HANA, real-time inventory planning workbench is on SAP HANA with ease-of-use UX and enhanced simulations for schedulers. The new and improved UX can be enabled by triggering a Web-based transaction through SAP Fiori® launchpad. Due to these factors, there is a scope for higher refining and sales margins, reduction in capital expenditures, reduced time to service, and fewer order entry errors through automation.