SIS Oil and Gas Solution

The oil and gas industry operates in a rapidly changing environment based on fluctuating supply and demand, changes to different governments’ regulations, and ever-changing commodity prices. Understanding and responding to these obstacles is essential to the success of the industry. However, many oil and gas companies continue to utilize the traditional systems and procedures for pulling data from disparate systems, sometimes manually. This method requires a staging and batch approach to retrieve even the most routine data, significantly increasing both time and cost while introducing error.

SIS can implement a solution that builds on existing systems while providing the features of an enterprise reporting system. SIS utilizes IBM Cognos BI and TM1, which allows oil and gas companies to achieve success through:

• Ease of data compiling, abstraction, and reporting, in compliance with governmental regulations;
• Adapting quickly to changing market constraints and regulations;
• Slicing-and-dicing functionality that provides real time data access to support decision-making;
• Increasing the types of data analytics, improving data quality and accuracy, and maximizing data on production and distribution to more quickly respond to market changes;
• Automated systems that reduce the manual processes of collecting and managing data;
• Utilizing dashboard and reporting technology to increase visibility on a self-determined basis.

For more information, please refer to our Success Stories and see how SIS has help companies gain a competitive advantage.