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Software Functionality Revealed in Detail
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 oil and gas industry trends


Selecting ERP for Oil and Gas Industry Contractors and Vendors
Suppliers to the oil and gas industry are under more pressure than ever before to increase quality, collaborate closely with the customer, and take on more

oil and gas industry trends  ERP for Oil and Gas Industry Contractors and Vendors IFS Applications gives suppliers to the oil & gas industry an integrated standard solution designed for discrete manufacturers of oil & gas equipment. With the complete product and project lifecycle in focus, from design and mixed-mode manufacturing to after-sales support, IFS Applications helps you manage all the business-critical processes within your enterprise and global organization. Source: IFS Resources Related to Selecting ERP for Oil

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Software Functionality Revealed in Detail

We’ve opened the hood on every major category of enterprise software. Learn about thousands of features and functions, and how enterprise software really works.

Get free sample report
Compare Software Solutions

Visit the TEC store to compare leading software by functionality, so that you can make accurate and informed software purchasing decisions.

Compare Now

ERP for the Oil and Gas Industry (Upstream)

The model of ERP systems for the upstream oil and gas sector addresses the particularly specialized business model of this industry. It is common practice for companies, individuals, and government agencies to form partnerships to explore, develop, and share production of oil wells. More often than not, this is a short-term alliance rather than a long-term partnership, and business structuring must therefore be flexible at initial set-up and throughout the lifespan of the venture. This model of ERP systems includes criteria for financials, human resources, production data capture and reporting, maintenance management, and supply chain management (SCM) functionality. 

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Documents related to » oil and gas industry trends

IFS To Be At Customers' (Web) Service Part 2: Market Impact & User Recommendations


Look for IFS’ increased visibility within its market segments of focus, as shown by its continued growth. The company with its broadened product offering and anticipation of recent market trends, is now in the rear mirror of Tier 1 vendors.

oil and gas industry trends  transmission, power distribution, automation, oil, gas, petrochemicals, and building technologies. Another good example of IFS' plans to expand its comprehensive enterprise applications suite through internal development programs and strategic partnerships with leading suppliers would be an alliance with PipeChain , a supply chain execution (SCE) vendor primarily in the batch process manufacturing industry (see PipeChain Adds Pragmatism Onto Simplicity ). IFS might also expand its presence in the world Read More

Getting It Right: ERP Solutions for Mixed-mode Manufacturers


Falling somewhere between discrete and process manufacturing, mixed-mode manufacturers haven’t always been well served by traditional discrete or process enterprise resource planning solutions. But that’s changing now, as mixed-mode manufacturers finally have access to solutions that truly address their needs.

oil and gas industry trends  adhesive manufacturers   oil and gas fields   pool chemicals   cleaning products and solvents   pharmaceutical   food and beverage   biotechnology Table 1. Discrete and process manufacturing sectors. The Trouble with Traditional Discrete and Process ERP Systems Because mixed-mode manufacturers fall somewhere in between discrete and process manufacturing, ERP systems geared solely toward one type or the other often fail to support key mixed-mode manufacturing processes, resulting in decreased Read More

SignalDemand: Dealing with Supply- and Demand-side Pricing Matters - Part 2


Part 1 of this blog series described the conundrum that commodity-based manufacturers encounter when it comes to determining the best price, production mix, and volumes. It also introduced SignalDemand, Inc., which applies math and science to the problem of price and margin optimization software for large-scale manufacturers. SignalDemand stands alone as the only provider of price management

oil and gas industry trends  would be chemicals , oil and gas, high-tech, metal centers , and industrial manufacturing. But although the ability to use pricing applications to profitably match supply to demand (while taking costs, on-hand inventory, and capacity into consideration) is a critical need across all those verticals, penetrating a new vertical is not an easy task. It requires a deep domain expertise to develop viable proofs of concept for first customers, an intimate knowledge of industry-oriented pricing and Read More

IFS Glows Amidst The Mid-Market Gloom


By continuing to grow faster than many others, and by even reverting to profits, IFS has been defending the pride of quite beleaguered Tier 2 & 3 applications vendors. However, the bigger vendors will sell their aspirations dearly, and IFS still has a long way to go to achieve full-fledged credibility in the global market.

oil and gas industry trends  transmission, power distribution, automation, oil, gas, petrochemicals, and building technologies. Greater shift of focus on its still relatively undeveloped indirect channel, which has been a major success factor for some companies in the mid-market, and which will be executed through a number of announced market/industry-based partnerships, could remedy IFS' predicament in the long run. User Recommendations The challenges aside, look for a vigorous IFS participation in many future software selection Read More

TEC Industry Watch: Enterprise Software News for the Week of August 20, 2012


SOFTWARE SELECTIONS and GO-LIVESAgricultural equipment manufacturer selects Abas ERPIndustry tags: manufacturing “Canadian company Cadman Power Equipment Ltd., a manufacturer of special agricultural machinery and irrigation equipment has conducted an ERP selection project, and ERP from abas Business Software emerges the winner of this competition. The company was looking for a system as a single

oil and gas industry trends  Industry Watch: Enterprise Software News for the Week of August 20, 2012 SOFTWARE SELECTIONS and GO-LIVES Agricultural equipment manufacturer selects Abas ERP Industry tags: manufacturing “Canadian company Cadman Power Equipment Ltd., a manufacturer of special agricultural machinery and irrigation equipment has conducted an ERP selection project, and ERP from abas Business Software emerges the winner of this competition. The company was looking for a system as a single ERP package, without having to Read More

Top 5 Trends in HR Technology


Recession or not, innovation in HR technology continues to grow—altering the way people work. While there are many new solutions available, here are a few that we’ll be seeing more of in the year ahead.

oil and gas industry trends  5 Trends in HR Technology Over the last decade, the face of human resources (HR) has changed dramatically. What was once a seemingly low-priority department has now become an integral part the organization—and its bottom line. Today, HR is all about the understanding that maintaining a positive and productive work environment is good for business. Accomplishing this more-than-ideal scenario can seem difficult because many organizations don't understand what is required. So, how can today's businesses Read More

TEC Industry Watch: Enterprise Software News for the Week of August 6, 2012


SOFTWARE SELECTIONSAccuride Corporation selects cloud-based Plex Online ERPIndustry tags: Manufacturing "This Indiana-based automotive components manufacturer and supplier has performed a significant multi-year ERP software evaluation and selection project, resulting in the selection of the cloud-based ERP system from Plex Systems. A single application is to replace seven separate ERP systems, or

oil and gas industry trends  ERP solution Industry tags: Oil and Gas It is no surprise that IFS has won the software selection competition for this Canadian pipelines operator that delivers petroleum products to major cities in Ontario and Quebec. A decent range of functionality, embedded flexibility, and ease of use are the characteristic features of this project-based software. Trans-Northern Pipelines’ selection was no exception: strong knowledge of the industry, deep functionality, and the availability of a single integrated Read More

IFS Applications (version 8.0) for ERP for the Oil and Gas Industry (Upstream) Certification Report


IFS Applications (v. 8.0) is TEC Certified for online evaluation of enterprise resource planning (ERP) solutions for oil and gas industry (upstream) in the ERP Evaluation Center. The certification seal is a valuable indicator for organizations relying on the integrity of TEC research for assistance with their software selection projects. Download this report for product highlights, competitive analysis, product analysis, and in-depth analyst commentary.

oil and gas industry trends  for ERP for the Oil and Gas Industry (Upstream) Certification Report IFS Applications (v. 8.0) is TEC Certified for online evaluation of enterprise resource planning (ERP) solutions for oil and gas industry (upstream) in the ERP Evaluation Center. The certification seal is a valuable indicator for organizations relying on the integrity of TEC research for assistance with their software selection projects. Download this report for product highlights, competitive analysis, product analysis, and in-depth Read More

Intel Server Trends


The Intel-based server market is one of the most hotly contested segments in the industry. What are the key trends in this market, and what will they mean to users, vendors, and the products themselves?

oil and gas industry trends  Server Trends Intel Server Trends R. Krause - May 9, 2000 Introduction: The product space being examined is Intel-based servers (still known as PC servers in some areas). In this note, we will examine how five key trends affect users, vendors, and the product(s). In the Intel-based server market, there are five trends of note: Market consolidation Consolidation of servers within a company Focused functionality, e.g., server appliances Movement toward Linux/Linux vs. NT Stratification/segmentation Read More

Technical Staff Management Systems for the Aviation Industry


In the airline industry, aircraft maintenance is an activity that has to be done throughout the day, so maintenance personnel must be available at all times. The complexity of the operation increases the need for a maintenance personnel management system.

oil and gas industry trends  Staff Management Systems for the Aviation Industry Introduction In the airline industry, the every day activities of fleet maintenance can be divided into two large areas: scheduled maintenance (or major maintenance) and line maintenance. In scheduled maintenance, personnel management is not as complicated as in line maintenance. Traditionally, scheduled maintenance has a fixed number of days to perform maintenance activities, while line maintenance only has a few hours at night and often a few Read More

Mining Industry (ERP & CMMS)




oil and gas industry trends   Read More

IT Trends Lead SAP to More Precise Customer Experience Offering


Many enterprise software events that I have recently attended have discussed the intersection of the following forces and IT trends: cloud computing, the benefits and caveats of which have been talked about ad nauseam, but the major premise is remote access for users via a mere Internet connection the so-called big data explosion in terms of volume, variety, and velocity (thus sometimes even

oil and gas industry trends  products, transportation, banking, and oil and gas—that want to get closer to customers and engage in personalized marketing. For example, a casino/resort’s vision is to track everything about guests, from their gambling history of wins and losses to their preferences in restaurants and entertainment, and use that to build personalized experiences on the fly. By capturing the flow of data and responding to events in real time, the technology can provide a resort’s marketing team with the ability to Read More

TEC Industry Watch: Enterprise Software News for the Week of April 23rd, 2012


SOFTWARE SELECTIONSThe SuperYacht Group selects NetSuite Industry tags: services industry "The holding that includes magazine and Web site publishing, event hosting, marketing consultancy, and creative services has consolidated and centralized all its activities on cloud-based NetSuite ERP. The company has replaced its point solutions—solutions that had obviously become too tiny for them. The

oil and gas industry trends  Industry Watch: Enterprise Software News for the Week of April 23rd, 2012 SOFTWARE SELECTIONS The SuperYacht Group selects NetSuite Industry tags: services industry The holding that includes magazine and Web site publishing, event hosting, marketing consultancy, and creative services has consolidated and centralized all its activities on cloud-based NetSuite ERP. The company has replaced its point solutions—solutions that had obviously become too tiny for them. The group has reported increased Read More

A Semi-open Source Vendor Discusses Market Trends


A response to trends in the open source software market comes this time from relative newcomer provider xTuple. This vendor’s footprint isn’t entirely in the open source door, however, with OpenMFG, its commercially licensed solution with an open source infrastructure.

oil and gas industry trends  customer base: industrial machinery (oil pipelines and valves, water purification, hydraulic and pneumatic tools, etc.); transportation manufacturers (engines, bicycle components, aerospace, automotive parts, etc.); semiconductor and electronics (imaging sensors, magnetic encoders, storage, backup hardware, etc.); and consumer goods or retail manufacturers (dental, beauty epoxies, post-surgical garments, etc.). One particular functionality that makes xTuple applicable to various, seemingly unrelated Read More