EY DEEP Description
Oil and gas companies are constantly working to improve their operations in order to keep up with the volatile oil prices and changing energy demand. Oil and gas companies can now digitally transform their upstream operation more quickly and with less risk thanks to the EY DEEP from the EY-Microsoft alliance. This will help them survive and thrive in tomorrow's energy sector. Oil and gas has changed from a resource-scarce industry to one that is abundant. Demand is being affected by the competition from alternative fuels, increased energy efficiency and increasing pressure to decarbonize. All of these factors put pressure on costs and returns, and create the imperative to improve efficiency by digitalizing oil and natural gas operations.
EY DEEP Alternatives
SAS for Oil & Gas
Emerging economies have a growing demand. Leasing rights and financial capital are in high demand. Increased public scrutiny and regulatory requirements for transparency. Delivery of a product that has aging assets and is at risk of being retired. This is the current state of the global energy industry. Oil and gas companies seek ways to improve their processes and technologies in order to remain competitive in this environment. Upstream oil and natural gas companies require integrated views of all aspects of their production process, from the reservoir to the pipeline. To minimize production losses, they must optimize their processes and perform predictive analyses of production problems. Oil and gas companies require integrated monitoring of the performance and conditions of their refining plants in downstream operations.
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BakerHughesC3.ai (BHC3)
BHC3 applications use advanced machine learning and AI technologies to uncover patterns in large data sets. This allows for predictive action on oil and gas operations. BHC3 applications are cloud-agnostic, and they address challenges in the upstream and midstream sectors. This strategic alliance brings an ecosystem of technology experts together to help the energy sector more quickly scale digital transformation programs. We have optimized BHC3 AI on Microsoft Azure. This allows us to deliver our technology on Azure’s established and secure platform that meets global compliance needs for highly regulated industries including energy. AI has the potential to transform businesses. BHC3 AI can impact all aspects energy-related operational efficiency, including improving reliability, reducing downtime and optimizing production.
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Aspen DMC3
Deep learning combined with linear and nonlinear variables allows for more accurate and long-lasting APC models that cover a wider range of operations. Rapid controller deployment, continuous model improvements and simplified workflows enable engineers to improve ROI. Automate model building with AI. Controller tuning is simplified with step-by–step wizards that allow you to specify linear or nonlinear optimization goals. Increase controller uptime with real-time cloud KPIs that can be accessed, visualized and analysed. Energy and chemical companies must operate with greater agility in today's global economy to meet market demand and maximize their margins. Aspen DMC3 is a next generation digital technology that helps companies maintain a 2-5% increase in throughput, a 3-fold increase in yield, and a 10% reduction in energy use. Learn more about next-generation advanced control technology.
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Proteus
Get Proteus and get better productivity, better consistency, better control, and better visibility. Proteus is the complete project management solution built by energy experts for people in the energy sector. Proteus brings project planning, resource management, project management, collaboration, project financials, and business intelligence into one integrated solution. Proteus moves energy companies away from a fixed cost model to an on-demand model, crucial to staying competitive in a low margin environment. Move faster, stay accurate, deliver more projects and keep work simplified.
Use Proteus to bring all project workflows together in one single view: clients, proposals, projects, invoicing, documents, inventory, and more- all in one place. Integrated with Microsoft 365.
Project teams can collaborate with remote access to timesheets, equipment details, project costs, work completion status, and other resources. Generate invoices and manage client information, and legal contracts from a unified platform. Proteus enables project managers to store documents centrally and streamline workflows, technical calculations, and other operations. Monitor metrics in real time and get full project control.
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Integrations
Company Details
Company:
EY
Headquarters:
United Kingdom
Website:
www.ey.com/en_us/oil-gas/ey-deep-digital-energy-enablement-platform
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Product Details
Platforms
SaaS
Type of Training
Documentation
Live Online
Videos
Customer Support
Online
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