EY DEEP Description
Amid numerous challenges in the industry, oil and gas firms are diligently striving to enhance their operations in order to keep up with fluctuating oil prices and the changing landscape of energy demand. The EY DEEP solution, a product of the collaboration between EY and Microsoft, provides these companies with an innovative approach that facilitates a faster and less risky digital transformation of their upstream operations, positioning them to not only survive but also flourish in the future energy market. In the oil and gas sector, the dynamics have transitioned from a state of resource scarcity to one of abundance, prompting companies to adapt. The rise of alternative fuels and improvements in energy efficiency are impacting demand, while the increasing pressure to decarbonize adds another layer of complexity. These combined factors are straining returns and escalating costs, creating an urgent need for the sector to enhance efficiency through the digitalization of operations, which ultimately will determine their success in an evolving energy landscape. As these companies navigate this transformative period, their ability to leverage technology will be crucial in maintaining a competitive edge.
EY DEEP Alternatives
LLumin
LLumin's CMMS+ is a comprehensive software solution designed to efficiently manage assets, facilities, and maintenance operations. The software provides a range of features and functionalities that allow organizations to streamline their maintenance workflows, reduce downtime, and increase productivity while saving time and money. The benefits of LLumin's CMMS+ are numerous. By streamlining maintenance workflows, organizations can reduce downtime and increase productivity. By proactively maintaining assets, organizations can prevent costly breakdowns and extend asset lifespan. By automating inventory management, organizations can ensure that they have the necessary parts and supplies on hand to complete maintenance work orders, minimizing downtime. And by providing real-time data and analytics, organizations can make informed decisions and optimize maintenance operations.
The return on investment (ROI) for LLumin's CMMS+ is significant. By reducing downtime and increasing productivity, organizations can realize significant cost savings. By extending asset lifespan and proactively maintaining assets, organizations can avoid costly breakdowns and reduce maintenance costs.
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Picafuel
Picafuel, a comprehensive fleet management and issuance system, is leading the charge to revolutionize the fuel retail industry as well as e-mobility. We provide tailored solutions to empower retailers with the ability to deploy fleet cards, manage loyalty points and mobile payments, lower costs, and improve margins. Our offering is more than fleet card management. It serves as a platform that drives innovation across the board. Picafuel allows fuel retailers to unlock unprecedented scalability and customizability, empowering them with the ability to grow their business, embrace innovation, and stay ahead of a rapidly changing market.
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SAS for Oil & Gas
The energy sector is currently facing a surge in demand from developing markets, coupled with heightened competition for leasing rights and financial resources. Additionally, there is a growing emphasis on public accountability and regulatory requirements for transparency. Companies are tasked with delivering products while managing aging assets and the looming challenge of a retiring workforce. This landscape presents significant hurdles for the global energy industry. In response, oil and gas firms are actively exploring ways to enhance their processes and adopt innovative technologies to maintain their competitive edge. Upstream operations require comprehensive insights into production workflows from reservoirs to pipelines, necessitating optimization and predictive analysis to mitigate potential losses. Meanwhile, downstream operations depend on thorough monitoring of refining plants' conditions and efficiency to ensure they meet market demands effectively. As the industry evolves, the need for strategic adaptations will only intensify, pushing companies to innovate and recalibrate their operational strategies.
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BakerHughesC3.ai (BHC3)
BHC3 applications utilize cutting-edge machine learning and artificial intelligence to reveal insights from extensive data collections, facilitating proactive measures in oil and gas operations. The BHC3 SaaS offerings are compatible with any cloud environment and tackle issues present in the upstream, midstream, and downstream segments of the industry. This collaborative effort unites a network of technology experts aimed at accelerating the digital transformation initiatives within the energy sector. We have successfully integrated and fine-tuned BHC3 AI applications on Microsoft Azure, which provides a well-established and secure cloud infrastructure that satisfies the stringent compliance requirements of heavily regulated sectors, including energy. The potential of AI extends far beyond mere enhancements; it can fundamentally reshape business operations. BHC3's AI capabilities can enhance various facets of energy-related operational efficiencies, leading to improved reliability, decreased downtime, optimized production processes, and heightened yield, ultimately driving the industry towards a more innovative future.
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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
Web-Based
Types of Training
Training Docs
Live Training (Online)
Training Videos
Customer Support
Online Support
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