The Digital Edge
Accelerate transformation through digital solutions and automate operations with the help of new oil and gas platforms.
The oil and gas industry today is focused primarily on efficiency and cost reduction. At the same time, the industry is at the center of the global effort to limit carbon emissions and curb climate change.
To stay ahead of the curve, companies need to optimize production cycles and improve business processes throughout their operations. An increased focus on automation and digital solutions to reduce operational costs is an important part of the answer for many. Related benefits of new oil and gas platforms include better decision-making, greater utilization of assets, and a strong foundation to invest in new business models.
Beyond Silos: Fusing Digital Across the Enterprise
Don’t get us wrong: Pockets of innovation are admirable. But our new research finds that digital succeeds best when it connects key functional areas to deliver exceptional customer experiences.
VIEW PERSPECTIVESCognizant helps oil and gas companies succeed by leveraging our deep industry knowledge and experience with new industry platforms. Our services span finance and accounting solutions, enterprise asset management, and process automation capabilities based on the latest oil and gas digital solutions.
Our Digital Finance and Accounting suite provides oil and gas companies with a digital playbook for future integration and automation. It helps optimize existing investments and integrates key processes, expertise, systems and analytics. From streamlining your transactional workflows to making financial intelligence available on demand, we digitally transform finance and accounting into a value generator for your organization.
Let us help in cost reduction and optimization by restructuring and remodeling core industry services like procure to pay, order to cash, record to report accounting and financial planning and analysis.
With recent advancements in data and connectivity, aftermarket services are creating exciting new business opportunities for oil and gas providers. Cognizant's expertise in areas such as analytics and business metrics can help create new operating models and turn cost centers into profit centers.
Combining digital platforms with the right people, process and strategy transforms aftermarket services. Key areas for improvement include request management, field services, spare parts order management, warranty, reverse logistics and asset monitoring.
With the right strategy, tools and know-how, intelligent process automation can help utilities accelerate performance and enable real value and ROI. Cognizant’s IPA solutions make your oil and gas processes smarter. We help elevate workforce productivity by automating not only mundane tasks, but also end-to-end business operations.
Leverage Cognizant’s domain and digital platform capabilities to drive aggressive automation.
LEARN MOREHow to manage an aging workforce and infrastructure while keeping a close eye on reliability requires new thinking when it comes to your asset management strategy. For the oil and gas industry, Enterprise Asset Management can reduce equipment downtown, increase energy production, and lower costs through improved asset utilization.
Cognizant combines experience in conventional EAM with digital capabilities in mobility, smart grid, asset/pipeline integrity management, asset analytics, dashboards and GIS. The result is what we call intelligent EAM.
With increased competitive pressure and growing customer demand for alternative energy sources, fulfilling orders across multiple customer engagement channels has become complex. Cognizant’s Digital Order Management helps manage the complexity by delivering customer-centered designs and processes in a cost-effective way.
By coordinating global product and service fulfillment across the extended enterprise, supply chain efficiencies and business responsiveness are notably improved. Leverage our digital innovations in platforms, analytics and intelligent automation to transform your order management process into a revenue-producing powerhouse.
Smart packaged solutions to help oil and gas companies transform for the digital age.
Cognizant’s Digital Workforce Mobility™ reduces operating costs and simplifies construction work. It helps oil and gas companies transform their field operations by optimizing digital communication and workflows. Using our solution, you create a seamless digital workplace where supervisors and workers alike can execute daily tasks, eliminate waste and collaborate with minimal effort.
VIEW SOLUTIONCognizant’s Operations Intelligence Platform (OIP) dives deep into data—and provides oil operators with insights needed to optimize production, reduce costs and improve decision-making. It helps operators improve financial performance, optimize reserves recovery and reduce risk with offshore manning.
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