The energy industry is characterized by myriad complexities in its supply chain, even as new innovation and investment continuously comes on board. Volatility rules commodity prices while new reserves come with critical trade-offs in terms of cost and profitability, at least in the medium term. Globally, oil prices are on a long term downward trend, and more volatility is foreseen in the future. Companies looking to succeed in this intersection of challenge and opportunity through business and economic cycles are seeking enabling technologies to improve operational efficiency and time-to-market.
iEnergy, a cloud-based solution targeted at the oil industry, is the best-fit to optimize upstream and downstream activities of such companies, including
- Upstream Solution – Oil Exploration and Pipeline Management
- Downstream Solution – Oil Inventory and Terminal Management
- Rig Movements Solutions
- Oil Deal and Trade Management Solution