Repowering Energy
Wipro's industry leading solutions help fuel your business' innovation and growth engine
The global energy markets are standing at crossroads. The big themes that dominated the opening years of the century (prosperity, markets, peak oil, global warming and clean technology) are giving way to a different set of concerns centered on inequality, affordability, regulation and techniques for extracting oil and gas from tight rock formations and ever-deeper below the surface areas.
A snapshot of different challenges prevalent in the industry:
- Highly volatile price of crude and low retail margins make investing large capital exceedingly risky
- Vastly different qualities of crude and long supply chains make scheduling of refinery an extremely complicated operation
- Complex trading and stringent regulatory guidelines add another dimension to the complexity
- Extremely large amount of data, over 23 MB every second, from across the Oil & Gas value chain makes storage and analysis a tough endeavor
How Wipro Helps
Wipro’s Oil & Gas practice helps firms address these complexities through solutions which can:
- Effectively - collect data right from oil wells till the retail outlets, i.e. the entire energy value chain
- Proactively - identify gaps and address integration points in different parts of the energy value chain to increase operational effectiveness
- Accurately - provide custom tools and frameworks to analyze data and represent it in the form of MIS & management dashboards
Wipro has made volume investments to create a world class team of domain experts including:
- Geophysicists
- Logging and production engineers
- Seismic modelers and petroleum economists
- Financial and energy traders in trading segment
- Refinery operations
- Retail marketing and B2B marketing
- SAP IS Oil upstream and downstream
Areas covered by this team include:
- Analytics
- Enterprise resource planning
- Product engineering services
- Portals and content management solutions to leverage technology for meeting business goals
- SAP IS Oil upstream and downstream
Our key differentiators in Oil & Gas domain are:
- High end business consulting coupled with leading IT services and capabilities – managing IT to solve business problems aligned to strategies of Oil & Gas companies
- Proven solutions across the value chain – digital oil fields, collaborative work environment, hydrocarbon management, real time data management, petro technical application management, refinery in a box, smart solutions, asset management, retail site systems and more
- Integrated ‘Think, Build, Operate’ Oil & Gas delivery model – coupled with cost optimized Next Generation models to boost operational efficiency levels in both ERP and non-ERP systems
- Established ecosystems comprising key product vendors in the Oil & Gas space – including strategic partnerships with SAP and Oracle
- Partner for two of the world's five oil ‘super majors’; strategic engagements for 5 of the top 10 Oil & Gas companies
- Set of unique Oil & Gas process labs to manage complex workflows, testing and frameworks - retail modernization solutions, OSI PI, terminal management and automation amongst others
- Experience working with the world's largest retail firms to bring their best practices to Oil & Gas retail outlets
- Wipro-wide focus on the environment through the 'Eco Eye' program investing in HSE niche solutions and best practices
- A unique energy trading practice of working closely with financial experts to bring financial services’ best practices to energy trading
- A strong domain team with experience working in upstream, refineries, Oil & Gas retail, HSSE and energy trading
- A strong and experienced IS Oil Consulting team coupled with rich domain experience in O&G upstream, downstream and EAM
This paper talks about the importance of Enterprise-wide Competency Risk Management and how tactical workforce intelligence can be used to optimize talent.
This paper highlights the need for standardization and transformation of IT services within the process control domain. The paper draws on first-hand experience of Wipro in providing such services to multiple Energy super-majors and capabilities as a system integration partner for key process control system vendors within the Manufacturing domain.
