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Leveraging a Cloud Engagement Platform for Energy

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Presentation by David Miller, Covisint CSO, December 2012.Discussion on how security breaches and the proliferation of mobile devices demand dramatic changes from the oil and gas industry that employs …

Presentation by David Miller, Covisint CSO, December 2012.Discussion on how security breaches and the proliferation of mobile devices demand dramatic changes from the oil and gas industry that employs three-fourths of its workforce from joint venture partnerships.

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  • 1. Leveraging a Cloud EngagementPlatform for Energy David Miller, Covisint CSO, December 2012
  • 2. Enterprise-grade, Global and Proven500+ Global Customers22M+ Users1B+ Yearly Transactions100% Availability One Platform
  • 3. The “Early Days”
  • 4. Today
  • 5. Collaboration is KeyIn today’s business, it is no longer a singlelarge organization that owns the completelifecycle of a producing asset. Oil and gas companies and their partners need to collaborate.  As multiple companies partner on projects, both historical and current data needs to be readily available to all partners. • Geologists and engineers spend between 30% to 50% of their time mining through disparate repositories and files trying to locate data. • 77% of energy-sector employees are third-party employees. “It is estimated that engineers alone spend almost 10 million people-hours a year Oil and gas companies and their suppliers searching for information, which equals an need to collaborate. average net loss of $485 million for the  Data needs to be shared to and from service industry.” companies all along the supply chain. Source: Next Generation of Oil & Gas When different organizations use and update common systems, stronger security is imperative.
  • 6. IT Is a Differentiator Information Technology is a competitive differentiator Right understanding and use of IT separates leaders from laggards Leaders use collaborative IT architectures as the key enabler  Increases process efficiency  Lowers operational cost  Solves issues such as: • Supply security (upstream) • Shrinking margins (downstream)
  • 7. Issues in the Energy Industry Transportation Supplier A Supplier B Contractor C Chevron Joint Venture 1 Contractor B Shell Joint Venture 2 BP Contractor A Distributor A Mobility FactorConocoPhillips Supplier C
  • 8. Energy Industry Solutions
  • 9. Thank You