SAP Business Transformation Study | Oil and Gas | Statoil

©

2013 SAP AG or an SAP affiliate company. All rights reserved...
SAP Business Transformation Study | Oil and Gas | Statoil

Executive overview
Company
Statoil ASA

BUSINESS TRANSFORMATION...
©

2014 SAP AG or an SAP affiliate company. All rights reserved.

No part of this publication may be reproduced or transmi...
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Best Practice to simplify your IT with no disruption and accelerate planning and financial close with SAP Hana at Statoil

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Reference Story from Statoil
GOAL of Statoil:
Simplify IT, accelerate planning and financial close, and reduce risk
The resolution:
• Separated the SAP® Business Planning and Consolidation application from the SAP NetWeaver® Business Warehouse application
• Implemented the SAP EPM solution and migrated from an Oracle database to the SAP HANA® platform
• Worked with the SAP Consulting organization and used the SAP MaxAttention™ offering throughout the project, going live without disruption to the business
• Tested the migration using a cloud-based rapid prototype, mitigating risk and accelerating project delivery

another reference story with the support of #Sapsuppot

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Best Practice to simplify your IT with no disruption and accelerate planning and financial close with SAP Hana at Statoil

  1. 1. SAP Business Transformation Study | Oil and Gas | Statoil © 2013 SAP AG or an SAP affiliate company. All rights reserved. Statoil ASA is a Norwegian, multinational, integrated petroleum company with 40 years of experience and operations in 36 countries. Statoil accommodates the world's energy needs with responsible business practices and processes. Together with the SAP® Consulting organization and using the SAP MaxAttention™ offering, Statoil deployed the SAP Business Planning and Consolidation application, migrating financial data to the SAP NetWeaver® Business Warehouse application and switching from an Oracle database to the SAP HANA® platform in just four months. Statoil also upgraded to the latest version of the SAP EPM solution, running a prototype using a cloud solution from SAP. The final result is faster financial close and planning processes, freeing up time for analysis and reducing risk for the company and its stakeholders. Picture Credit | Statoil ASA, Stavanger, Norway. Used with permission. Statoil: Accelerating Planning and Financial Close Cycles with SAP® EPM powered by SAP HANA® and SAP MaxAttention™
  2. 2. SAP Business Transformation Study | Oil and Gas | Statoil Executive overview Company Statoil ASA BUSINESS TRANSFORMATION Headquarters Stavanger, Norway Industry Oil and gas Products and Services Oil and gas exploration and production, new energy, natural gas Employees 23,000 Revenue NOK 723.4 billion (€86.8 billion) (2012) Web Site www.statoil.com/en Partner SAP® Consulting organization TOP BENEFITS ACHIEVED The company's top objectives Simplify IT, accelerate planning and financial close, and reduce risk 6x The resolution • Separated the SAP® Business Planning and Consolidation application from the SAP NetWeaver® Business Warehouse application • Implemented the SAP EPM solution and migrated from an Oracle database to the SAP HANA® platform • Worked with the SAP Consulting organization and used the SAP MaxAttention™ offering throughout the project, going live without disruption to the business • Tested the migration using a cloud-based rapid prototype, mitigating risk and accelerating project delivery The key benefits • Integrated and centralized financial, planning, and production data • Accelerated month-end financial closing and improved transparency • Lowered risk through process automation and standardization • Enabled a faster backup-and-restore process “We turned to SAP because we needed to have access to the best experts. The support we got from SAP MaxAttention was excellent and was key to our success. The new solution has a simpler architecture, enhanced features, and significantly improved performance.” Stig Skoglund, Lead Analyst – Performance Management, Statoil ASA 29274 (14/02) 2014 SAP AG or an SAP affiliate company. All rights reserved. © Faster financial consolidation (from 2 hours to 20 minutes) 15 x Faster master data processing with easier editing and fewer errors (from up to 5 minutes to 20 seconds) 8x Faster opening and closing periods for work status (from up to 15 minutes to 2 minutes)
  3. 3. © 2014 SAP AG or an SAP affiliate company. All rights reserved. No part of this publication may be reproduced or transmitted in any form or for any purpose without the express permission of SAP AG or an SAP affiliate company. SAP and other SAP products and services mentioned herein as well as their respective logos are trademarks or registered trademarks of SAP AG (or an SAP affiliate company) in Germany and other countries. Please see http://www.sap.com/corporate-en/legal/copyright/index.epx#trademark for additional trademark information and notices. Some software products marketed by SAP AG and its distributors contain proprietary software components of other software vendors. National product specifications may vary. These materials are provided by SAP AG or an SAP affiliate company for informational purposes only, without representation or warranty of any kind, and SAP AG or its affiliated companies shall not be liable for errors or omissions with respect to the materials. The only warranties for SAP AG or SAP affiliate company products and services are those that are set forth in the express warranty statements accompanying such products and services, if any. Nothing herein should be construed as constituting an additional warranty. In particular, SAP AG or its affiliated companies have no obligation to pursue any course of business outlined in this document or any related presentation, or to develop or release any functionality mentioned therein. This document, or any related presentation, and SAP AG’s or its affiliated companies’ strategy and possible future developments, products, and/or platform directions and functionality are all subject to change and may be changed by SAP AG or its affiliated companies at any time for any reason without notice. The information in this document is not a commitment, promise, or legal obligation to deliver any material, code, or functionality. All forward-looking statements are subject to various risks and uncertainties that could cause actual results to differ materially from expectations. Readers are cautioned not to place undue reliance on these forward-looking statements, which speak only as of their dates, and they should not be relied upon in making purchasing decisions.

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