Why IFS Applications Is Popular in the Oil and Gas Industry

Jun 24, 2019

Digital transformation in the Oil and Gas industry is not just about maintaining volume, but also about being efficient while providing value. In 2019, Oil and Gas companies must be agile to succesfully navigate the volatility of the market, and handle price fluctuations and regulatory changes.

IFS is a global leader of enterprise software and provides best-in-class software for Enterprise Resource Planning (ERP), Field Service Management (FSM), Asset Management and more. IFS’ innovation has seen them be named as ‘leader’ in the Gartner MQ for multiple software. IFS Applications help companies with manufacturing and distribution, the maintenance of assets, and the managing of service-focused operations.

The Benefits of IFS Applications for the Oil and Gas Sector

IFS has a lot of experience working with the Oil and Gas sector. IFS business software has been successfully deployed in more than 400 projects by Oil and Gas Companies helping realize greater returns on investment. What makes IFS Applications a good fit for Oil and Gas?

IFS Applications provides dedicated support for the following Oil & Gas segments:

  • Onshore/ Offshore Mobile Assets: IFS software suite supports both onshore and the offshore operations. IFS integrates all assets for increased visibility for worldwide fleets even across complex multi-company structures in a single User Interface that increases user satisfaction, traceability and visibility. IFS helps to manage drill contractors, FPSO workers, and other container owners. It assists with ensuring compliance with various region-specific regulations and supports multiple currencies around the world.
  • EPC or Service Providers: Contractors need agile software to efficiently handle things such as new builds or service contracts. Offshore service providers need to manage resources, assets, tools, and people in a single project. IFS’ integrated solution provides support for your entire value chain from engineering to commissioning.
  • Project-based Manufacturers: Essential systems and infrastructure equipment for the oil and gas industry needs to be manufactured and delivered on time and within budget. IFS Applications provides extensive functionalities for manufacturing including Engineer-to-Order (ETO) manufacturing, project management, and aftermarket service management.

IFS Applications helps to streamline Oil and Gas business processes by delivering better agility across a fragmented IT landscape. Ready to change to IFS?

Why not work with an award-winning IFS partner like ProV, with our extensive portfolio of successful IFS deployments and customizations including some in the Oil and Gas industry. We can help your company reap the benefits of IFS Applications much faster. Learn more about how we can make IFS Applications work for you and ask for a FREE Consultation today!  

 

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Topics: IFS, IFS Applications, ifs applications 10, global business, IFS ERP, ERP solution, ERP software, Manufacturing