Aucerna named as a Sample Vendor in three areas on the Gartner Hype Cycle for Oil and Gas, 2019
We’re honored to be recognized in Gartner’s Hype Cycle for Oil and Gas, 2019 as a Sample Vendor in three areas detailed below. Aucerna’s integrated software solutions for the front office are an integration of the best of breed products connecting teams from operations to the boardroom.
“Oil and gas companies have become eager to adopt new digital technologies and transform their operating practices. This Hype Cycle provides CIOs with deep assessments for 37 capabilities and technologies with the highest potential to improve oil and gas business performance.” – Gartner’s Hype Cycle in three areas for Oil and Gas, 2019
Integrated Planning and Operations
Integrated planning and operations (IPO) solutions enable comprehensive planning, optimization and execution of operational activities from concept to implementation with a high degree of transparency and a low degree of data administration. These solutions optimize business or functional performance, reduce unplanned outages and improve safety.
Related Solutions: Planning, Execution and Reserves
Petroleum Economic Solutions
Petroleum economic solutions integrate physical and technical data from hydrocarbon asset management systems (e.g., drilling programs and production rates) with investment data from portfolio/project models and economic data from financial systems (e.g., exchange rates, cost of capital and risk premiums). They create comprehensive economic models that can be evaluated in a wide variety of potential future scenarios.
Portfolio Management Solutions
Portfolio management solutions capture historical and forecast data on operating assets, in-flight capital projects and potential future investments to create a comprehensive, high-level forecast of future financial performance. These solutions include analytic capabilities to evaluate future performance under a variety of scenarios.
Related Products: PlanningSpace and Aucerna Portfolio
Gartner “Hype Cycle for Oil and Gas, 2019,” Rich McAvey, et al, 6 August 2019
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