Oil and Gas
IBM Cognos Performance Blueprints
The upstream sector of the oil and gas industry is focused on finding and producing oil and gas in an efficient, reliable, and affordable manner. This mission is conducted in an environment where data systems of record are often geographically dispersed and not integrated, and within a volatile market characterized by unpredictable price fluctuations, rapidly increasing demand, supply constraints, fierce competition, and stringent regulations.
The IBM Cognos Upstream Oil and Gas Planning Performance Blueprint provides a performance management framework – including planning, metrics and reporting – that allows the upstream oil and gas sector to plan production, revenue, expenses, and capital expenditures at the field or total company level. The solution is designed to reconcile with company-wide strategic plans, ensuring all parts of the organization are planning to a single set of financial goals and business objectives.
IBM Cognos Performance Blueprints are pre-defined data, process, and policy models that help organizations speed their software deployments and drive faster return on investment. They provide a model or framework to help our customers rapidly get value from their Cognos investment. With best practices, a faster route to results, and the top performance management platform, they can find new profitability and insight for their organization. The Blueprints are downloadable free of charge to our customers.
The IBM Cognos Upstream Oil and Gas Planning Performance Blueprint addresses the many challenges that affect the planning process, and assists in the planning, managing, and evaluation of operating plans by:
- Retrieving key data from various source systems into a single view of the entire organization
- Incorporating commodity-pricing driver assumptions that feed into the plan for consistency across the business
- Enabling scenario planning that produces scenarios based on different operating assumptions
- Standardizing data across all regions and operations for ease of consolidation and reporting.
The Blueprint provides the flexibility for meeting the various challenges in the upstream oil and gas sector. Customers benefit from proven practices in model design that greatly reduce investment in implementation time and resources. Using the predefined data model, customers can focus on applying the technology to solve business problems, rather than dealing with fundamental process analysis and technical design.
- Download the Business Value Guide
- IBM Cognos Oil & Gas Performance Blueprints
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