Operations teams have always been challenged to achieve optimal revenues while reducing costs. Today, they face additional pressure around health, energy and commodity price volatility that is driving up costs and forcing new hybrid/remote work practices.
OpenText™ solutions for Operations automate processes for greater operational agility, faster decisions and increased profits.
With most plant maintenance departments operating at only 20% to 30% wrench time efficiency, teams are looking to cloud based automation to improve efficiency.
With no way to track or trace them, 10% of pallets are lost each year, seeing costs of $8.9 billion globally.
Attracting and digitally enabling the next generation is a top priority as more than 45% of the Energy industry’s personnel are tenured, with most retiring in five to seven years.
Experts forecast a 900% increase in cloud spending for the Oil and Gas Industry by 2030 to reduce operating costs and overheads, enhance safety and reduce CO2 emissions.
Remote working continues to be the norm with 40.7 million Americans predicted to work remotely by 2025, a 102% percent increase from pre-pandemic levels.
Organizations are looking to the cloud to reduce the 80% of Energy sector employees’ time spent looking through unstructured information to get work done.
Improve efficiency, safety and compliance with integrated access to asset information
Optimize asset utilization, performance and effectiveness
Minimize risk and enhance compliance assurance
Maintain workplace compliance and keep workers safe with access to the most up-to-date safe-workplace playbook
Streamline technical service requests to improve asset uptime and operational compliance
Deliver faster, more effective resolutions to customer issues
Consolidate and connect critical content to give operations teams the information they need to quickly make informed decisions and get the job done right the first time.
Intelligently integrate compliant content management, security, agility and resilience into all operational processes, such as design to operate, order-to-cash and procure-to-pay.
Monitor the performance and location of tracked assets to optimize maintenance planning and production uptime.
Collect and analyze asset performance data at scale to improve asset utilization and maximize Overall Equipment Effectiveness.