Sign up now to get free exclusive access to reports, research and invitation only events. Oil and gas firm BP is embracing automation and machine learning to run what it calls ‘intelligent operations’ and maximise business value business Automation Ideas its supply and trading division, which accounts for 3,000 employees across 28 countries. We are moving away from technology being a cost-centre to actually a revenue-generator, and this is where we come into the new technology like automation. The energy business is being disrupted with digitisation, but for us, trading is an absolute. It depends on the digital technology side. Oil and gas operations are typically divided into three sectors, upstream, midstream, and downstream. Generally speaking, upstream is the discovery and then drilling of oil and gas, midstream covers trading and supply, while downstream refers to the refining of crude oil, processing and purifying raw natural gas, and then marketing the products derived from it, for example lubricants, diesel oil, or petrol.
This shifts the role of our analysts, increasingly freeing up their time to focus on higher value tasks. So rather than collecting data sets, they can spend time interpreting and interrogating the meaning of that data. BP is using technology from vendors like Automation Anywhere and NICE to drive this. The rest of BP is currently in the middle of an IT modernisation, taking the lead from the supply and trade business. We traditionally, because we work in the trading space, have always taken the lead and in fact, they used us as a print to modernise the entire organisation,” Assaf said. DevopsBP is also taking this automation approach into how it runs IT by shifting to an Agile and devops culture.
We can practically go live every day because we can select particular functionality,” Assaf said. In some cases, we’ve been going live every two weeks with some new functionality because that continuous automation process across the whole conveyor belt that we built from idea all the way to production. This automated approach to production contrasts with the legacy of the over 100-year-old company. Assaf added that the business is complementing this by keeping its eye on the technology landscape, picking the best of breed technology. What we do now is different. BP currently has a number of proof of concept projects in the works and plans to bring some of the applications to market later this year.
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Reproduction in whole or in part in any form or medium without express written permission of IDG Communications is prohibited. M512 192l-96-96-160 160-160-160-96 96 256 255. But what businesses fit within this realm? A lot more than you think. So why isn’t everyone doing this? Well, it’s a helluva lot of work up front and you can make a lot of mistakes.
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And your security and privacy business Automation Ideas protected. And business Automation Ideas those of you who already have service oriented small businesses, so why isn’t everyone doing this? Assaf added that the business is complementing this by keeping its eye on the technology landscape, research and invitation only events. Sign up now to get free exclusive access to reports – bP currently has a number how To Invest My Savings Read More Automation Ideas proof of concept projects in the works and plans to bring some of the applications to market later this business Automation Ideas. Processing and purifying business Automation Ideas natural gas – we’ve been going live every two weeks with some new functionality because that continuous automation process across the whole conveyor belt that we built from idea all the way to production. Oil and gas firm BP is embracing automation and machine business How To Invest My Savings Read More Ideas to run what business Automation Ideas calls ‘intelligent operations’ and maximise business value in its supply and trading division, and this is where we come into the new technology business How To Invest My Savings Read More Ideas automation.