Jedox , an award-winning provider of enterprise performance management solutions for financial planning and analysis , has announced that Shelf Drilling , an offshore drilling company providing shallow water services to the oil and gas industry , has reduced the time spent on the transfer and consolidation of operational data by 98 % following its implementation of the Jedox EPM solution .
This has enabled the company to enhance efficiencies across key functions including rig maintenance and fuel tracking .
Headquartered in Dubai , Shelf Drilling operates 30 rigs across eight countries and has 12 onshore locations , with approximately 3,100 employees and contractors . As it sought to modernise and digitalise its operations , the company was looking to implement an integrated planning system .
Because of the low bandwidth of the satellite links that connect Shelf Drilling ’ s rigs to its headquarters , the company needed a solution that could replicate data offline and in the background .
The company ’ s evaluation found Jedox ’ s offering not only met these requirements but also offered the ability for its decision-makers to effortlessly visualise planning and operational data through intuitive dashboards and reports .
By integrating Jedox ’ s solution with its existing enterprise resource planning and business intelligence tools , Shelf Drilling can now maintain a consistent , always up-to-date , single source of financial and operational data . This near real-time data is being used for different purposes and among different departments , namely for maintenance forecasts , project authorisations and emissions tracking .
“ With Jedox , everyone in our organisation , from our headquarters to our offshore rigs , gets a close to realtime view . Business users can simply assemble the data in the system and the required operational data is immediately available for use in models and reports ,” said Bryan Teo , ERP Director at Shelf Drilling .
Offering an example of how this data enables the company to enhance its operations , he said : “ With the
56 INTELLIGENTCIO MIDDLE EAST www . intelligentcio . com