As governments around the world are reducing subsidies for renewable energy-based generation, renewables are expected to start competing more with fossil fuel-based energy sources and reach grid parity. To make the energy transition economically visible, energy companies need to identify solutions for cost reductions in order to remain competitive within bid processes – and we believe digitalization can play a major role here.
In the beginning of December, Cognizant gathered clients over lunch for a roundtable discussion with speakers from PostNord, Celonis and Cognizant that shared the latest within Intelligent Process Automation (IPA).
Rust detection in the heavy-asset energy industry is a cumbersome and costly process. Aize’s new asset management SaaS solution, powered by machine learning and computer vision, speeds up the process by auto-detection of rust anomalies.
The data and analytics landscape is changing fast, but if you can’t demonstrate the business value in AI, data and analytics initiatives it can lead to reduced budget and lack of involvement for these initiatives. A key factor is to quickly find out the current state of maturity. With our Rapid assessment framework, you can clarify your status – within a week.
Utilities companies are shedding their reputation for slow adoption of digital technologies, according to our study. Using IoT, AI, automation and analytics, they aim to eliminate slow processes, elevate customer experience and deliver measurable results to boost sustainability.
How can energy companies reduce their emissions in the upstream operations and what role does digital play in it? This was the theme of the joint session between Cognizant, Aker BP and Wintershall DEA during the industrial digitalization conference Ignite.
How can AI and other technologies be used to execute complex projects in an effective manner in the energy sector? During the industrial digitalization conference Ignite, I discussed the potential of AI and machine learning to automate and improve maintenance together with experts from Aize.
What are the most essential building blocks of an intelligent Enterprise? Without doubt, a future-proof digital foundation that comprises a number of technology building blocks, each dependent on having the right data at the right time.
Intelligent automation continues to be a top driver of the future of work, according to our recent study, and its benefits became clear in the pandemic. To reap the full advantages, businesses need to move from isolated to widescale deployment.
Aker Solutions helps companies unlock energy from sources such as oil, gas, and offshore wind. By transforming and modernizing its IT systems together with Cognizant, Aker Solutions can offer more flexibility and faster time-to-market for its oil and gas customers.
How do you transform ERP backbones into systems of innovation? The solution relies on the convergence of customer-centricity, new technology adoption, and business model modernization. Only by connecting these disciplines, a company can deliver truly data-driven customer experiences. Modernizing your core by converting to SAP S/4HANA is key, says Client Partner Christian Staalby.
Remaining competitive in an industry under immense pressure calls for increased levels of digitalization and automation. This is why Aker Solutions has the ambition to reengineer its invoicing process and transform it into a touchless end-to-end practice – with 30% efficiency gains in the pipeline.
SAP customers have been given a deadline of 2027 to migrate to SAP S/4HANA. While it’s not a must (you have the option of extended support until 2030), companies should seriously consider what advantages a migration brings in terms of future-proofing the business.
Adopting a microservices architecture style? Learn how to avoid implementation challenges and even failures in this whitepaper.
This sector is surrounded by challenges; the world is looking for new energy sources and everyone's focus is on increased sustainability, while oil and gas prices are volatile. It’s a strong imperative to make fundamental changes. AI and analytics are critical to succeed with digital transformation and essential parts of the modernization journey.
Director Oil & Gas - Energy +47 908 87 070
Cognizant has helped some of the world’s leading energy and utility companies to transform. Among them are 5 of the top 10 utilities in North America, 5 of the top 10 electric utilities in Europe and 4 of the top 6 oil and gas super majors.
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