Accenture to Assist Hess Corporation with Digital Transformation
Accenture is a provider of consulting services alongside mobility, marketing, and analytics services to help businesses improve the performance of their operations. Its latest target is Hess Corporation, a global energy company that produces oil and natural gas resources, to help Hess complete its “as-a-service” vision.
The completion of this vision will include moving Hess’ applications and servers to the cloud. Hess will begin to embrace the use of hosted applications and, as a result, is expected to see an improvement in its efficiency alongside improved access to applications. Overall, the effect on maintenance and operations should be positive.
John Coffey, the managing director of Accenture Energy, commented on the specific ties his company will have within daily Hess operations.
“Hess is pioneering cloud capabilities, big data, and machine learning technologies in the energy industry to reduce cost and inefficiency across the company, including maintenance and operations,” Coffey said. “Digital as-a-service capabilities, such as predictive analytics, can improve not only maintenance and uptime by heading off incidents, but also well reservoir planning and design; drilling and completions; and remote well monitoring.”
Accenture has made the news many times this year. Its partnership with Nokia shows the company reaching into telecommunications. Similarly, it has addressed the needs of telecommunications service providers with a handful of new network deployment and management services.
Most alarming is that Accenture also suggested in June that many enterprises are not ready for the “digital disruption,” an umbrella term that addresses the reality that many forward-looking companies will migrate to the cloud. The study suggests that 75 percent of leading companies today will not be operational in a decade. More agile companies – those that embrace cloud computing and new ways of using information technology – are the ones that will soldier ahead.
Counter to that high attrition rate, Accenture appears to believe in the future Hess has set for itself. Hess’s changes to its present infrastructure should allow it to remain adaptable to future advances in IT. The company’s operations will be set to weather the future of whatever the energy market brings next.
Edited by Alicia Young