Posted by Marcus Kelly - TouchstoneEnergy
Legacy IT Systems, either software or hardware that were commissioned between the 1980's and early 2000's, are a significant obstacle in any Oil & Gas organisation's drive towards modernisation.
Whilst the age of these systems is not necessarily an issue, continued product support is a challenge for many. In most cases this leads to reduced functionality with legacy systems kept alive through use of manual processes.
TouchstoneEnergy offers a program of legacy system modernisation for Oil & Gas companies. We do this with the implementation of Infor solutions, a rapidly maturing suite of functional software hosted on-premise or in the cloud. Our approach is based on analysis of the business today, versus current systems and processes. We help customers transition through their modernisation programme by supplying and implementing technology, application software and scalable processes that fit the business model today, but are agile enough to accommodate change.
Our reasons for this approach are based on the fact that:
Short-term fixes may be more affordable but they are also often ineffective.
The cost of running and maintaining legacy systems prompts organisations to modernise systems, usually for cost saving and sustainable profitability. Modernisation raises the usual questions – can a lightweight solution do the job needed to run my business, or is a full-scale rip and replace approach required?
Modernisation can be successful and very effective with those who understand the challenges of your specific industry, and TouchstoneEnergy certainly understands the Energy sector.
Modernisation is the inevitable long-term solution. Enterprise applications such as Infor SunSystems and Infor EAM (Enterprise Asset Management), which are of modern design and equipped to streamline processes can be hosted on modern technology platforms on-premise or in the cloud. Either option comes with its own challenges.
At TouchstoneEnergy, we have a new and effective approach to legacy migration that makes it a seamless process ensuring better returns on IT investment.
Visit source siteOilandGasE&P SoftwareBusiness ProcessLondonUnited KingdomHoustonDallasUnited StatesLagosNigeriaupstream
London England GB 12 Mar 2019