Real time management of assets in demand increases the value of these assets. Integration of business processes within the organization, partners and resources has provided on demand business solutions which help oil and natural gas companies address sustainability issues, adhere to regulatory compliance and manage financial and geopolitical risks.
There is an unprecedented growth in demand which is not expected to decline as oil and natural gas resources are imperative to growth within economies of countries. Emerging markets around the world, especially in developing countries, are fuelling a surge in the demand for energy. Hence, the focus of oil and gas organizations should be on meeting the present demand, with due compliance to environment, government and regulatory issues, as well as, plan ahead for effectively entertaining future demands.