What value do smart decisions about oil field operations and production performance provide if you can't make them fast enough? And what use are fast decisions if you don't have the right information? Timely, informed business choices directly drive the overall effectiveness, efficiency and production of the range of tasks in upstream or downstream oil fields—plus the key assets working them. Unfortunately, at most chemical and oil production operations, the information needed to make these vital business decisions is often "too little too late" to be truly effective.
IBM's Chemical and Petroleum Integrated Operations Services (IOS) provide integrated, near real-time visibility across oil fields, pipelines, refineries, chemical plants and other assets that allow you to visualize and act upon critical operational data and events to make better business decisions. IOS can help you:
- Improve productivity from near real-time visibility of measurements in the context of equipment.
- Aggregate information across multiple assets to achieve cost control based on performance comparisons.
- Reduce planned and unplanned shutdowns, resulting in increased production and decreased maintenance costs based on enterprise-wide, event-based information.
- Speed decision making with enterprise-wide access to near real-time process performance relative to key performance indicators (KPIs).
- Create agility to incrementally expand across additional assets and processes.
IBM provides solutions to help chemical and petroleum companies meet specific strategic objectives. To support these solutions, we provide industry frameworks with proven deployment and integration. The IBM Integrated Information Framework (IIF) provides the foundation for the IOS, creating a platform for transformation that creates flexibility, and accelerates the deployment and integration of multiple chemical and petroleum solutions.
