BP Taps Tata, Accenture, Infosys for Transformational IT Program

August 28, 2009 at 4:11 am 1 comment

Tata Consultancy Services (TCS), , an IT services, consulting, business solutions and outsourcing firm based in Mumbai, India, has been selected as a strategic IT vendor by BP, one of the world’s largest oil and gas companies with operations in more than 100 countries.

            Over the last 12 months BP has undertaken a program to consolidate its IT vendors for application development and application maintenance (ADAM) using a rigorous selection process that assessed TCS on capability to deliver innovation, leverage Oil and Gas sector knowledge and reduce cost through a global network delivery model. TCS met these criteria and demonstrated its ability to support BP’s agenda of simplification, standardization and corporate efficiency.

            Dana Deasy, BP Group CIO, said: “I’ve been very pleased with the quality of TCS’ proposal and to have selected them as one of our strategic ADAM vendors. In awarding TCS our refining, manufacturing and corporate IT maintenance work we look to benefit from their knowledge of the Oil and Gas sector. Additionally, we see opportunities for TCS to help us deliver IT solutions to enable our upstream and trading businesses. This contract will help BP to reduce complexity, standardize processes and lower our overall cost base.”

            “The engagement with BP underscores our ability to help global corporations become more competitive in the current economic scenario by reducing complexity through optimization of their IT landscape and focus on delivering value through continuous innovation in services,” said N. Chandrasekaran, Chief Operating Officer and Executive Director, TCS. “Our selection as a strategic IT vendor for BP demonstrates our strong domain expertise and highlights the investments we have been making in the technology-led energy sector.”

            TCS’ Energy Vertical serves international and national energy companies across the industry’s value chain. It also works with oilfield service companies on solutions that help increase the production and reliability of upstream operations.

            Separately, BP announced it has also awarded Accenture a contract to provide information technology application development services. Terms of the contract were not disclosed. Accenture will help BP simplify, standardize and consolidate its IT software applications to meet BP’s goals of achieving efficiency throughout the organization and to manage IT costs. Under the agreement, Accenture will be BP’s strategic service provider for its SAP development work.

            Said Deasy: “In awarding Accenture our SAP development work we look forward to taking advantage of their extensive SAP know-how and leveraging their deep understanding of the Oil and Gas industry. This contract will help BP to accelerate the implementation of SAP across the organization and lower our overall cost base.”

            John Downie, senior executive with Accenture’s Energy industry group, said: “We are delighted that BP has selected Accenture as its strategic service provider for SAP development work. Our relationship with BP spans more than 20 years; we look forward to helping BP to further leverage its IT investments, increase operational performance and gain efficiencies.”

            In yet another announcement about its ADAM program, BP revealed that Infosys Technologies will manage and operate a large portion of its business systems under the terms of a five-year applications outsourcing and support agreement.

            Kris Gopalakrishnan, CEO and Managing Director of Infosys Technologies, said: “Infosys has a longstanding relationship with BP, delivering consulting and technology services. We are well positioned to use our global sourcing expertise and transformational capabilities in the oil and gas domain to deliver significant improvement in operational efficiencies to BP as a part of this new agreement.”

www.bp.com

www.tcs.com

www.accenture.com

www.infosys.com

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Entry filed under: Oil & Gas IT Management. Tags: , , , , , , .

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1 Comment Add your own

  • 1. petrocomputing  |  September 3, 2009 at 2:14 am

    BP expects to save $500 million over five years by reducing the number of its suppliers to five from around 40 and sending more IT projects to offshore locations such as India, where high-tech labor is cheaper.

    “BP has extracted pricing cuts in the range of 7.5-15 percent from most vendors,” said CLSA analysts Bhavtosh Vajpayee and Nimish Joshi in their research note about the recent BP contracts. “Offshore share of delivery is expected to go up materially from 70% to up to 90%,” they added.

    Reply

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