Infotech Lead U.S: Enterprise applications company IFS announced that a major North American offshore oil and gas drilling company has signed a contract to implement IFS Applications as its enterprise asset management (EAM) software system.
IFS Applications is a component-based extended ERP suite built on SOA technology.
The customer operates jack-up rigs located worldwide, including the Middle East, the North Sea, Trinidad, Southeast Asia and the Gulf of Mexico.
The company will implement IFS Applications for Offshore Service to support maintenance operations. The solution will include projects, maintenance and IFS Instant Replication, a unique solution for rapid replication of data between offshore rigs or vessels and onshore facilities.
The application suite will be delivered through an Applications as a Service (AaaS) cloud service offered by IFS North America.
The upstream Oil & Gas industry is one of IFS’s core markets. Based on a single product line, IFS Applications delivers flexible, component-based business solutions that manage the entire lifecycle of contracts, projects, assets and services.
IFS Applications includes functionality for contract and project management, risk management, budgeting and forecasting, engineering, material management, fabrication, document management, service and asset management, all integrated with financials and human resources.