IFS Solutions For The Oil and Gas Industry

In oil and gas, operational efficiency is everything – but maintaining it isn’t easy. High-value assets must perform reliably, projects need to stay on schedule and compliance requirements never stop changing.

All the while, you’re balancing safety, environmental and cost pressures in one of the most competitive industries in the world.

With so many moving parts – engineering, procurement, construction, installation, commissioning and beyond – a disconnected approach slows response times, hides risk and limits your ability to adapt to market conditions.

How Corning Data Helps Oil and Gas Companies Succeed with IFS

IFS is a powerful choice for asset-intensive industries, but its real value comes from being configured to fit your exact operational needs. That’s where Corning Data comes in.

Our senior-level consultants partner with oil and gas companies to:

Recommend the right IFS solutions for your business model
Provide ongoing support to keep your systems aligned with your business goals
Configure and optimize workflows for maximum uptime and asset performance
Integrate contractors, suppliers and field operations into a single connected ecosystem

We bring decades of ERP and EAM expertise, plus deep industry knowledge, to make sure IFS isn’t just software in your tech stack, but a driver of measurable business outcomes.

READ: Manage Oil and Gas Assets

Digital Transformation and the Oil and Gas Industry

How Corning Data Helps Oil and Gas Companies Succeed with IFS

IFS is a powerful choice for asset-intensive industries, but its real value comes from being configured to fit your exact operational needs. That’s where Corning Data comes in.

Our senior-level consultants partner with oil and gas companies to:

Recommend the right IFS solutions for your business model
Provide ongoing support to keep your systems aligned with your business goals
Configure and optimize workflows for maximum uptime and asset performance
Integrate contractors, suppliers and field operations into a single connected ecosystem

We bring decades of ERP and EAM expertise, plus deep industry knowledge, to make sure IFS isn’t just software in your tech stack, but a driver of measurable business outcomes.

Industry Overview

IFS is independently recognized as a leading, global supplier of enterprise oil and gas software for enterprise resource planning (ERP) and enterprise asset management (EAM), too, which is why more than 400 project- and asset-oriented companies are using IFS Applications to run their businesses today.

According to ARC Advisory Group, IFS Applications is the number one EAM solution for the oil and gas industry and is the solution of choice for engineering, procurement, construction and installation (EPCI) contractors, drilling contractors, oilfield machinery and offshore service companies globally.

Oil Field Equipment Suppliers

IFS offers an integrated, standard solution for discrete manufacturers of equipment and systems, including mixed-mode manufacturing. Oil and gas industry suppliers may need to handle both project-driven, engineer-to-order (ETO) processes and product lines in parallel with other production modes, including configure-to-order, make-to-order, assemble-to-order or repetitive.

IFS Applications supports your ETO processes with a unique project-oriented solution that includes integrated project-planning and product-data management, as well as project-based manufacturing and purchasing, with project-driven-based material planning as a supplement to material resource planning (MRP).

Project management functionality captures all relevant related activities, including purchases, costs, production, documentation and shipments. Further, integration with financials highlights performance issues immediately, to allow managers to adapt as conditions change.

Comprehensive product data management and real two-way CAD integrations gives you the single source of truth needed in tiered supply chains in which participants specify any of several CAD environments, including lightweight collaborative formats.