INTELLIGENT BRANDS // Software for Business
Schneider Electric collaborates with Halliburton for E & P sector
Schneider Electric has announced a collaborative project with Landmark , a Halliburton business line and provider of integrated E & P software .
The ongoing project aims to provide total transparency to E & P decision makers — from oil field to board room — with a real-time , integrated view of their business ’ performance .
For E & P companies , performance is correlated with detailed technical , operational , and economic knowledge of the assets in their portfolios . Schneider Electric is coming together with Landmark to connect Schneider Electric ’ s IoT-enabled open and interoperable system architecture and platform EcoStruxure with Landmark DecisionSpace , allowing companies to build a real-time digital representation of individual assets and the overall portfolio .
“ Thanks to the IoT and cloud solutions , we can transform upstream decision-making ,” says Maurizio Rovaglio , vice president Technology & Alliances at Schneider Electric . “ We ’ re applying these technologies in innovative ways to deliver new functionalities and greater benefits . It ’ s exciting stuff .”
Together Landmark and Schneider Electric are delivering integrated and commercially impactful workflows designed for E & P lifecycle management .
“ To undertake these projects , operators require technology and commercial terms that work within their business constraints — no IT system overhauls or huge outlays of capital to occur before value is demonstrated ,” says Nagaraj Srinivasan , senior vice president of Landmark and Halliburton Digital Solutions .
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