One of the largest consulting deals in Asia Pacific
Delhi, India — —SAP AG (NYSE: SAP) signed the largest ever deal in India with the Oil and Natural Gas Corporation Limited (ONGC) for implementation of the ICE (Information Consolidation for Efficiency) Project. The deal worth Rs. 950 million ($19 million) is aimed at consolidating the IT efforts at ONGC through the implementation of Enterprise Resource Planning (ERP) package on SAP.
“The main objective of the ICE Project
“The main objective of the ICE Project is to optimize and standardize business processes for integrated information availability. The ERP package will enable availability of information on real time basis and elimination of duplication of activities across business processes by capturing data at source point. This will in turn facilitate decision support, better operation control and efficient cost management”, said Mr Subir Raha, Chairman & Managing Director, ONGC.
Speaking at the ceremony, Mr. Alan Sedghi, President & Managing Director, SAP India, said, “This deal with ONGC, the leader in the Upstream Oil & Gas industry in South East Asia, is the biggest deal for SAP India and the largest consulting deal for SAP Asia Pacific. While SAP India was already the dominant player in Downstream Oil & Gas industry, this deal consolidates SAP’s dominance in the Upstream segment as well. ONGC’s decision to adopt mySAP Oil & Gas Upstream solutions reconfirms SAP’s deep industry knowledge and global vision of bringing industry specific business solutions to its customers.”
This deal marks many firsts for SAP India like – it is the first mySAP Oil & Gas Upstream implementation in India, the first mySAP SRM deal & implementation in India, the first mySAP PLM with Document Management implementation in this industry, in India and the first mySAP SEM for Balanced Scorecard implementation in line with the latest management practice by Management Guru, Robert Kaplan. ONGC will benefit immensely by adopting the Best Business Practices provided in the mySAP solution evolved from SAP’s close association with TOP 10 Oil & Gas Companies like Exxon-Mobil, Shell, Chevron-Texaco, Saudi Aramco etc. using SAP solutions.
The mySAP.com e-business solutions proposed to be implemented over the next 30
months across five regions of ONGC for over 8500 users, include:
- mySAP Financials
- mySAP Corporate Financial Management mySAP Business Intelligence mySAP Supplier
- mySAP Enterprise Portals (Workplace)
- mySAP Oil and Gas Upstream ( Joint Venture Accounting, Production Sharing
Agreement & Offshore Logistics Management )
- mySAP Strategic Enterprise Management
- mySAP Product Lifecycle Management