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Infosys completes implementation of Smart Oilfield Services Solution for SAP ERP
Source: IRIS | 22 Jun, 2015, 10.18AM
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Infosys, a global leader in consulting, technology, outsourcing and next-generation services announced that it has completed the implementation of its Smart Oilfield Services Solution for SAP ERP at FTS International (FTSI), the largest private well completion company in North America, allowing the company to achieve a significant milestone in its strategic business transformation.

FTSI has grown rapidly since its inception. The company's IT infrastructure, based on a series of legacy systems, required an overhaul to manage that growth and avoid keeping the company's operations in silos. Within 14 months, Infosys helped FTSI implement 15 SAP modules across 20 locations for over 1,400 users, thus enabling the company to improve its operating metrics and to leverage an upgraded IT platform for future growth.

Rajesh K. Murthy, executive vice president and global head, energy, utilities, communications and services, Infosys, said, ''The oil and gas market is very competitive and currently witnessing a period of significant change. The ability to deploy fast and adapt quickly are fundamental requirements for the technology systems in this industry. Our expertise in both this industry and in SAP deployments has enabled us to support FTSI in this major transformation.''

Shares of the company gained Rs 7.15, or 0.72%, to trade at Rs 1,003.90. The total volume of shares traded was 29,990 at the BSE (10.12 a.m., Monday).

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