Oceaneering Leverages Oracle's Cloud Applications and AI for Enhanced Business Operations
Oceaneering International, Inc., recognized as a prominent player in the delivery of advanced engineered services and robotic solutions, has announced its strategic partnership with Oracle, embracing Oracle Fusion Cloud Applications to drive organizational growth and enhance operational efficiency. This decision marks a significant step towards harnessing the power of artificial intelligence in streamlining processes across finance, human resources, and supply chain management. Oceaneering operates in challenging sectors such as offshore energy, defense, aerospace, and manufacturing, where they strive to resolve complex operational challenges for their clientele. By adopting Oracle's innovative suite of applications, the company aims to improve productivity, cut costs, and bolster a more resilient workforce.
The emphasis on integrated AI technology reflects Oceaneering's commitment to evolve its operational framework, which has become increasingly vital in a competitive landscape characterized by rapid change. As the company evaluates its internal processes, it recognized that its existing systems failed to meet the current demands of teamwork and productivity in a modern setting. In light of this, President and CEO Rod Larson expressed that the advancement of their systems is crucial in providing employees with an environment conducive to innovation and collaboration. This initiative intends to revamp their operational capabilities, ultimately empowering team members to excel at what they do best—crafting innovative solutions to trade complexities.
Through the implementation of Oracle Fusion Cloud Enterprise Resource Planning (ERP), Oceaneering seeks to automate financial and project management workflows. This automation is expected to enhance control measures, increase productivity, and minimize potential risks. Additionally, Oracle's Human Capital Management (HCM) tools will enhance the company's HR operations, providing insightful analytics to improve employee experiences and workforce management globally. The Supply Chain and Manufacturing module is set to revolutionize Oceaneering’s supply chain dynamics, thereby reducing operational costs while ensuring efficiencies.
Steve Miranda, Executive Vice President of Applications Development at Oracle, noted that Oceaneering's unique engineering methodology contributes significantly to their success. By systematically refining its business processes through Oracle’s suite, the company is preparing to not only meet current operational demands but also adapt to future growth opportunities.
Given the modern business environment's complexities, which are compounded by emerging technologies and economic fluctuations, Oceaneering’s decision underlines a critical shift towards automation and AI integration across various departments. This strategic choice allows for streamlined operations and cultivated employee engagement while also aligning with corporate objectives aimed at sustaining growth.
The integration process will be facilitated in partnership with Deloitte, an Oracle PartnerNetwork (OPN) ally, ensuring that Oceaneering's transition to this new operational framework is smooth and efficient. Deloitte’s expertise will be instrumental in helping Oceaneering leverage the benefits of Oracle Fusion Applications effectively and in a timely manner.
In summary, this collaborative venture harnesses the latest in AI technologies to dismantle organizational silos and unify operational processes under one strategic umbrella. Oceaneering stands at a pivotal juncture, where its future success will rely on its ability to innovate and adjust dynamically to the evolving marketplace, making the implementation of Oracle Fusion Cloud Applications a critical move for long-term sustainability and competitiveness.
The emphasis on integrated AI technology reflects Oceaneering's commitment to evolve its operational framework, which has become increasingly vital in a competitive landscape characterized by rapid change. As the company evaluates its internal processes, it recognized that its existing systems failed to meet the current demands of teamwork and productivity in a modern setting. In light of this, President and CEO Rod Larson expressed that the advancement of their systems is crucial in providing employees with an environment conducive to innovation and collaboration. This initiative intends to revamp their operational capabilities, ultimately empowering team members to excel at what they do best—crafting innovative solutions to trade complexities.
Through the implementation of Oracle Fusion Cloud Enterprise Resource Planning (ERP), Oceaneering seeks to automate financial and project management workflows. This automation is expected to enhance control measures, increase productivity, and minimize potential risks. Additionally, Oracle's Human Capital Management (HCM) tools will enhance the company's HR operations, providing insightful analytics to improve employee experiences and workforce management globally. The Supply Chain and Manufacturing module is set to revolutionize Oceaneering’s supply chain dynamics, thereby reducing operational costs while ensuring efficiencies.
Steve Miranda, Executive Vice President of Applications Development at Oracle, noted that Oceaneering's unique engineering methodology contributes significantly to their success. By systematically refining its business processes through Oracle’s suite, the company is preparing to not only meet current operational demands but also adapt to future growth opportunities.
Given the modern business environment's complexities, which are compounded by emerging technologies and economic fluctuations, Oceaneering’s decision underlines a critical shift towards automation and AI integration across various departments. This strategic choice allows for streamlined operations and cultivated employee engagement while also aligning with corporate objectives aimed at sustaining growth.
The integration process will be facilitated in partnership with Deloitte, an Oracle PartnerNetwork (OPN) ally, ensuring that Oceaneering's transition to this new operational framework is smooth and efficient. Deloitte’s expertise will be instrumental in helping Oceaneering leverage the benefits of Oracle Fusion Applications effectively and in a timely manner.
In summary, this collaborative venture harnesses the latest in AI technologies to dismantle organizational silos and unify operational processes under one strategic umbrella. Oceaneering stands at a pivotal juncture, where its future success will rely on its ability to innovate and adjust dynamically to the evolving marketplace, making the implementation of Oracle Fusion Cloud Applications a critical move for long-term sustainability and competitiveness.
Topics Business Technology）
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