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Six EAM trends pushing the oil and gas industries forward

IBM Business Partners

The oil and gas industry remains an integral part of the energy landscape, but it faces a number of modern challenges, including volatile market conditions, expanding environmental regulations and the growing need for operational efficiency.

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Cost Avoidance in Procurement- The Ultimate Guide

Obobo

That’s why cost avoidance in procurement is more important than ever—it helps you ensure that you are getting the best value for your money while avoiding unnecessary costs. In this guide, we will explore what cost avoidance is and how you can use it to reduce your overall spending on supplies and services.

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What Is Vendor Contract Management And Why Is It Important?

Obobo

As businesses depend on various vendors and suppliers to provide parts and services, managing vendor contracts is a crucial aspect of maintaining operational efficiency. It involves ensuring that vendors deliver goods and services as agreed upon, and that contractual obligations are met in a timely and satisfactory manner.

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The advantages and disadvantages of hybrid cloud

IBM Services

With the advent of enterprise-level cloud computing, organizations could embark on cloud migration journeys and outsource IT storage space and processing power needs to public clouds hosted by third-party cloud service providers like Amazon Web Services (AWS), IBM Cloud, Google Cloud and Microsoft Azure.

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Public cloud vs. private cloud vs. hybrid cloud: What’s the difference?

IBM Services

on-premises, private cloud, public cloud, edge) with public cloud services from more than one provider. This infrastructure model relies on a network of remote data centers , servers and storage systems owned and operated by a third-party service provider. What is cloud computing?

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What Is Contract Management Lifecycle And Why Is It Important?

Obobo

To streamline the process, organizations can implement automation tools that can assist with each stage of the Contract Management Lifecycle to improve accuracy and efficiency. Contract management ensures the compliance of contracts with all applicable laws and regulations.