Steve Jobs once said, “Innovation distinguishes between a leader and a follower.”
This comment rings especially true today as businesses across all industries are putting their heads down – and together – to figure out how to survive and thrive given tremendous change and uncertainty. Yet while there is a great deal of uncertainty, there are signs of innovation thriving with many companies reaching outside their normal business to find ways to help.
Often these days we just keep moving and are happy enough to survive the day. However, isn’t it great when we can stop sometimes to recognize great ideas, great work and even sometimes when things happen that make the world run better? That’s why SAP is again excited to announce its annual SAP Innovation Awards.
When we launched in 2014, 27 companies submitted entries from 15 eligible countries. Last year in 2020, with over 50 countries eligible, we received more than 260 entries from customers and partners that harnessed the power of SAP technology to become intelligent enterprises, develop next-gen applications that are helping the world run better and creating positive social impact to improve people’s lives.
Get Inspired, Check out Past Winners
To get inspired, see a few of the amazing winners in the oil and gas industry from last year. Also check out the whole list of submissions, finalists and winners here.
Last Year’s Winner from the Oil and Gas Industry
Murphy Oil Corporation: Overcoming Challenges & Realizing Benefits: Learn How Murphy Oil Leverages the Latest SAP Technology
- Challenge: Murphy Oil Corporation was looking to reduce the non-productive time during well operations. Non-productive time caused by mechanical failures, weather, and logistical problems add substantial overhead to operations. Reductions in these overheads can result in lower costs and improved health, safety, and environmental performance.
- Solution: Advanced visualization to generate a more comprehensive view from field data to well completion. Remote Assistant to bridge knowledge gaps in workforce between operators and field staff. Robotic Process Automation to mitigate operational risks and discrepancies for project cost tracking. Touchless Mobile for operators using voice commands to complete the tasks in the field.
- Outcome: Rapid decision making with real-time visualization of Completion data, driving down operational cost and expenses with remote assistant, improving forecasting by identifying data anomalies and creating tasks in workbench using AI-based business rules, reducing operational risks and discrepancies in system by leveraging automation while improving communications across functions, ensuring consistency and repeatability in the Completion process.
Share Your Innovation Story
This year’s SAP Innovation Awards aim to honor and celebrate the achievements of forward-thinking companies who have harnessed the power of SAP technology to become an Intelligent Enterprise, thrive in new business realities, and create positive economic, environmental, and/or social impact to help the world run better.
SAP is thrilled to showcase these inspirational customer and partner stories that involve using SAP solutions and business technology platforms to differentiate themselves, achieve tremendous results, and adapt to dynamic customer needs.
More information on the award timeline and list of prizes is available here. For details on the judging criteria and category definitions, visit the SAP Innovation Awards website. The submission period is open now and all entries are due by February 1, 2021. Get started today and join the conversation online using the hashtag #SAPInnovation.
For more innovation stories in the oil and gas industry, join us on our SAP Oil and Gas LinkedIn group.