OpenText Summit | Houston Energy 2024 summary & key takeaways
OpenText Blog » Utilities
by Phil Schwarz
1M ago
Hello from Alaska! Last week industry leaders, experts, and innovators gathered at the Houston Aquarium for the OpenText Energy Summit in Houston, a pivotal event driving conversations on the intersection of artificial intelligence, information management, and energy sector dynamics. The summit provided valuable insights into the future of energy operations with AI. Let’s dive into the key takeaways from this event: Physics-based models vs. data-driven models: Insights from Arun Narayanan, CIO of RES Group  Arun Narayanan, the distinguished keynote speaker and Chief Digital Officer at RE ..read more
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How fast can you access vital asset documentation?
OpenText Blog » Utilities
by Phil Schwarz
3M ago
The world is in a race for energy and that race is just as much about information management as it is energy itself. Trillions of dollars are being invested each year across the Energy sector on brownfield and greenfield projects and the ratio of fixed assets per employee continues to rise rapidly. To avoid project … The post How fast can you access vital asset documentation? appeared first on OpenText Blogs ..read more
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Revolutionize asset information management
OpenText Blog » Utilities
by Phil Schwarz
7M ago
The world is in a race for energy and operation and maintenance across the entire energy sector are challenged to improve efficiency to keep critical equipment running. Accessibility, and document control are critical to achieving this. OpenText™ Extended ECM for IBM Maximo, a key component of Asset Information Management for Energy is poised to revolutionize … The post Revolutionize asset information management appeared first on OpenText Blogs ..read more
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The Modern Mainframe is Automated, Protected and Connected  
OpenText Blog » Utilities
by Que Mangus
7M ago
Traditional host systems can be pivotal for digital transformation. Learn how security and automation can bring mainframe access into the modern world. The post The Modern Mainframe is Automated, Protected and Connected   appeared first on OpenText Blogs ..read more
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What’s new in Application Modernization & Connectivity  
OpenText Blog » Utilities
by Ed Airey
9M ago
Helping our customers build for the future through smarter modernization   New product updates are now available within Application Modernization & Connectivity (AMC) – OpenText’s marketing leading solution for COBOL and mainframe application development, deployment, and modernization as well as mainframe host access and security.  Latest OpenText of Cloud Editions includes updates to its COBOL, Mainframe … The post What’s new in Application Modernization & Connectivity   appeared first on OpenText Blogs ..read more
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Mastering modern work through the lens of an energy field engineer
OpenText Blog » Utilities
by Phil Schwarz
10M ago
Critical machines are part of our daily lives. Some are under our noses nearly every minute of the day, such as laptops or mobile phones, and some are taken for granted, such as gasoline pumps or freezers in grocery stores. Others still go unseen in our daily lives, such as critical rotating machinery in a power … The post Mastering modern work through the lens of an energy field engineer appeared first on OpenText Blogs ..read more
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The 3-minute test for energy companies
OpenText Blog » Utilities
by Phil Schwarz
10M ago
It’s been 25 years since Bill Gates declared, “Content is king.” And how right he was. Today, content truly reigns supreme, with on-demand access at every turn. From streaming services to social media, content practically lands in our laps, personalized to our interests and always within reach. But in the Energy sector, we seem to … The post The 3-minute test for energy companies appeared first on OpenText Blogs ..read more
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Energy asset information deserves to be seen
OpenText Blog » Utilities
by Phil Schwarz
10M ago
The “great white whale.” That’s how McKinsey & Company refers to the quest by energy companies to get value from digital technologies. Like Captain Ahab’s nemesis in Moby-Dick, value from digital technologies is “anxiously hunted, dimly perceived, enormous and elusive,” McKinsey writes. It’s an apt description. Many organizations within the oil and gas, utility and … The post Energy asset information deserves to be seen appeared first on OpenText Blogs ..read more
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How cloud accelerates the energy race
OpenText Blog » Utilities
by Phil Schwarz
10M ago
Are we working toward an energy transition or are we in an energy race? It’s a race. The Energy industry needs to safely and sustainably deliver energy to 9.7 billion people worldwide by 2050, and the companies that get there first will gain real advantage. In this race, information is every bit as important as … The post How cloud accelerates the energy race appeared first on OpenText Blogs ..read more
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Making smart grids, smart fields, and smart facilities smarter with OpenText
OpenText Blog » Utilities
by Phil Schwarz
1y ago
The world is in a race for energy. Energy companies today are striving to create intelligent, connected, secure, responsible and scalable enterprises. Smart grids, smart oilfields, smart refineries and other ‘smart’ assets are concepts that have been around for more than 25 years, but these concepts have largely relied on information from operational technology such as … The post Making smart grids, smart fields, and smart facilities smarter with OpenText appeared first on OpenText Blogs ..read more
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