Last week, we had an interesting briefing from FIS regarding its strategy for tackling the sizeable oil and gas software marketplace – particularly in North America. The market for ETRM software solutions for oil and gas is these days somewhat limited, especially for those seeking a solution from a larger stable vendor with many years of delivery track record. While smaller vendors with small-scale solutions have emerged in recent years, many of the solutions that targeted larger firms have been acquired over the last few years and bundled under one specific vendor. The industry has lacked choice in the years since those acquisitions, especially for larger-scale solutions, we were told. To rectify that, FIS, a 25+ year old large and proven vendor with a newly rewritten front end for customizable U/X and self serve reporting, and Egistix have joined together in a partnership and alliance that they see as offering a real and significant alternative solution to those that need an ETRM for oil and gas. “Given that lack of choice and the suboptimal nature of solutions on the market, FIS and Egistix took the approach that ‘best-in-class’ solutions pre-configured to work together would offer a viable alternative to companies… continue reading
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