Aker Solutions accelerates its digitalization efforts by moving its internal SAP applications to SAP's cloud, aiming to improve operations and drive efficiency, the company said in its press release.
Cloud-based systems are typically cheaper to run than physical systems as they require less expenditure on computer hardware, monitoring and software licenses. The move will save Aker Solutions about 20 percent on software licensing costs alone.
Aker Solutions has used SAP's suite of business applications for accounting, sales, inventory and payroll since 2004. Cognizant has provided the IT services.
Aker Solutions, Cognizant and SAP Digital Business Services have already started transferring the data from physical servers to the cloud-based platform. The transfer is expected to be complete in the fourth quarter.
The company has also decided to run SAP SuccessFactors - a cloud-based suite of human resources applications, which facilitates employee engagement and career development, including from mobile devices.
Aker Solutions is a global provider of products, systems and services to the oil and gas industry. Its engineering, design and technology bring discoveries into production and maximize recovery. The company employs approximately 14,000 people in about 20 countries.