When oil and gas prices fluctuate, the energy industry does, too. That’s why the energy sector puts a premium on agility, reducing fixed costs, and responding quickly to new business opportunities. FairfieldNodal is focusing on automation, productivity, and variabilizing costs to better manage the rapid changes, all enabled through cloud services.
FairfieldNodal Fast Facts
Texas-based energy services company
Acquires, processes, and licenses seismic data for oil and gas exploration and production companies
FairfieldNodal uses cloud services to:
Improve productivity to survive during down periods
Shift to a variable-cost structure to shore up cash reserves
Streamline and automate manual procurement processes
for improved response time
Oracle will be our tool to execute our automation plans. Already, we’re doing more transactions than we have ever done, with less than 50% of the people in finance.”
Read more about how FairfieldNodal thrives amid industry volatility. Download the research report: Intelligent Finance: How CFOs Can Lead the Coming Productivity Boom.