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SAP and DNV GL Partner to Deliver an Oil and Gas Industry Cloud Solution Designed to Combat Corrosion - SAP SE and DNV GL said they have teamed up to deliver a new industry cloud solution, Corrosion Under Insulation (CUI) Manager, designed to tackle a major problem facing the integrity of oil and gas plants - DNVGL.com / SAP.com
SAP and DNV GL Partner to Deliver an Oil and Gas Industry Cloud Solution Designed to Combat Corrosion

 

NewswireToday - /newswire/ - Walldorf, Rhein-Neckar-Kreis, Germany, 2021/01/14 - SAP SE and DNV GL said they have teamed up to deliver a new industry cloud solution, Corrosion Under Insulation (CUI) Manager, designed to tackle a major problem facing the integrity of oil and gas plants - DNVGL.com / SAP.com. NYSE: SAP

   
 
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SAP SE (sap.com) and DNV GL (dnvgl.com), one of the largest independent management and quality assurance experts, said they have teamed up to deliver a new industry cloud solution, Corrosion Under Insulation (CUI) Manager, designed to tackle a major problem facing the integrity of oil and gas plants.

Corrosion Under Insulation Manager is one of the latest industry cloud solutions built and run on the open SAP Cloud Platform. These industry solutions use intelligent technologies, such as artificial intelligence and advanced analytics, to create compelling user experiences and to digitalize and automate operations. SAP and partners focus on solutions for the core business of our customers in their industries to help optimize end-to-end processes and to enable the development of new and differentiating business models.

“In collaboration with DNV GL, we will deliver the first industry cloud solution for the oil and gas industry,” said Benjamin Beberness, SAP Oil and Gas Business Unit global vice president.

CUI is the largest maintenance cost for offshore and onshore installations with insulated pipes. In close collaboration with the industry, DNV GL has developed a new risk-based methodology, published a new recommended practice and turned the insights into an easy-to-use interface with the CUI Manager. Through the strength of DNV GL’s models and the integration with SAP Asset Intelligence Network and the SAP Asset Strategy and Performance Management application, this solution will provide an efficient and standardized way to address the risk of CUI.

CUI Manager continuously assesses and calculates the CUI risk, helping integrity engineers and managers prevent failure, increase safety and manage hidden threats. It optimizes asset strategy and planning by providing detailed, instant insights on current and planned risk as well as the resulting cost development. The solution’s full integration with SAP Asset Strategy and Performance Management enables calculation and visualization of the complete risk picture using SAP Cloud Platform.

“The combination of DNV GL’s deep technical insight and state-of-the-art software solutions with SAP’s cloud-based solutions for intelligent asset management will generate significant value for our customers,” DNV GL Oil & Gas CEO Liv A. Hovem said. “We look forward to bringing additional solutions to the market jointly with SAP in the near future.”

Any statements contained in this document that are not historical facts are forward-looking statements as defined in the U.S. Private Securities Litigation Reform Act of 1995. Words such as “anticipate,” “believe,” “estimate,” “expect,” “forecast,” “intend,” “may,” “plan,” “project,” “predict,” “should” and “will” and similar expressions as they relate to SAP are intended to identify such forward-looking statements. SAP undertakes no obligation to publicly update or revise any forward-looking statements. All forward-looking statements are subject to various risks and uncertainties that could cause actual results to differ materially from expectations. The factors that could affect SAP’s future financial results are discussed more fully in SAP’s filings with the U.S. Securities and Exchange Commission (“SEC”), including SAP’s most recent Annual Report on Form 20-F filed with the SEC. Readers are cautioned not to place undue reliance on these forward-looking statements, which speak only as of their dates.

© 2021 SAP SE. All rights reserved.
SAP and other SAP products and services mentioned herein as well as their respective logos are trademarks or registered trademarks of SAP SE in Germany and other countries. Please see sap.com/copyright for additional trademark information and notices.

 
 
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SAP and DNV GL Partner to Deliver an Oil and Gas Industry Cloud Solution Designed to Combat Corrosion

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