NextEra Tech

Client

The Client is a leading Oil and Gas company in the African continent. The company also produces propane, butane, and condensate for affiliated companies

Market dynamics

In todayʼs insurance landscape, businesses must constantly adapt to regulatory shifts, cybersecurity threats, infrastructure complexity, and market disruption. Evolving compliance standards and rising technology risks are compelling insurers to modernize operations while maintaining agility and cost control. At the same time,
fragmented asset management practices and inconsistent internal processes are limiting visibility and efficiency across enterprise functions. To address these challenges, leading insurers are adopting ServiceNow ITAM implementation strategies to streamline asset tracking, unify tools, and reduce risk exposure. By consolidating systems and improving asset governance, organizations can boost productivity, enhance operational resilience, and make more informed decisions, key differentiators in a competitive and regulated market

Challenges
  1. a) First digitalization initiative involves transitioning SAP ECC 6.0 to SAP S/4HANA on the SAP RISE Cloud platform Adopt industry best practices “Fit-to-standard” –
  1. b) Adoption of standard SAP processes-Consolidate two business lines into a single SAP instance
  2. c) Foster synergy between two distinct business entities reduce process complexity by consolidation and harmonization

d)Standardize asset hierarchies as per ISO Oil & Gas standards Security compliance with Segregation of Duties (SoD)

NextEra solution

a)SAP RISE implementation – Leveraging cutting-edge technology for integration (SAP BTP) Re-engineered more than 140 business processes and their associated data structures, achieving seamless integration of over 36 interfaces

b)Re-engineered more than 140 business processes and their associated data structures, achieving seamless integration of over 36 interfaces

c)Ensured zero non-compliance through validated and verified pre-go-live checks conducted by SAP and KPMG Harmonization of asset structure as per ISO Oil & Gas standards

  1. d) Accurate data migration through the implementation of robust cleansing rules and migration procedures Automation of manual processes with Workflows, DocuSign, Mobility, and BTP services.

This ServiceNow ITAM implementation not only standardized asset governance but also paved the way for strategic, insight-driven asset decisions.

Business benefits

1. 100% utilization of operational 958+ Fiori apps
2. 20% faster generation of KPI reports through Analytical Fiori apps
3. Annual savings of $1.5 million on AMC across multiple ECC systems. Real-time visibility of Cash Position and Liquidity forecast
4. Real-time tracking of shipments from Freight Forwarder
5. Automated secured bank communication
6. Improved trackability and visibility of damaged and repaired materials/components (Lean services) Improved refurbishment and calibration process