Most natural resource projects around the globe involve high capital investment costs and long lead times. Furthermore, extreme volatility of commodity and financial markets, as well as external factors such as the environment, labor, and weather, create a lot of risk for natural resources companies. Traditionally, natural resource companies could not do simulations on multiple operating assumptions that were prone to fluctuate; couldn't make high-level decisions on resource allocation, customer contracts, and analyst guidance without knowing their actual production numbers; and could not provide feedback to management on "what-if" scenarios.
Only Oracle offers a complete strategic planning solution for natural resource companies that can maximize long-term financial returns and incorporate risk; generate high-quality reserve and supply estimates; develop an optimized operations plan; determine financial impact and options; and align the organization and monitor the plan.
Oracle Industry Solutions Address Complex Business Processes Oracle industry solutions leverage our best-in-class portfolio of applications and technology to address complex business processes relevant to your industry. Whether you start with one component or make a complete business transformation, Oracle enables you to build on your existing environment with an open-integration framework using standards-based middleware. Oracle industry solutions enable you to speed time to market, reduce costs, and gain a competitive edge.
KEY PRODUCTS IN ORACLE'S INDUSTRY SOLUTION FOR STRATEGIC PLANNING