List of IFS IDEAS (formerly P2 IDEAS) Customers
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Since 2010, our global team of researchers has been studying IFS IDEAS (formerly P2 IDEAS) customers around the world, aggregating massive amounts of data points that form the basis of our forecast assumptions and perhaps the rise and fall of certain vendors and their products on a quarterly basis.
Each quarter our research team identifies companies that have purchased IFS IDEAS (formerly P2 IDEAS) for Oil Gas and Chemicals ERP from public (Press Releases, Customer References, Testimonials, Case Studies and Success Stories) and proprietary sources, including the customer size, industry, location, implementation status, partner involvement, LOB Key Stakeholders and related IT decision-makers contact details.
Companies using IFS IDEAS (formerly P2 IDEAS) for Oil Gas and Chemicals ERP include: ExxonMobil, a United States based Oil, Gas and Chemicals organisation with 61000 employees and revenues of $339.25 billion, VAALCO Energy, a United States based Oil, Gas and Chemicals organisation with 185 employees and revenues of $354.0 million, Sequitur Energy, a United States based Oil, Gas and Chemicals organisation with 100 employees and revenues of $15.0 million, CAMAC International, a United States based Professional Services organisation with 100 employees and revenues of $10.0 million, Greenfields Petroleum Corporation, a United States based Oil, Gas and Chemicals organisation with 20 employees and revenues of $6.0 million and many others.
Contact us if you need a completed and verified list of companies using IFS IDEAS (formerly P2 IDEAS), including the breakdown by industry (21 Verticals), Geography (Region, Country, State, City), Company Size (Revenue, Employees, Asset) and related IT Decision Makers, Key Stakeholders, business and technology executives responsible for the software purchases.
The IFS IDEAS (formerly P2 IDEAS) customer wins are being incorporated in our Enterprise Applications Buyer Insight and Technographics Customer Database which has over 100 data fields that detail company usage of software systems and their digital transformation initiatives. Apps Run The World wants to become your No. 1 technographic data source!
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| Logo | Customer | Industry | Empl. | Revenue | Country | Vendor | Application | Category | When | SI | Insight |
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CAMAC International | Professional Services | 100 | $10M | United States | IFS | IFS IDEAS (formerly P2 IDEAS) | Oil Gas and Chemicals ERP | 2012 | n/a |
In 2012 CAMAC International implemented IFS IDEAS (formerly P2 IDEAS) as its core Oil Gas and Chemicals ERP platform to support finance and operational recordkeeping. The deployment centered on using IFS IDEAS for upstream accounting and financial close workflows while aligning planning and budgeting processes with cloud planning tools.
Configuration work included detailed financial reporting and close scenario configuration, design of budgeting and forecasting processes, and implementation of business rules and calculation scripts for planning. Implementation activities documented included the implementation of Hyperion planning and budgeting on the cloud using Hyperion PBCS, forms design, closed month financials reporting through a specific scenario, and batch automation using the epm-automate program.
Operational integration and run book activities emphasized automation and reporting, with management reports produced through Financial Reporting Studio and end user query access enabled via SmartView training. Planning system technical maintenance and end user support were explicit operational responsibilities, indicating a combined application support and finance planning operating model spanning finance and budgeting functions.
Governance and controls were organized around month end close scenarios and SOX compliance, with process controls implemented in reporting and batch automation workflows to support auditability. Ongoing activities included budgeting and forecasting support, management report iteration, and technical operations for the IFS IDEAS environment.
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ExxonMobil | Oil, Gas and Chemicals | 61000 | $339.2B | United States | IFS | IFS IDEAS (formerly P2 IDEAS) | Oil Gas and Chemicals ERP | 2015 | n/a |
In 2015 ExxonMobil implemented IFS IDEAS (formerly P2 IDEAS) as part of its Oil Gas and Chemicals ERP footprint to standardize production and field operations workflows. The deployment prioritized consolidation of personnel and location records to reduce fragmentation across multiple operational instances and to support core production and maintenance business functions.
The IFS IDEAS implementation delivered modules and capabilities typical of an Oil Gas and Chemicals ERP, including work order and maintenance management, production operations and field data capture, and configured workflows for asset and inventory control. The program included product engineering workstreams to extend the P2 Production product powered by Merrick, and a proof of concept for a mobile field operator solution to enable field data collection and electronic work execution.
Operational coverage was organized across 27 identified instances with approximately 1,500 user licenses under a negotiated three year maintenance agreement, reflecting a centralized maintenance and support structure for ExxonMobil deployments. The team managed a commercial release for the P2 Merrick production product in the Canadian market, identified as Qbyte FDC, which was associated with seven new sales in 2016 and approximately 9 million in incremental revenue.
Governance changes included instituting the P2 Dev Model to streamline development methodologies and formalize release processes, and consolidating personnel and location data as part of rollout controls. Commercial and delivery measures also targeted professional services revenue, doubling RAD work to generate 10 million in revenue, and the Field Operator proof of concept received positive ASCEND reviews with six clients signing as early adopters, demonstrating market validation for mobile field capabilities.
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Greenfields Petroleum Corporation | Oil, Gas and Chemicals | 20 | $6M | United States | IFS | IFS IDEAS (formerly P2 IDEAS) | Oil Gas and Chemicals ERP | 2015 | n/a |
In 2015 Greenfields Petroleum Corporation implemented IFS IDEAS (formerly P2 IDEAS) as its Oil Gas and Chemicals ERP to support corporate and subsidiary finance functions. The deployment was targeted to support finance, accounting, tax and internal and regulatory financial reporting for the Houston corporate office and subsidiaries operating the company's 80 percent interest in a production sharing agreement with the national oil and gas company of the Republic of Azerbaijan. The implementation also encompassed a specific configuration for an Indonesia farm in as part of a post divestiture transition operating agreement with new owners.
Configuration concentrated on core financial modules, including general ledger, accounts payable and accounts receivable, tax routines and statutory reporting, and joint venture and production sharing accounting workflows consistent with Oil Gas and Chemicals ERP capabilities. Work focused on chart of accounts alignment, revenue distribution and cost recovery processing appropriate to production sharing contract structures, and automated financial reporting for internal and regulatory submission. For a company of approximately 20 employees the implementation was scoped to centralize accounting controls and standardize transaction processing across corporate and subsidiary ledgers.
Governance was led by the vice president and controller in Houston who supervised finance and accounting functions and managed the IDEAS rollout for the Indonesia farm in. Rollout execution was integrated into the post divestiture transition operating agreement, establishing finance centric controls and reporting responsibilities between Greenfields and the new operating partners. Operational coverage remained concentrated on the corporate finance team and subsidiary accounting teams rather than a broad cross functional deployment.
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Oil, Gas and Chemicals | 100 | $15M | United States | IFS | IFS IDEAS (formerly P2 IDEAS) | Oil Gas and Chemicals ERP | 2016 | n/a |
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Oil, Gas and Chemicals | 185 | $354M | United States | IFS | IFS IDEAS (formerly P2 IDEAS) | Oil Gas and Chemicals ERP | 2015 | n/a |
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Buyer Intent: Companies Evaluating IFS IDEAS (formerly P2 IDEAS)
- Emcor UK, a United Kingdom based Construction and Real Estate organization with 3607 Employees
Discover Software Buyers actively Evaluating Enterprise Applications
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