SAP, DNV GL Launch CUI Manager for Oil and Gas Industry

SAP SE (Walldorf, Germany) and management and quality assistance company DNV GL (Oslo, Norway), are teaming up to deliver a new industry cloud solution. Named Corrosion Under Insulation (CUI) Manager, the product is designed to tackle a major problem facing the integrity of oil and gas plants.

According to the companies, 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 say they are focused on helping clients 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, global vice president of SAP’s oil and gas business unit.

CUI is the largest maintenance cost for offshore and onshore installations with insulated pipes, according to the companies. In close collaboration with industry, DNV GL says it has developed a new risk-based methodology, published a new recommended practice, and turned the insights into an easy-to-use interface with CUI Manager.

According to the companies, CUI Manager continuously assesses and calculates CUI risk. In turn, this helps integrity engineers and managers prevent failure, increase safety, and manage hidden threats. It also 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 when using the 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,” says Liv A. Hovem, CEO of DNV GL’s oil and gas business. “We look forward to bringing additional solutions to the market jointly with SAP in the near future.”

Source: SAP, www.sap.com.