See how a leading global energy company successfully enables billion dollar divestment by migrating entire enterprise IT suite to the cloud.
Case Study – Hess Corporation
Overview
Hess Corporation, a leading global independent energy company engaged in the exploration and production of crude oil and natural gas, wanted to streamline its business to focus on energy exploration and production (E&P); and in March 2013 announced its intention to divest its downstream businesses, including retail, energy marketing and terminals. As part of this initiative, Hess IT needed to separate business systems and data for potential buyers and it looked to EPS Cloud to help it migrate those systems and data to the cloud.
Business Challenge
Companies acquire and divest businesses for strategic, financial and other reasons. If not managed effectively, the process can negatively affect the company, causing disruptions for the organization and the business. After Hess decided to streamline its business to focus on energy exploration and production in 2013, Hess IT determined that they would need to separate business systems and data for potential buyers, and initiated work on Amazon Web Services (AWS) in July 2013, with a contractual agreement to have the new environment operational and in production by January 2014.
EPS Cloud specializes in migrating line of business applications to the cloud, custom application development and application integration. By continually providing superior cloud solutions to satisfy business objectives, simplify IT management, meet security and compliance requirements, EPS Cloud is today a trusted partner to CIOs of some of the world’s largest organizations.