Halliburton is one of the world's largest providers of products and services to the oil and gas industry. The company adds value through the entire lifecycle of oil and gas reservoirs and provides integrated products and services for exploration and development, production, operations, maintenance, conversion and refining, and infrastructure and abandonment. Halliburton employs more than 100,000 people in over 120 countries.
In an effort to reduce costs of doing business, Halliburton needed to a more effective way of connecting buyers and suppliers at a reasonable cost in a Unix or Windows environment. The solution would have to meet both current and future business-to-business integration needs. Halliburton's strict evaluation criteria consisted of hundreds of specific functional and technical requirements.
General criteria used in the evaluation process included:
Halliburton selected TIE Business-to-Business Integration because it met all of their specific criteria and technical requirements. TIE's intuitive user interface and SAP iDoc Importer provided Halliburton with an easy-to-use system with any-to-any mapping capabilities that ensured flexibility enough for future integration efforts. Halliburton also cited TIE's reasonable price and confirmation from several satisfied end users as important factors that made the purchasing decision much easier.
Since implementing TIE Business-to-Business Integration, Halliburton has experienced estimated annual cost savings of over $380,000. TIE's powerful translation capabilities have enable Halliburton to effortlessly transact business with hundreds of trading partners and manage tens of thousands of transactions per month without error. The overall costs for software execution and data storage have been significantly reduced, and the time to set up new trading partners and develop integration formats have been cut in half.
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