RADA-AMS: Energy and Innovation for the 21st Century
The Asset Management Solution (AMS) developed by our Research and Data Analytics (RADA) team is poised to advance oil and gas operations.
The RADA-AMS was created to optimize the use of technology and data in decision-making. This is achieved by integrating data acquisition and analytics across the organization.
Traditional asset management processes for most E&P players are often hampered by information asymmetry, multiple sources of truth, a lack of data integration, and long data-to-insight cycles, leading to missed opportunities and inefficiencies.
This will represent by traditional spreadsheet-based workflows which E&P asset management teams must ditch for digital frameworks to keep pace with the increasing need for operational efficiency and greater value creation.
RADA AMS addresses these challenges. This cutting-edge digital solution streamlines asset management workflows, ensures near real-time data democratization and accuracy, and enhances data-driven decision-making.
This allows the creation or modification of existing business processes, culture, and customer experiences to meet evolving business and market demands. RADA’s vision is to reimagine operations by building a data-driven organization.
Newcross Petroleum Limited and NewcrossEP Companies are leading Nigerian E & P companies. One of the core values driving our success is innovation, amply demonstrated by RADA-AMS. This solution offers Digital transformation—business process re-engineering through digital technologies— and it’s crucial for achieving operational excellence.
