Advanced level of digital production. ITPS Group of Companies ranks high in "IT Leaders For Industry 2023" Ratings

On April 25, 2023, the business portal "Production Management" published the IT Leaders for Industry 2023 ranking. Participants included leading Russian IT companies and holdings that have achieved success in the manufacturing sector, with the ITPS group of companies being among the competitors. This is the seventh time it has been part of the "Production Management" portal's ratings and firmly occupies high positions in various areas.

This year, ITPS occupied 2nd place in "Corporate Information Management Systems (ERP)," "Asset Management and MRO (EAM)," and "Performance Management (BI, CPM)," improving upon last year's results by 2, 2, and 3 spots respectively. It took 3rd place in "Oil and Gas Complex" and "Human Resources Management (HRM)," 4th place in "Production Management (APS, MRP, MES, MDC/MDA)" and "Logistics Management (Purchasing, SCE, SCM, WMS, TMS)." Like the previous year, ITPS occupied 4th place in the general category "IT Leaders for Industry of Russia."

According to Leonid Tikhomirov, Chairman of the Board of Directors of the ITPS Group of Companies, the oil and gas sector continues to demonstrate significant activity in the area of digitalization. Great attention is being paid to increasing the efficiency of asset management via "Industry 4.0 technologies" like integrated modeling and constraint models. Last year, the ITPS group of companies was able to successfully implement production management processes based on AVIST Oil & Gas' own development for production management that itself was based on integrated simulation. This experience provides ITPS with the chance to create "smart deposits" entirely on domestic technologies.

"Time is the most critical resource at present. Some large holdings are still implementing multi-stage digital transformation programs according to their roadmaps. Yet, most companies don't possess this luxury, they need to quickly achieve the functionality they require and reach their target result. We see the solution to this difficult task via a service approach. In 2022, we actively cooperated with mining and petrochemical companies, LNG producers, that is, with those industries where we have already gained good expertise. A number of projects have been implemented to digitalize those business processes that have the greatest impact on the economics of production. As a result, our customers are turning to economically sound methods of enterprise management, while saving time and money," Leonid Tikhomirov underscored.