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Safran Software Solutions and Hyde Park Solutions Announce Partnership to Boost Project and Programme Governance Effectiveness in Oil and Gas Projects


August 19, 2014 - London, United Kingdom

LONDON, UNITED KINGDOM--(Marketwired - August 19, 2014) - Safran Software Solutions (Safran), a premier provider of Enterprise Project Portfolio & Risk Management (EPPRM) software to support complex project delivery, and Hyde Park Solutions, a leading Project and Portfolio Management consultancy specialising in portfolio and investment management practice have joined in a strategic partnership aimed at helping Oil and Gas firms to drastically improve project and programme governance for more reliable project delivery. Their combined skills and resources will support the full life cycle of programme investment, from investment selection through detailed planning, risk management, and execution, in a single technology.

For more than 13 years, Safran has supported major Oil & Gas companies in meeting international project and programme governance requirements in a single technology platform including comprehensive planning, risk management, earned value management and status reporting. Hyde Park Solutions has worked with many of the same customers to provide a combination of technology and best practices in the areas of strategic portfolio management and investment analysis, and will now extend their range of technologies and services to offer Safran software and support for the project life cycle. Safran and Hyde Park Solutions customers include ABB, Aker Solutions, Neste Oil, and Statoil.

Together, Safran and Hyde Park Solutions will offer an advanced alternative to other legacy systems and less effective project governance processes to help heavy asset industrial customers increase the speed of project control software's time-to-value, better forecast project risk, and achieve more timely and reliable project reporting for on-budget and on-time delivery.

"Safran offers a comprehensive solution set to support the most mature of project management processes," said Joe Bole, Director of Hyde Park Solutions. "Our clients demand a modern set of technology, services and training solutions that not only addresses modern project and business challenges, but sets them apart from the competition. We are pleased to offer Safran products as part of that offering." 

"Partnering with Hyde Park Solutions will allow Oil and Gas companies to manage all aspects of project governance in a single platform, supported and delivered by experienced consultants, and without the need for expensive product integrations and additional reporting tools," said Richard Wood, Safran VP of International Sales. "Our partnership with Hyde Park Solutions offers new alternatives for project teams that have historically relied on disparate project planning, scheduling and risk management solutions that restrict the ability to flexibly accommodate project change early and often."

About Safran Software Solutions
Safran Software Solutions, headquartered in Stavanger with offices in Houston, London and Oslo, is a leading provider of Enterprise Project Portfolio & Risk Management (EPPRM) software solutions to project- and asset-intensive industries. Safran is recognized globally for streamlining the EPPRM process while elevating project delivery confidence through its integrated project reporting, risk and change management capabilities. Safran prides itself on speed of product adoption and customer satisfaction which ensure the greatest value for its customers. Safran is laser-focused on enabling the success of project control teams. To learn more about project success achieved by Safran clients like Statoil, Aker Solutions and ABB, visit www.safran.com.

About Hyde Park Solutions
Hyde Park Solutions is a leading provider of Best Practice solutions for Project and Portfolio Management. We help organisations to create, develop, and maintain, sustainable competitive advantage via strategic business change. Our teams have worked many different organisations over the years, in varied industries and sectors, giving us unrivalled consultancy experience in Project and Portfolio Management. This experience allows us to share common Best Practice all across our client base, regardless of industry. We deliver customised business and technical solutions supported by best practice governance, process and technology frameworks that will help your organisation compete with the best. For more information, visit www.hydeparksolutions.com.

PRESS CONTACT:
Katie Hall
Safran Software Solutions
Corporate Marketing Manager
Katie.Hall@safran.com

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