Valero will work with SAP to combine both companies’ industry expertise with product offerings from SAP to create a scalable global IT landscape across Valero’s offices and 16 oil refineries throughout the US, Canada and the Caribbean.
The agreement is expected to extend SAP’s offering of enterprise software to address demands of an oil and gas industry marked by rising costs, increased global competition and complex supply chains.
Hal Zesch, senior vice president and CIO of Valero, said: “We are looking forward to leveraging the global enterprise agreement with SAP as we aim to drive innovation and efficiency in our core business operations. We see this relationship as highly strategic, seeking to create value both for SAP and Valero. Initiatives that encourage and enable innovation must be incorporated into a company’s operations to stimulate growth.”
Bill McDermott, member of executive board and president, global field operations, SAP, said: “Valero’s extended commitment to SAP as its strategic business partner is a testament to SAP’s continuing leadership and innovation across diverse industries. In adding Valero to our respected list of GEA customers, we further demonstrate the value that the broad portfolio of SAP solutions brings to the world’s most innovative and successful companies.”
