A major SAP migration is already benefitting ExxonMobil, said its CEO, as it builds a new core data platform to centralise operations, streamline ERP upgrades, and cut 97% of profit centres.

In a Q4 earnings call, CEO Darren Woods said the migration was “already delivering results” as the oil and gas company combines 12 ERP systems into a single S/4HANA instance.

“We're going to have 97% fewer profit centres, 70% fewer cost centres," CFO Kathy Mikells added in the 30 January call.

Get the full story: Subscribe for free

Join peers managing over $100 billion in annual IT spend and subscribe to unlock full access to The Stack’s analysis and events.

Subscribe now

Already a member? Sign in