Client:

Client:
One of the world's leading integrated petroleum and chemical companies, Amerada Hess blends an entrepreneurial spirit with an understanding of the markets they serve. The company has grown steadily to become a major force in the international petroleum industry.

At home and abroad, Hess explores millions of promising acres both onshore and offshore. Thousands of wells produce oil and gas from our substantial reserves. The company's refineries, among the industry's most sophisticated and efficient, produce quality fuel oils, gasoline and other petroleum products. Hess operates a large fleet of tankers and other specialized vessels and has extensive storage capacity, the largest on the East Coast of the United States.

Objective:
Analyze returns on IT investments in a timely manner. With IT spending continually growing larger and recovery requirements becoming more complex, the ability to cut costs associated with these processes was critical.

Solution:
The information presented on ITParade.com, gathered from worldwide sources, provides for quick identification of market values. Market valuations for new and used IT equipment, previously determined internally, are now accomplished faster on the ITParade.com web marketplace.

Results:
Amerada Hess employees can more quickly and accurately identify potential savings.