Excelerate Energy drives transformation with blockchain

Excelerate Energy is a global leader in floating LNG services and introduced floating storage and regasification units, or FSRUs, to the market. FSRUs convert LNG into natural gas shipside, removing the need to build time-intensive and expensive onshore infrastructure.

The Excelerate fleet is located around the globe, providing access points to LNG providers in Latin America, the Middle East, and the Far East. However, there was a need for a better view into its worldwide operations. It wanted end-to-end visibility around the supply chain, including how spare parts were moving, as well as the entire logistics lifecycle from supplier to third-party logistics to customs to husbandry agencies maintaining the fleet.

Excelerate worked with Capgemini to map the inputs and outputs in the entire procurement and supply-chain process. It identified not only the track-and-trace issues within the network and the transparency problems but also the operating expenses, cash flow, and working-capital backlogs.

Capgemini worked with Excelerate to implement blockchain functionality on the SAP Business Technology Platform as a natural way to solve the problem. Read how Capgemini’s support turned the impossible into a possibility.

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