Archive for June, 2010

WellPoint Systems participating in Oil and Gas Industry Software Initiative

Monday, June 14th, 2010

CALGARY, Alberta – June 14, 2010 – WellPoint Systems Inc., (TSX-V:WPS), provider of software and solutions designed to transform complex data into business insight for oil and gas industry executives, is participating in a global effort to bring together two strategic objectives: Industry Focus and Technology Direction.

The Microsoft Upstream Reference Architecture Initiative will develop on-going consensus for an information technology (IT) framework for the global upstream oil and gas industry. Created in close alignment with Microsoft Corp. and its widespread ecosystem of industry software vendor and systems integrator partners, this initiative is an ongoing collaborative effort to create a common architectural approach to IT to further the flow of information across all upstream business units. This design enables multiple parties using numerous technologies to work together efficiently, integrating business applications, processes, people and data to facilitate more consistent workflows across and within organizations.

“WellPoint Systems brings a unique blend of industry expertise and technology innovation to the Microsoft Upstream Reference Architecture Initiative,” said Ali Ferling, managing director of Worldwide Oil and Gas Industries at Microsoft. “With its focus on back office operations within an upstream oil and gas company, WellPoint’s commitment to this architecture will help its customers realize major productivity gains through the integration of business processes, people and workflows across upstream business units.”

“We are committed to the Microsoft Upstream Reference Architecture Initiative as a solid foundation for offering integrated solutions that extend the business value of IT investments to our customers. This framework provides a clear direction to the industry that ensures ISVs & SIs can expand products and services within a broad alliance,” said Michael Weiss, senior vice president of products and technology for WellPoint Systems. “Our customers will benefit from more choice when selecting business critical solutions, and the confidence to know that these solutions will work together into the future.”

Click here to read more about the Microsoft initiative.

  • Share/Bookmark

The Digital Oil Field: Is It Hitting the Bottom Line?

Friday, June 11th, 2010

Catherine Madden, Senior Research Analyst for IDC Insights, recently blogged about her opportunity to speak at an executive breakfast briefing hosted by WellPoint Systems in Houston, Texas regarding the value being delivered from the digital oil field. While most of the largest oil and gas companies in the world have a digital oil field strategy, the vision and approach varies by company. As the application of the digital oil field has matured, a clearer picture is developing on best practices, but what continues to elude companies is metrics for the return on investment (ROI). Click here to read more:

  • Share/Bookmark