Case study luxoft to expedite release software luxoft for petris
1. For more information about Luxoft, visit
www.luxoft.com
www.luxoft.com/technology/
case study
Leading Provider of Data Management Technology
Taps Luxoft to Expedite Release of Its Key Product for
Energy Companies
By Leveraging Luxoft`s Expertise, Petris Successfully
Re-Engineers its Operations Management Suite to Serve
Larger Oil and Gas Exploration & Production (E&P)
Companies Around the Globe
14.09.2012
uu Summary: Petris was seeking a partner who could provide major system
upgrades, scalability, and complete re-engineering to the company’s
production and drilling management solutions thus allowing them to
better compete in the global energy market.
uu Technologies Used: .Net 3.5 (WCF, WinForms), MS SQL 2008,
MS Synch
ClienT
Petris, headquartered in Houston, Texas, is a world-class technology solution
provider for the energy industry. Through its network integration solutions and
expert technical support, Petris helps exploration and production (E&P) companies
capture, process, store, analyze, and share business critical data across an entire
enterprise, enabling:
uu Better, more timely decision-making
uu Reduced project cycle times
uu Reduced operating expenses
2. Challenge
Results
Petris development executives calculated that the project would require significant
additional resources. Since there was no practical way they could staff up in
time, the decision was made to outsource much of the work in order to expedite
completion and rollout.
With Luxoft’s help, the Petris team has been able to successfully complete the
development of the PetrisWINDS Operations Management Suite , enabling Petris
to greatly expand its target market to include companies of all sizes worldwide.
The exploration and production of oil and gas is a global, 24/7 business that runs
on information, which must be acquired, managed and shared to maximize its
value. With demand for oil and gas at an all-time high coupled with a growing
shortage of critical skills, companies need solutions that help them make better
and faster decisions while preserving knowledge and reducing risk.
Oil and gas assets are by their very nature data intensive. With modern acquisition,
networking and collaboration technology, Energy industry managers are
overloaded with well bore, seismic, drilling, production, interpretation and
leasehold data, yet the management of that data is possibly the single most
important activity an energy producer can undertake.
With over 500 customers around the world, Petris is a fast-growing Houston-based
company that pioneers innovative approaches to manage the vast universe of data
inherent in the energy industry. By leveraging the power of network technologies,
Petris enables company-wide access to business critical assets including data,
information, software, and knowledge.
Since the mid-1990’s, Petris has been successfully developing and marketing
web-based, vendor-neutral technology solutions to resolve large and complex
data management issues. These solutions enable oil and gas companies to realize
increased value from their exploration, production and pipeline assets by greatly
reducing project cycle times and operating expenses.
02Luxoft - Case Study
3. One of the firm’s key products is PetrisWINDS Operations Management Suite™
(OMS), the industry’s first fully integrated, enterprise solution for managing,
storing, processing, and analyzing drilling and production data. The key products
within the suite include AFE Manager, Material Transfer Manager, Property Master,
Well Lifecycle Manager, and Production Manager. These tools are used to address
specific needs of oil field operations and to provide real-time access to operational
and financial information across the E&P enterprise.
The previous product suite was functionally rich, but before the new version
of OMS could be introduced to all the energy companies worldwide, it
needed to be completely re-engineered to include several additional features,
internationalization and scalability. The“next generation”project would be
massive, requiring significant skilled resources to complete. Since recruiting, hiring
and training several people in time to meet their delivery goals was not practical,
Petris management turned to the experts at Luxoft for onshore and offshore
support.
03Luxoft - Case Study
Luxoft Delivers with On-Demand
Technology Expertise
Although Petris issued a formal RFP to three outsource vendor candidates, it was
Luxoft that quickly emerged as the clear choice. With nearly 3000 employees,
Luxoft provides world-class innovation and added value to its clients through
flexible delivery models, the world’s best IT talent pool, low attrition rates, and
highest security and quality standards. Luxoft built its technology services
success on a foundation of deep product engineering expertise. With this insight,
along with knowledge of numerous technologies, off-the-shelf components and
platforms, Luxoft creates customized software solutions to meet clients’specialized
requirements.
Established originally in 1995 as a software development center of IBS, the largest
and most successful Russian IT holding company, Luxoft was incorporated as a
separate entity to focus on the growing market for offshore software services in the
U.S. and Europe in 2000. Luxoft’s core value proposition is to help clients succeed
in the marketplace by applying technology, services and engineering excellence to
complex problems and critical business issues.
Petris managers were impressed with Luxoft’s technological expertise,
competence, and credentials, as well as their low corporate turnover. The firm had
previous experience working closely with Luxoft’s parent company as well, so that
became another positive determining factor in awarding the contract. Of course,
Luxoft’s competitive pricing helped tipped the scales in their favor.
“We are very impressed with Luxoft,”says Prakash Roopani, Development Manager
for Production and Drilling Management Solutions at Petris.“From an internal
perspective, it’s been very stable.”
The project was launched with just 3 Luxoft employees in October 2008. The team
was ramped up to 12 Luxoft employees in Q2 2009, most of them were based in
Luxoft’s St. Petersburg, Russia location.
4. 04Luxoft - Case Study
“This was our rst experience working with a Russian-based outsource partner,”
Roopani adds.“They were very professional, responsive and always willing to
accommodate changes.”
AFE Manager, the rst product in the OMS suite to be released, was completed in
April 2009. Subsequently, the team released two additional products in September
2009. The third release is planned for March 2010. The project is scheduled
for completion in the third quarter of 2010. With PetrisWINDS Operations
Management Suite, Petris is now able to aggressively and condently target all
energy companies around the world.
PetrisWINDS Operations
Management Suite T M
welcome screen