Visualizing Strategic Business Process Management
Short summary:
The complex business processes used in oil and gas exploration and production require a ... automated enterprise business process management (BPM) UPSTREAM IIT ...
Long summary:
Visualizing Strategic Business Process Management The complex business processes used in oil and gas exploration and production require a hybrid of knowledge and information delivered in a contextualized and structured style to aid in effective decision-making. The process of streamlining information and appropriately displaying that information for executive decision-makers can be key to an oil companys bottom-line success. PointCross, Inc. delivers automated enterprise business process management (BPM) UPSTREAM IIT N NEWS Business Process Management 22 Reproduction by any means is illegal and punishable by fines of up to $50,000 per violation. Copyright ©2005 by Zeus Development Corporation. Upstream CIO February 2005 solutions for global asset and program management to help decision-makers work more quickly and efficiently. The companys Orchestra platform delivers a business information framework that enables organizations to streamline their processes by contextually organizing knowledge-intensive activities as well as managing all the relevant communications and content. E&P companies can assess opportunities for investment and monitor the growth and maturity of their portfolio value through a closed loop system that codifies budget strategies and controls the processes that can turn opportunities into assets and assets into more opportunities. One such client is Petro Andina Resources, Inc. of Calgary, Alberta, Canada. Petro Andina uses Orchestra both as the corporate information infrastructure for its business operations, and to automate its well lifecycle management processes. While PointCross proprietary enterprise software can manage knowledge-intensive processes, Petro Andina needed to access, visualize and navigate through complex information more quickly and easily. PointCross therefore partnered with Corda Technologies to provide its PopChart and OptiMap charting, graphing and mapping software to feed live XML data into Orchestra in real time, providing an attractive presentation to the decision-maker. Before implementing Cordas solution, the burden of transferring collective data to viewable charts was cumbersome at best. Most of the work was done manually, and static charts and graphs often relied on outdated information. Collection and preparation of charts was an onerous and expensive process that took from hours to days to complete. Because PopChart and OptiMap are now seamlessly incorporated into Orchestra, PointCross can flow live XML data feeds into the charting and mapping application, giving clients real-time visibility into their business processes. Corda has alleviated a great deal of pain for us, said Shree Nath, director of technology for PointCross. It allows our systems to link up directly to a live charting application where visual presentations draw from the most recent data, instead of users having to process the data and then manually chart it. This helps transform business decision-making into a ...
Source: www.corda.com
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