"Geosteering technologies" company became a participant of the largest annual SAP business forum in the CIS on April 11-12 - SAP Forum 2018. More than 6,000 participants gathered in Moscow to discuss the impact of newest technologies on business performance. The scale of the forum can be judged by the numbers: 9 parallel sessions that combined more than 80 reports, 70 SAP stands, clients and partners, representing innovative technologies of the modern world: Big data, the Internet of things, computer-aided learning, blockchain, Clouds and SAP S / 4HANA.
The experts of "Geosteering technologies" considered the participation in this event as an opportunity to present the industry a new solution that is being developed jointly with SAP. This is Drilling Optimizer platform. It solves one of the current problems of oil companies - aggregating information from various sources and large amounts of data analysis to build models for wells drilling. The team that provides the drilling process will be able to work in a common data environment, which is extremely important for increasing the productivity of the interaction and increasing the synergistic effect. This innovation will reduce non-productive drilling time by 5-7% and will allow using the available data by far more efficiently and it will increase the safety of oil extraction process.
"We believe that participation in the forum was productive for us, -comments Alexey Sobolev, Director on Technology and Innovation of "Geosteering technologies" company. - The effectiveness of such events is estimated by the number of useful contacts. We had an opportunity to communicate with representatives of the largest oil and gas companies of Russia - Sakhalin Energy, Gazpromneft, Siberian Service Company and others. We hope that the proposed technological solution developed jointly with SAP, when implemented, will give them tangible competitive advantages".
By the way, the platform Drilling Optimizer participates in the final of GenerationS accelerator, which will be held on April 27.