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Geotrace Launches Cloud-Based Solution to Streamline Operations for E&P Clients [Professional Services Close - Up](Professional Services Close - Up Via Acquire Media NewsEdge) Geotrace Technologies reported that it has integrated its proprietary technologies into a secure, private cloud-based solution specifically designed to provide E&P customers with better access to critical data and information. According to a release from the Company, in addition to hosting software applications and their clients' data, Geotrace's cloud server provides data service for non-cloud applications, and is able to connect with other cloud services. Geotrace also has implemented an encrypted certificate security system via a virtual private network to provide secure access to the cloud server. "By hosting our data and software applications on a single cloud server, we help our clients work more effectively and efficiently in today's global marketplace," said Bill Schrom, Geotrace CEO. "Each client shares the same map-based interface, resulting in an easily translatable user-experience and a more effective method of workplace communication. Most importantly, this service significantly reduces costs and the time-to-market for information, which is critical for an early stage oil and gas producer." Geotrace has fully integrated its proprietary cloud technology into functional service areas that include seismic interpretation, well and wireline, engineering, production, land and administration, and commercial and legal. Colorado Springs-based Fram Exploration is one of Geotrace's initial cloud customers. "With data access available any time of the day, without complicated software installations or expensive IT support costs, our employees can react more quickly and effectively to changing circumstances," said Dr. Paul O'Neill, exploration manager at Fram Exploration. "The concept of moving forward with technology captures the innovative spirit of Fram Exploration and its employees. With Geotrace's cloud server, Fram simplified and streamlined its IT systems to reflect the realities of an early stage exploration and production company with around-the-clock real-time operations." More information and complete details: www.geotrace.com ((Comments on this story may be sent to [email protected])) (c) 2014 ProQuest Information and Learning Company; All Rights Reserved. |