Flare Solutions Wins Queen’s Award for Enterprise Innovation

April 27, 2009 at 10:37 pm Leave a comment

Flare Solutions has won an award for its development and deployment of knowledge management software for oil and gas exploration and production (E&P) companies. Incorporating an advanced ontological approach, the software enables a company’s information assets to be catalogued (tagged), monitored, searched and linked to business processes.

The Queen’s Award is the highest honor that can be bestowed on a UK company and represents independent recognition of outstanding achievements in innovation. Her Majesty the Queen conferred the award after approving the recommendation from the Prime Minister. A celebratory reception will be hosted by the Queen in Buckingham Palace in July.

First deployed in 2004, the E&P Catalog information management software is now used in more than 31 different countries for business activities ranging from exploration assurance through field development and well delivery.

“To deliver pragmatic solutions across such a diverse set of users has been a significant challenge that has required some innovative solutions,” said Graham Ayres, development director at Flare Solutions. “This award acknowledges our achievements in this field and is a source of tremendous pride to all our development staff and consultants.”

At the core of Flare’s information management approach is a comprehensive E&P information model that links business processes through information structure. This is achieved through the built-in taxonomy and ontology (knowledge map) containing hundreds of thousands of relationships. This approach enables advanced, high-precision search techniques that allow users to find information easily using plain language.

One of the advanced functionality techniques combines process and information completeness in graphical “document dashboard” views, allowing management easy access to and management of information assets.

“This award recognizes the years of hard work we have put in as a team to build an approach which has proven to save companies time looking for information,” said Paul Cleverley, technical director.

Flare has operations in The Netherlands and Canada as well as in the UK. Alan Bays, President of Flare Canada, commented: “The rigorous selection process for the Queens Award requires the winner to demonstrate at least two years of proven commercial success for the innovation. Our recent growth in export sales has shown there is a strong global demand for our solution.”

“We are delighted to win this award; it demonstrates our commitment to delivering practical, innovative metadata solutions,” said Glenn Mansfield, business development director at Flare Solutions.

 

Advertisements

Entry filed under: Data & Knowledge Management. Tags: , , .

Knowledge Reservoir Updates Deepwater GOM Knowledge Base Airborne Technology Soars to New Heights

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s

Trackback this post  |  Subscribe to the comments via RSS Feed


April 2009
M T W T F S S
« Mar   May »
 12345
6789101112
13141516171819
20212223242526
27282930  

Recent Posts

Blog Stats

  • 53,188 hits

PetroComputing Tweets on Twitter


%d bloggers like this: