Case study luxoft to expedite release software luxoft for petris
For more information about Luxoft, visitwww.luxoft.comwww.luxoft.com/technology/case studyLeading Provider of Data Management TechnologyTaps Luxoft to Expedite Release of Its Key Product forEnergy CompaniesBy Leveraging Luxoft`s Expertise, Petris SuccessfullyRe-Engineers its Operations Management Suite to ServeLarger Oil and Gas Exploration & Production (E&P)Companies Around the Globe14.09.2012uu Summary: Petris was seeking a partner who could provide major systemupgrades, scalability, and complete re-engineering to the company’sproduction and drilling management solutions thus allowing them tobetter compete in the global energy market.uu Technologies Used: .Net 3.5 (WCF, WinForms), MS SQL 2008,MS SynchClienTPetris, headquartered in Houston, Texas, is a world-class technology solutionprovider for the energy industry. Through its network integration solutions andexpert technical support, Petris helps exploration and production (E&P) companiescapture, process, store, analyze, and share business critical data across an entireenterprise, enabling:uu Better, more timely decision-makinguu Reduced project cycle timesuu Reduced operating expenses
ChallengeResultsPetris development executives calculated that the project would require significantadditional resources. Since there was no practical way they could staff up intime, the decision was made to outsource much of the work in order to expeditecompletion and rollout.With Luxoft’s help, the Petris team has been able to successfully complete thedevelopment of the PetrisWINDS Operations Management Suite , enabling Petristo 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 runson information, which must be acquired, managed and shared to maximize itsvalue. With demand for oil and gas at an all-time high coupled with a growingshortage of critical skills, companies need solutions that help them make betterand 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 areoverloaded with well bore, seismic, drilling, production, interpretation andleasehold data, yet the management of that data is possibly the single mostimportant activity an energy producer can undertake.With over 500 customers around the world, Petris is a fast-growing Houston-basedcompany that pioneers innovative approaches to manage the vast universe of datainherent 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 marketingweb-based, vendor-neutral technology solutions to resolve large and complexdata management issues. These solutions enable oil and gas companies to realizeincreased value from their exploration, production and pipeline assets by greatlyreducing project cycle times and operating expenses.02Luxoft - Case Study
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 productswithin the suite include AFE Manager, Material Transfer Manager, Property Master,Well Lifecycle Manager, and Production Manager. These tools are used to addressspecific needs of oil field operations and to provide real-time access to operationaland financial information across the E&P enterprise.The previous product suite was functionally rich, but before the new versionof OMS could be introduced to all the energy companies worldwide, itneeded to be completely re-engineered to include several additional features,internationalization and scalability. The“next generation”project would bemassive, requiring significant skilled resources to complete. Since recruiting, hiringand training several people in time to meet their delivery goals was not practical,Petris management turned to the experts at Luxoft for onshore and offshoresupport.03Luxoft - Case StudyLuxoft Delivers with On-DemandTechnology ExpertiseAlthough Petris issued a formal RFP to three outsource vendor candidates, it wasLuxoft that quickly emerged as the clear choice. With nearly 3000 employees,Luxoft provides world-class innovation and added value to its clients throughflexible delivery models, the world’s best IT talent pool, low attrition rates, andhighest security and quality standards. Luxoft built its technology servicessuccess on a foundation of deep product engineering expertise. With this insight,along with knowledge of numerous technologies, off-the-shelf components andplatforms, Luxoft creates customized software solutions to meet clients’specializedrequirements.Established originally in 1995 as a software development center of IBS, the largestand most successful Russian IT holding company, Luxoft was incorporated as aseparate entity to focus on the growing market for offshore software services in theU.S. and Europe in 2000. Luxoft’s core value proposition is to help clients succeedin the marketplace by applying technology, services and engineering excellence tocomplex 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 hadprevious experience working closely with Luxoft’s parent company as well, so thatbecame 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 Managerfor Production and Drilling Management Solutions at Petris.“From an internalperspective, it’s been very stable.”The project was launched with just 3 Luxoft employees in October 2008. The teamwas ramped up to 12 Luxoft employees in Q2 2009, most of them were based inLuxoft’s St. Petersburg, Russia location.
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 toaccommodate changes.”AFE Manager, the rst product in the OMS suite to be released, was completed inApril 2009. Subsequently, the team released two additional products in September2009. The third release is planned for March 2010. The project is scheduledfor completion in the third quarter of 2010. With PetrisWINDS OperationsManagement Suite, Petris is now able to aggressively and condently target allenergy companies around the world.PetrisWINDS OperationsManagement Suite T Mwelcome screen