5 Steps to Successful Software Selection for IT Professionals in Oil & Gas
With the drop in oil prices, the process for selecting the right software product can be complicated and daunting, especially when the costs to purchase, implement and maintain the product can be in the hundreds of thousands to millions of dollars. Improper selection of a software product results in a direct impact to information management and business processes for the purchasing company. Improper software selection frequently results in a range of problems, including a loss of money in software investment, unhappy users, or even the loss of your job. Additionally, choosing a tool that only works for the present can result in unforeseen business process bottlenecks that can inhibit growth in the long run.
By our count, there are more than 500 COTS energy software products available today, and for nearly every one of those products, there is a new start-up company trying to break into the marketplace with a new product — not every vendor lives up to its own marketing hype. While nobody understands your business better than you and your team, without technical knowledge it can difficult to sift through the myriad of options for a solution that can integrate with your current software systems in addition to fitting your business process.
Veteran software expert and Entrance Manager, Eric Carlson, will share 5 essential steps to navigate you through a successful software selection process, specifically how to:
- Select and assemble your evaluation team
- Identify software selection criteria
- Perform the initial investigation
- Cut down to a short list
- Make a fact-based decision
This event is complimentary to attend, but we ask that you please RSVP so that we may plan for food and seating.
Where: III Forks Restaurant in downtown Houston, 1201 San Jacinto Street, Houston, TX 77002 [get directions]
Date: Thursday, January 22, 2015
Time: 11:30 a.m. – 1:00 p.m.
VALET PARKING IS COMPLEMENTARY FOR ALL LUNCHEON ATTENDEES
About Eric Carlson:
Eric has over 12 years of professional experience in software development, data management and project management. His energy industry experience spans all segments including upstream, midstream, downstream and services.
Eric is a Rice University graduate, and got his start at Weatherford before joining Entrance, and manages a multi- million dollar project portfolio annually across many clients in the energy and energy related services industries.
Click here to connect with Eric on LinkedIn
Entrance designs and builds insightful software solutions that unlock the value of information assets. We provide business and software consulting services to the entire energy value chain to connect decision makers with actionable information.The exponential growth of data production in both conventional and unconventional assets necessitates new approaches to how people filter and consume information to make the best decisions. Our intelligent systems engineering approach, oil and gas industry expertise, and ability to execute create value and mitigate risks for our clients.
We believe that information is an oil and gas firm’s largest untapped resource. There is no one size fits all solution, so Entrance always starts projects by examining a specific client’s needs and then utilizing the technology that meets that need best