SOURCE: CygNet Software

CygNet Software

September 30, 2009 09:15 ET

CygNet Software's Enterprise Operations Platform With GIS Information Now Available to the Oil and Gas Industry

Efficient Development and QA Cycles Speed CygNet 7.2 to General Release

SAN LUIS OBISPO, CA--(Marketwire - September 30, 2009) - CygNet Software, provider of the leading enterprise operations platform for the oil and gas industry, today announced that CygNet 7.2 is now generally available. Announced in April of this year as a major upgrade to the company's enterprise operations platform, CygNet 7.2 is the first solution to combine geographic information system (GIS) and asset management information with an operational SCADA module. Release 7.2 also improves access to and storage of the massive amounts of data generated by oil and gas companies.

Used by more than 100 leading companies across oil and gas exploration, production, and gas transportation to improve operational efficiency and market responsiveness, CygNet is the industry's most advanced solution for collecting, managing, and distributing data. CygNet is based on a proven, revolutionary network architecture that enables organizations to quickly turn raw data collected from diverse systems and devices into actionable information.

"CygNet is committed to helping our customers meet today's dynamic industry challenges, and one of the most important ways we do that is with a very efficient and customer-centric development cycle," said Chris Smith, chief executive officer of CygNet Software. "Our customers are intimately involved in helping us define and test our new features, and the speed with which we have been able to deliver CygNet 7.2 to market is a testament to the effectiveness of our development and QA processes."

By using resources more efficiently and optimizing their physical assets, oil and gas companies can increase production and lower costs, which in turn creates greater shareholder value. CygNet 7.2 supports these efforts by collecting and aggregating data from diverse field and business systems, then delivering contextually relevant, real-time information to every corner of the enterprise.

About CygNet 7.2

With CygNet 7.2 users across every business function and geography can prioritize and analyze massive amounts of real-time and historical information to support daily operations, strategic decision making, and regulatory reporting requirements.

Key enhancements of CygNet 7.2 include:

--  CygNet GIS Control -- CygNet 7.2 integrates the ESRI ArcGIS toolset,
    creating a single platform that consolidates GIS-based asset management,
    SCADA data, and information from core business applications. CygNet 7.2
    connects the previously disconnected silos of data, eliminating redundant
    data collection, decisions based on limited information, and lengthy manual
    data analysis.
    
--  Enhanced Historical Data Management and Visualization -- CygNet 7.2
    includes enhanced historical data management that enables immediate access
    to near-term operational data while allowing the import of longer-term data
    in the background. CygNet 7.2 also provides seamless access to charting and
    trending tools, and can easily enable access by third-party applications
    and tools.
    
--  More Efficient Field Data Transmission -- Enhanced GMR (Gas
    Measurement Repository) replication eliminates network connectivity issues
    and makes electronic flow measurement data collection and distribution more
    reliable and efficient, ensuring business users automatically have timely
    access to the most relevant, up-to-date field data.
    

About CygNet Software

CygNet Software leads the oil and gas industry with a new generation of enterprise operations software and solutions. Designed to create an information ecosystem, CygNet's platform enables organizations to improve operational efficiency and market responsiveness, while complying with increasing regulatory initiatives. Already more than 100 customers involved in oil and gas production, and gas transportation -- including most of the top 10 major independent gas producers in North America -- rely on CygNet to collect, manage, and distribute the vast amounts of diverse data produced across all facets of its enterprise operations. CygNet harnesses traditional silos of field, production, and business data, allowing users across every business function to prioritize and analyze real-time information to support daily operations and strategic decision making.

For more information, visit www.cygnetscada.com.

All products mentioned in the release are trademarks or registered trademarks of CygNet Software. All other trademarks, trade names, and/or product names are used solely for the purpose of identification and are the property of their respective owners.

Contact Information

  • Press Contact
    Jill Hara
    Kickstart Consulting for CygNet
    Email Contact
    (424) 212-3187