From the Wires
Tarmin Drills for Success in Oil and Gas Industry
GridBank helps Premier Oil chart a new course in geo-distributed data management to maximize efficiency and gain new advantage
By: PR Newswire
Nov. 5, 2012 08:31 AM
CAMBRIDGE, Mass., Nov. 5, 2012 /PRNewswire/ -- Tarmin, Inc., provider of innovative, cloud-optimized data management and storage technologies and their partner, Eurotech Computer Services Ltd, a UK-based IT technology integrator and services provider, announces that Premier Oil, a leading FTSE 250 exploration and production company, has chosen to evaluate Tarmin GridBank to help optimize their fast-growing globally distributed data.
London-based Premier [LSE: PMO] is enjoying strong growth, primarily from successful operations in the North Sea, Southeast Asia and the Middle East-Africa-Pakistan region. As new technologies revolutionize the fields of mapping and data analysis, Premier has experienced marked increase in data volumes. Premier has chosen to evaluate the Tarmin GridBank platform in a bid to maximize the value of fast-growing data and contain costs.
With data growth a top concern for upstream oil and gas companies, the GridBank solution delivers a compelling message: Harness the power of the cloud to improve storage cost efficiencies, reduce risk and drive more insightful decisions from geographically dispersed unstructured data.
"The rapid growth of our company, through value enhancing acquisitions and successful exploration, is generating more and more data, much of it in isolated pools," says David Edwards, Group Head of IS at Premier. "The aim is that GridBank will allow us to organise, store and protect our G&G data and create a platform for improving business efficiency while reducing TCO."
Speaking on behalf of Tarmin, President and CEO, Shahbaz Ali added, "GridBank is uniquely positioned to deliver value to oil and gas companies. With native support for O&G file formats, a superior security framework, unmatched scalability and geographic availability, GridBank is poised to become the solution of choice for upstream O&G companies to intelligently manage their rapidly expanding data. We are excited to be working with Premier and look forward to a successful relationship."
GridBank addresses the key challenges faced by organizations seeking to better manage existing heterogeneous infrastructures or build multi-site, distributed data repositories. It provides highly available, application aware access to information for users in pursuit of improved operational efficiencies, strategic undertakings, responses to compliance mandates and analytic requirements. GridBank empowers clients to lower costs in storing enterprise scale workloads while benefiting from its information governance framework for controlling risk and its big data analytic functionality for understanding information.
"As technology specialists, we are excited to represent Tarmin with the innovative GridBank platform," said Tony Klapcia of Eurotech Computer Services. "The oil and gas industry works under the most demanding conditions imaginable and it's no surprise they demand robust, secure solutions that get the job done no matter what. GridBank is one of the most exciting offerings available; we recommend it highly."
SOURCE Tarmin, Inc.
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