Two upstream Petroleum software specialists – Petrosys 'the mapping guru' and risked resource & value ‘assessment wizard’ GeoKnowledge – are teaming up.
These industry leaders share a common vision. Both understand that continuous investment in new product development and strategic partnerships are vital to leverage specialist expertise that delivers more effective and efficient exploration decision-making. Under the teaming agreement, the partners expect to promote better integrated access to a growing range of analytic and mapping tools that are already a core part of the EP toolbox for over 3000 users at some 300 sites globally.
Petrosys CEO Volker Hirsinger is enthusiastic about the synergy between the two vendors, saying 'Access to GeoKnowledge's exemplary play and prospect evaluation tools will allow Petrosys users to better quantify their geotechnical assessments by effectively incorporating their understanding of risks and uncertainties. Existing corporate data sources accessed through Petrosys maps will provide a new level of support to exploration decision making when linked to GeoX's stochastic asset information.'
GeoKnowledge CEO Charles Stabell sees visualization providing complementary decision support, saying 'Petrosys established mapping and 3D visualisation tools, and their practical approach to fitting in with diverse GIS and information management strategies, make them a logical choice for extending the spatial functionality of GeoX. Improved visualization will provide greater understanding of risk and uncertainty in exploration and exploitation opportunities.’
Asia-Pacific information security company Vectra Corporation has recruited an aspiring “iron man” and former EDS executive who held the role of IT Chief Security Officer for the Commonwealth Bank as a Senior Security Consultant at its Sydney office.
Kelvin Heath, a keen triathlete who was previously regional compliance manager for EDS, will provide IT security advice to Vectra clients with a focus on assisting them to comply with the Payment Card Industry Data Security Standard (PCI DSS) V1.1, established in late 2006 by all major credit card brands.
Kelvin has a wealth of experience from throughout the IT sector including computer operator, programmer, analyst, IT auditor, audit manager and diverse security management roles. His qualifications include Certified Information Systems Manager (CISM), Certified Information Systems Security Professional (CISSP), Certified Information Systems Auditor (CISA) and Qualified Security Assessor (QSA).
Utilising his vast auditing and consulting experience in the financial services sector, Kelvin’s primary role is to provide PCI DSS audit, assessment and remediation assistance to Vectra clients.
Asia-Pacific information security company Vectra Corporation is positioned for stronger growth after a global technology company purchased a majority shareholding in the Australian-based business.
CDC Software, a subsidiary of CDC Corporation, which provides industry-specific enterprise software applications and business services, has taken a controlling stake in Vectra, a leading provider of information security consulting services, managed services and enterprise security solutions.
The investment in Vectra provides a strategic fit with Praxa Limited, CDC Software's consulting services company in Australia; This significantly strengthens CDC Software’s position in the IT security and services market in the Asia-Pacific region.
Vectra’s founding managing director Chris Smerdon will continue to lead the company, which employs about 60 people at offices in Adelaide, Sydney and Singapore. The current operational and staffing structure of the business will remain unchanged.