Welcome!

News Feed Item

Prominent Oil and Gas Producer to Deploy CriticalControl Cloud-Based Solutions

CALGARY, ALBERTA -- (Marketwired) -- 02/21/14 -- CriticalControl Solutions Corp. (TSX: CCZ) is pleased to announce that a prominent Western Canadian based oil and gas producer ("Producer") has selected ProTrend and ProMonitor Risk + Integrity, two CriticalControl cloud-based solutions for oil and gas production data, for deployment in its Canadian operations.

ProMonitor Risk + Integrity is a data-driven solution that helps oil & gas producers monitor the risk and integrity of their pipeline assets. It is the newly developed module of CriticalControl's ProMonitor platform and leverages the same Geographic Information System (GIS) map-based interface that underpins the ProMonitor data-driven measurement schematics module that CriticalControl launched in 2013.

ProTrend provides producers with a centralized system for the management of oil & gas composition analysis information and integrates with ProMonitor Risk + Integrity to provide producers with critical data needed for pipeline risk analysis.

"The development of our second ProMonitor module and its rapid adoption by a growing producer in Canada is an endorsement of the ProMonitor platform," said Alykhan Mamdani, President and CEO of CriticalControl. "In addition to being a new product, ProMonitor Risk + Integrity provides further utility to the Corporation's cloud-based ProTrend application".

The deployment of both the ProMonitor Risk + Integrity and ProTrend solutions across the Producer's corporate environment is expected to take place over the course of the next four months with estimated revenue potential for CriticalControl of $740,000 over three years.

About ProMonitor Risk + Integrity

ProMonitor Risk + Integrity integrates, cross-references and validates a variety of public and private data, which is then used to generate visual depictions of the various pipeline and gathering systems. Both the data and the visuals are securely accessed through a Geographic Information System (GIS) map-based web interface. The solution uses proprietary risk scoring algorithms that account for a wide variety of factors and alerts producers to issues within their gathering systems. In so doing, ProMonitor Risk + Integrity helps producers address issues of environmental concern and focus their risk mitigation and response efforts for maximum efficiency and productivity.

About ProTrend

ProTrend is CriticalControl's solution that provides oil & gas producers with a centralized system for the ongoing management and leveraging of oil & gas composition analysis information for the purposes of regulatory compliance, measurement accuracy and maximization of well production.

ProTrend allows producers to set standards for oil & gas composition on a well-by-well basis and alerts them to trends and differences that require intervention, creating significant, measurable efficiencies.

ProTrend is currently used to manage composition data for over 150,000 measurement points in Canada and is in the process of being adapted for use by producers in the United States.

Forward Looking Statements

This press release contains expectations of revenue to be derived from the Producer's selection of the Corporation's ProTrend and ProMonitor Risk + Integrity solutions. The actual contract with the Producer is based on the number of measurement points added to ProTrend and the number of pipeline segments implemented on the ProMonitor Risk + Integrity software. Actual revenue may differ in the event the Producer's assets change in size during the course of the contract. ProMonitor Risk+ Integrity is a new offering and expectations related to implementation are subject to risk given the lack of maturity of the final product.

About CriticalControl

In a world of escalating globalization, with an increasingly transient workforce, enterprises have difficulty maintaining their knowledge and are forced to focus on their key market advantages to remain competitive. CriticalControl provides these enterprises with secure and cost-effective solutions for the completion of document and information intensive business processes through an integrated offering of software, outsourced services and optimized business processes.

Contacts:
CriticalControl Solutions Corp.
Alykhan Mamdani
President & CEO
403.705.7500

More Stories By Marketwired .

Copyright © 2009 Marketwired. All rights reserved. All the news releases provided by Marketwired are copyrighted. Any forms of copying other than an individual user's personal reference without express written permission is prohibited. Further distribution of these materials is strictly forbidden, including but not limited to, posting, emailing, faxing, archiving in a public database, redistributing via a computer network or in a printed form.

Latest Stories
SYS-CON Events announced today that DXWorldExpo has been named “Global Sponsor” of SYS-CON's 21st International Cloud Expo, which will take place on Oct 31 – Nov 2, 2017, at the Santa Clara Convention Center in Santa Clara, CA. Digital Transformation is the key issue driving the global enterprise IT business. Digital Transformation is most prominent among Global 2000 enterprises and government institutions.
SYS-CON Events announced today that Grape Up will exhibit at SYS-CON's 21st International Cloud Expo®, which will take place on Oct. 31 – Nov 2, 2017, at the Santa Clara Convention Center in Santa Clara, CA. Grape Up is a software company specializing in cloud native application development and professional services related to Cloud Foundry PaaS. With five expert teams that operate in various sectors of the market across the U.S. and Europe, Grape Up works with a variety of customers from emergi...
With Cloud Foundry you can easily deploy and use apps utilizing websocket technology, but not everybody realizes that scaling them out is not that trivial. In his session at 21st Cloud Expo, Roman Swoszowski, CTO and VP, Cloud Foundry Services, at Grape Up, will show you an example of how to deal with this issue. He will demonstrate a cloud-native Spring Boot app running in Cloud Foundry and communicating with clients over websocket protocol that can be easily scaled horizontally and coordinate...
From 2013, NTT Communications has been providing cPaaS service, SkyWay. Its customer’s expectations for leveraging WebRTC technology are not only typical real-time communication use cases such as Web conference, remote education, but also IoT use cases such as remote camera monitoring, smart-glass, and robotic. Because of this, NTT Communications has numerous IoT business use-cases that its customers are developing on top of PaaS. WebRTC will lead IoT businesses to be more innovative and address...
21st International Cloud Expo, taking place October 31 - November 2, 2017, at the Santa Clara Convention Center in Santa Clara, CA, will feature technical sessions from a rock star conference faculty and the leading industry players in the world. Cloud computing is now being embraced by a majority of enterprises of all sizes. Yesterday's debate about public vs. private has transformed into the reality of hybrid cloud: a recent survey shows that 74% of enterprises have a hybrid cloud strategy. Me...
The question before companies today is not whether to become intelligent, it’s a question of how and how fast. The key is to adopt and deploy an intelligent application strategy while simultaneously preparing to scale that intelligence. In her session at 21st Cloud Expo, Sangeeta Chakraborty, Chief Customer Officer at Ayasdi, will provide a tactical framework to become a truly intelligent enterprise, including how to identify the right applications for AI, how to build a Center of Excellence to...
Most companies are adopting or evaluating container technology - Docker in particular - to speed up application deployment, drive down cost, ease management and make application delivery more flexible overall. As with most new architectures, this dream takes a lot of work to become a reality. Even when you do get your application componentized enough and packaged properly, there are still challenges for DevOps teams to making the shift to continuous delivery and achieving that reduction in cost ...
In his session at 20th Cloud Expo, Scott Davis, CTO of Embotics, discussed how automation can provide the dynamic management required to cost-effectively deliver microservices and container solutions at scale. He also discussed how flexible automation is the key to effectively bridging and seamlessly coordinating both IT and developer needs for component orchestration across disparate clouds – an increasingly important requirement at today’s multi-cloud enterprise.
DevOps at Cloud Expo, taking place October 31 - November 2, 2017, at the Santa Clara Convention Center in Santa Clara, CA, is co-located with 21st Cloud Expo and will feature technical sessions from a rock star conference faculty and the leading industry players in the world. The widespread success of cloud computing is driving the DevOps revolution in enterprise IT. Now as never before, development teams must communicate and collaborate in a dynamic, 24/7/365 environment. There is no time to w...
Recently, WebRTC has a lot of eyes from market. The use cases of WebRTC are expanding - video chat, online education, online health care etc. Not only for human-to-human communication, but also IoT use cases such as machine to human use cases can be seen recently. One of the typical use-case is remote camera monitoring. With WebRTC, people can have interoperability and flexibility for deploying monitoring service. However, the benefit of WebRTC for IoT is not only its convenience and interopera...
Vulnerability management is vital for large companies that need to secure containers across thousands of hosts, but many struggle to understand how exposed they are when they discover a new high security vulnerability. In his session at 21st Cloud Expo, John Morello, CTO of Twistlock, will address this pressing concern by introducing the concept of the “Vulnerability Risk Tree API,” which brings all the data together in a simple REST endpoint, allowing companies to easily grasp the severity of t...
Any startup has to have a clear go –to-market strategy from the beginning. Similarly, any data science project has to have a go to production strategy from its first days, so it could go beyond proof-of-concept. Machine learning and artificial intelligence in production would result in hundreds of training pipelines and machine learning models that are continuously revised by teams of data scientists and seamlessly connected with web applications for tenants and users.
When shopping for a new data processing platform for IoT solutions, many development teams want to be able to test-drive options before making a choice. Yet when evaluating an IoT solution, it’s simply not feasible to do so at scale with physical devices. Building a sensor simulator is the next best choice; however, generating a realistic simulation at very high TPS with ease of configurability is a formidable challenge. When dealing with multiple application or transport protocols, you would be...
IT organizations are moving to the cloud in hopes to approve efficiency, increase agility and save money. Migrating workloads might seem like a simple task, but what many businesses don’t realize is that application migration criteria differs across organizations, making it difficult for architects to arrive at an accurate TCO number. In his session at 21st Cloud Expo, Joe Kinsella, CTO of CloudHealth Technologies, will offer a systematic approach to understanding the TCO of a cloud application...
Connecting to major cloud service providers is becoming central to doing business. But your cloud provider’s performance is only as good as your connectivity solution. Massive Networks will place you in the driver's seat by exposing how you can extend your LAN from any location to include any cloud platform through an advanced high-performance connection that is secure and dedicated to your business-critical data. In his session at 21st Cloud Expo, Paul Mako, CEO & CIO of Massive Networks, wil...