HOUSTON, Feb. 4, 2014 /PRNewswire/ -- Frost & Sullivan has awarded the 2013 Entrepreneurial Company of the Year Award to Moblize. This prestigious recognition is based on an extensive and independent Frost & Sullivan competitive analysis of the North American High Quality Drilling and Production Management Solutions Market to enable real-time decisions. The award is based on in-depth interviews and primary market analysis, which has been fully funded and conducted by Frost & Sullivan's industry analyst team. For the Entrepreneurial Company of the Year Award, the following key criteria were used to benchmark Moblize performance against its key competitors: Growth Strategy Excellence, Growth Implementation Excellence, Degree of Innovation with Products and Technologies, Leadership in Customer Value and Speed of Response to Market Need.
The report showcases Moblize's ability to exploit machine capabilities to process many data types at high frequency in the field itself and generate derived datasets from advanced calculations that can later be shared with any application, machines in the field or enterprise on demand to guide human actions. This way Moblize is moving the data to applications rather than moving applications to data, which ends up in consuming more time and latency.
"Oil producing companies find it difficult to manage the exponential data growth from a variety of sensors, although profitability and optimization decisions depend on them. Since enormous capital is at stake when the risks involved are exacerbated by poor quality of data, companies are forced to outsource the data management to companies like Moblize. Having quality in their DNA and being a technology-agnostic company, they are way ahead of competition in providing not only high quality, but also integrated critical datasets from advanced complex calculations. Beyond providing 24/7 high quality data services, Moblize creates value to their customers with their platform that is agile, scalable and vendor-neutral," said Frost & Sullivan Senior Industry Analyst Naveen Kumar.
Amit Mehta, CEO of Moblize said: "Moblize is enabling operators to control their destiny and rapidly enable new value loops versus to remain dependent on traditional vendors for innovative solutions to enable drilling and well program optimization. Our approach, which embeds data quality in our DNA, allows clients to focus on their core business competencies while allowing us to provide high visibility to their field assets like rigs and enable real-time decisions on the fly. No other provider can match these capabilities."
About Frost & Sullivan
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Moblize provides solutions which enable oil and gas operators reduce their dependence on many separate vendors and aggregate data from sources beyond typical downhole and surface systems to dramatically reduce drilling costs, leverage well-site and field data to achieve a step-change improvement in drilling optimization and have assurance that service providers deliver to clients the most accurate data possible to make better decisions anytime, anywhere. To learn more, please visit us at http://www.moblize.com