Seven Lakes Technologies Named 2016 Cool Vendor by Gartner
Enterprise Software and Solutions Provider Recognized as a Cool Vendor in Oil and Gas
WESTLAKE VILLAGE, Calif., May 10, 2016 /PRNewswire/ -- Seven Lakes Technologies, a leading developer of innovative enterprise software and solutions for the Oil & Gas industry, today announced their inclusion in the report of "Cool Vendors in Oil and Gas, 2016"1 published by Gartner, Inc., a top IT research firm. Vendors selected for the Cool Vendors report must be innovative, impactful and intriguing.
"It's an honor to be recognized by Gartner," said Shiva Rajagopalan, Seven Lakes' founder and CEO. "We believe our inclusion in the Cool Vendor report is another independent confirmation that our analytics and workflow software are helping oil and gas producers to drive initiatives around business decisions instead of functional siloes. Now more than ever, our customers require solutions that allow them to make smart decisions around production, capex and opex to impact the bottom line."
Each year, Gartner identifies Cool Vendors in key technology areas and publishes a series of research reports highlighting these innovative vendors and their products. "With the maturing of digital technologies for oil and gas, the report highlights selected Cool Vendors that are bringing innovative capabilities to help upstream oil and gas CIOs and IT leaders accelerate progress in the digital business era," states the Cool Vendors in Oil and Gas, 2016 report.
"An incredibly innovative company, Seven Lakes Technologies was first-to-market with highly effective SaaS, cloud-based efficiency tools for the upstream oil & gas sector. Their enterprise-ready software delivers tremendous value and cost savings to large and mid-size companies," explained Jim Madden, Co-founder and Managing Director of Carrick Capital Partners, the private equity firm that funded their Series A round. "We at Carrick couldn't agree more with this designation, we've thought Shiva and his team at Seven Lakes were cool since we first met them," Madden added.
For more information about Seven Lakes Technologies, or to arrange a short demonstration of their solutions, visit their website at http://www.sevenlakes.com. For more information about the Gartner report visit http://www.gartner.com/technology/research/cool-vendors/.
1 Gartner, Cool Vendors in Oil and Gas, 2016, May 5, 2016
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About Seven Lakes Technologies
Seven Lakes Technologies is a vertically focused analytics and technology solutions firm offering products and services for the upstream (E&P) oil and gas sector; focused on improving business drivers and enhancing execution of customer business strategies. Seven Lakes offers innovative product suites focused on production, capex and opex improvements. Seven Lakes Technologies is headquartered in Westlake Village, CA with offices in Irvine, CA and Bangalore, India. For more information, please visit http://www.sevenlakes.com.
SOURCE Seven Lakes Technologies
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