Why cloud-native software is better

Tradition vs EnergySys

Efficient and effective hydrocarbon allocation and production reporting, like that which is provided by EnergySys, can mean the difference between profit and loss. It can mean the difference between growth and stagnation.

However, there is a chronic lack of focus and consideration given to the tools that can help position your company to take advantage of a dynamic oil and gas market.

Many still opt for traditional hydrocarbon accounting (HCA) systems. These are so often associated with expense, inefficiency, long delays and work-arounds. An increasing number of companies have learnt how much better HCA can be with the EnergySys Cloud Platform.

We believe the industry deserves better than traditional HCA solutions like Tieto’s Energy Components (EC). Switching to evergreen, cloud-native software, like EnergySys, presents such huge benefits that it’s a wonder there is still demand for traditional systems.

Cost

Let’s start with cost. Our unique pricing structure means there’s no upfront or ongoing hardware or infrastructure costs. Everything is covered in a simple subscription based on your asset complexity. Regular upgrades are also included in the subscription. So, you never have to worry about long, painful upgrade projects ever again.

For a fraction of your future costs, you could have a system in place that’s tailored to your needs and works seamlessly. It would mean an end to inflexible software that requires work-arounds and spreadsheets used to complete standard business processes.

Check out our recent article ‘Don't pay for HCA upgrades’ to find out more.

Support

Have you hired full-time HCA consultants because it’s more cost-effective than paying day rates when you need to implement an upgrade or a change? EnergySys manages the entire service. Including cloud-native software provision, hardware maintenance, platform security, data storage and backup, and upgrades. There’s no need to bring in IT specialists because all of this is included in your subscription.

Also, with over 25 years’ experience delivering HCA systems, our unlimited email support (included in the subscription) is considered outstanding and something our users are always quick to praise.

Configuration and integration

EnergySys is completely configurable, so you can build, extend and manage your instance without specialist skills. Whether you need monthly, daily or hourly allocation, or have onshore, offshore or LNG assets, EnergySys can be configured to handle them all. This makes it more flexible and scalable than any other solution available on the market.

The EnergySys Cloud Platform is straightforward to implement. Major time and cost savings versus legacy solutions like Energy Components. We recently completed an Energy Components replacement for a large US onshore producer. It meant migrating around 10,000 wells in just six months with a team of two. We also have a growing partner community who have skills and experience in areas like metering, commercial allocation and IT strategy that can really add value to your business.

EnergySys is designed with low-code, cloud-native software, so that it is easy to modify to suit your business.

Access anytime, anywhere

Cloud-native software means that you can access your data securely, wherever you are, whenever you want. This offers major time savings for busy executives needing to make quick decisions. Management and asset teams are able to produce and deliver reports and data easily and quickly.

EnergySys also integrates with third-party apps like OSI PI and Power BI as standard, to enable secure sharing of data and to maximise the value of your investment in other tools.

Have you seen these:

ELS logo

Equity Lifting Solutions Pty Ltd Announced as the Latest EnergySys Reseller Partner

EnergySys' growth in the APAC region is something we’re immensely proud of and is testimony to a growing need for flexible, value-driven software within an increasingly agile energy industry. Our partnership with ELS will ensure that customers have access to powerful solutions that meet the unique challenges of the LNG market.

Email Security with the EnergySys Platform

Okta, the identity provider we currently use for authentication, announced a security incident on 22 March 2022. Following an investigation they advised the risk as low, impacting only 2.5% of customers.We take security extremely seriously at EnergySys. Despite Okta’s reassurance that none of our users were impacted, and as per our ISO 27001 certified process, we mobilised our Incident Response Team to assess any risk to our users.

EnergySys and the Okta LAPSUS$ Security Incident

Okta, the identity provider we currently use for authentication, announced a security incident on 22 March 2022. Following an investigation they advised the risk as low, impacting only 2.5% of customers.We take security extremely seriously at EnergySys. Despite Okta’s reassurance that none of our users were impacted, and as per our ISO 27001 certified process, we mobilised our Incident Response Team to assess any risk to our users.

Get in touch

For more information about how EnergySys can solve your HCA issues, get in touch for a no-obligation chat with one of our HCA experts.