Data asset management company SpectrumData and information technology specialist ISA Technologies have combined their services in an ongoing collaboration between the two Technology Park residents to service their mutual oil and gas sector clients.
The partnership will combine the data management services of SpectrumData with the computing power and 3D visualisation capabilities of ISA Technologies, capitalising on the companies’ physical proximity in Bentley.
ISA Technologies managing director Sil La Puma said the collaboration would benefit oil and gas clients using the company’s 3D visualisation services, which assist in processing seismic data relating to oil and gas deposits.
Mr La Puma said the partnership would combine data processing with storage in one service.
“A customer can come through an almost portal interface into ISA and electronically pick out (the data) they’re interested in. In the background, a request will be made from ISA to SpectrumData to automatically load data…over a high-speed link…which is then presented back to the customer,” he said.
SpectrumData chief executive officer Guy Holmes said the partnership would achieve an economy of scale by servicing a common client list, and would improve service delivery.
“(ISA’s) high-performance computing centre can do some of the mathematical conversions we perform in a fraction of the time. By sending the data to them instead of our processor, we’ll save weeks, sometimes even months,” he said.
The two companies are planning a self-funded private fibre link between their respective sites, with a 10 Gb capacity, estimated to cost around $50,000.
They will also consider installing 1 Gb links to directly connect with individual clients.
Mr La Puma said the collaboration would allow tier 2 and tier 3 resources companies to access data processing in one service, and had the potential to benefit other mining companies and the medical industry.
It would also encourage more onshore data processing by retaining data storage and processing expertise in the one location.
“What we’re trying to do is stem the tide of shifting offshore, which will allow us to…potentially attract opportunities within the region,” Mr La Puma told WA Business News.
Mr Holmes said the partnership was of significant value to SpectrumData.
“We can see 20 to 25 per cent of our (oil and gas sector) business being converted to this collaborative style of arrangement, so it will be in the millions of dollars…some will be savings, some will be additional revenue,” he said.
Mr Holmes said two pilot projects were being carried out to demonstrate the benefits of the new arrangement to the companies’ clients.
