Actenum Releases DSO: Model-Based Decision Support and Optimization Software

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DSO enables organizations in the petroleum industry to rapidly configure and deploy model-based decision support and optimization applications.

DSO takes our capabilities to the next level, in terms of speed of development and deployment of critical and complex operational decision support solutions

Actenum Corporation today announced the release of DSO, an advanced, modular Decision Support and Optimization software system. Building on Actenum's proven optimization and asset allocation technology, DSO enables organizations in the petroleum industry to rapidly configure and deploy model-based decision support and optimization applications.

DSO is designed as a single software platform that is capable of addressing a wide variety of organizational- and operational-specific decision support requirements, while keeping development and deployment costs low. DSO's intuitive usability and predictive analytic features make it easy to create multiple scenarios, and evaluate them according to user-defined key operational metrics, so that optimal decisions may be made quickly and reliably.

DSO also features a 'plug-in' architecture that supports the use of common software tools, such as MS-Excel and MS-Project, enabling rapid evaluation and optimization of existing operational models. And DSO incorporates a 'goal seeking' capability that provides a fast way of generating optimal solu-tions that satisfy divisional and corporate targets.

"DSO takes our capabilities to the next level, in terms of speed of development and deployment of critical and complex operational decision support solutions," says Paul Maurer, Actenum's CEO. "DSO users will be able to make key decisions much more rapidly than before, in a way that is closely aligned with their existing business processes and workflow. We've put a great deal of thought and effort into DSO, and will be extending its capabilities in the coming months to areas such as offshore rig logistics, inspection scheduling, and material requirements forecasting.

About Actenum
Actenum is the leading provider of decision support and optimization software for the energy industry. Our solutions enable users to create practical, reliable production schedules that are linked to key operational metrics. In complex and changing production environments, Actenum provides value by enabling companies to make rapid and effective scheduling decisions during daily op-erations, and to build better-quality and more responsive schedules that drive improvements in operating efficiency and profit.

For more information visit Actenum.

Contact:

Owen Plowman
+1.604.612.6572
plowman (at) actenum (dot) com

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