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• What is Sigmafine?What is Sigmafine?• The Value of Sigmafine• Industry-specific applications• A Comprehensive Service Offering• A Comprehensive Service Offering• Questions
Production Accounting needs the transformation of raw data into production informationA dit bl th d l i– Auditable methodologies
– Compliance with standards due to regulations or contractual reasons• API 1980, API 2004• AMIRA• ASTMRegulations and methodologies are updatedRegulations and methodologies are updated
– API 2004 (e.g., requires pressure corrections, <2% effect)Production accounting meters don’t exist! D t h t b t d t f d d d t– Data has to be aggregated, transformed and exposed to users
– Before data gets published, it has to be validated
Many measurement and operational problems are not noticed until is too lateC t d t bi– Custody meter bias
– Unaccounted waste– Incorrect line-up– “Downgrade” of products– Unidentified and unnecessary recycling operations– Incorrect calculation factorsIncorrect calculation factors– Manual entry errorsAll of these above potentially can cause financial lossesU t t f illi f d ll d di th d i t– Up to tens of millions of dollars, depending on the processed inputs
It is not just a data reconciliation application– Validation tool– Analysis engine– Business reporting platformIt is not just a production accounting applicationj p g pp
– Metal accounting– Composition Tracking– More– More...It is not just applied to oil refining
– Petrochemicals– Metals and Mining– Power– LNG facilities
Sigmafine redefinition: A data validation platform
Sigmafine is a data validation platform that allows you to make better business decisions:
– Enables the data aggregation and transformationgg g– Allows the implementation of standards– Exposes production information according to the user needs
Sigmafine capabilities are – Configurable according to company’s business rules– Expandible plugging-in of new intelligenceExpandible plugging in of new intelligence– Scalable (from single units to large process networks)– Reusable for different analysis– Compliant to international standars (e.g., API and ASTM)Compliant to international standars (e.g., API and ASTM)
Keep the application aligned with the latest data reconciliation techniques based on the research and development in this field Protect the investments of our customers following IT state-of-the-art technologies Introduce innovative paradigms Keep the platform updated with the latest industry-specific standardsListen to our customers needs to continue the development of new value added componentsdevelopment of new value added componentsLeverage investments through reusability
Sigmafine Roadmap details to be presented at 11:35am
Our role changed from product vendor to solution provider, bringing together software development and implementation experticeWe deliver added value to our customers by providing complete Sigmafine-based solutions and consultingcomplete Sigmafine-based solutions and consultingWe consolidate and enhance the value-added network of customer and VARs worldwide, sharing best pratices and knowledge to gurantee successful implementations
Sigmafine Newsletter is Published QuarterlySigmafine Web Site is Coming Soong gKnowledge Base for the Sigmafine Users: Access to Technical Papers, Bulletins and Marketing MaterialsPromotion of Sigmafine Seminars