Tuesday, April 29, 2008 9:53:25 AM
That is a great link and article. These paragraphs show exactly why DDI should be proud of their client list:
""For example, getting one asset manager at a large oil company to adopt the technology doesn't mean the other asset managers in the company will adopt it – getting it into one operation doesn't mean a global buy-in.
"We were working with one large oil company a while ago and we asked them what it would take for us to prove our technology. They said we would first have to achieve a Technology Rating of 10 with them. We asked how we could do that and they said they couldn't give us a '10' until we'd done a job for them. It can be a catch-22 situation at times.
Evans says smaller oil companies can be a lot easier to deal with, as the decision to adopt the technology usually rests with only one person, rather than the series of committees that often exists with the big players.
"So there's been a long lead-in time for us, a lot of development [with the major players]." Evans says."
""For example, getting one asset manager at a large oil company to adopt the technology doesn't mean the other asset managers in the company will adopt it – getting it into one operation doesn't mean a global buy-in.
"We were working with one large oil company a while ago and we asked them what it would take for us to prove our technology. They said we would first have to achieve a Technology Rating of 10 with them. We asked how we could do that and they said they couldn't give us a '10' until we'd done a job for them. It can be a catch-22 situation at times.
Evans says smaller oil companies can be a lot easier to deal with, as the decision to adopt the technology usually rests with only one person, rather than the series of committees that often exists with the big players.
"So there's been a long lead-in time for us, a lot of development [with the major players]." Evans says."
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