2008-07-15 14:56:00
Welling Report shows KINGDOM as top
leader in 9 of 13 categories
HOUSTON–(EMWNews)–SMT, the leader for Windows-based geophysical and geological
interpretation software, today announced results from the 2008 Welling
Report on Seismic Services, which affirms SMT’s
market position in the E & P Windows-based software arena. SMT’s
KINGDOM is the only geoscientific software that had an increase
in its penetration of the market across the timeframe of the market
study. In addition, on the attribute to “Most
Likely To Recommend”, SMT received the highest
score among all the vendors rated.
Commenting on the announcement, David Bat, President of Welling &
Company, said, “Welling works collaboratively
with our clients in providing actionable insights to help improve
business performance. We believe our market research helps client
organizations better understand how they can improve their solutions and
meet the growing needs of the oil and gas industry.”
Welling & Co, an international market research firm with 38 years
serving the upstream petroleum industry, conducted 198 detailed
interviews to rate G&G software vendors across 13 categories as part of
their 2008 report entitled: The State of the Market for Seismic
Services in the Worldwide Petroleum Industry.
“We appreciate that our customers saw value in
KINGDOM – and we recognize the need to
continue to improve our total offering to stay ahead,”
stated Bill Stephenson, V.P. of Sales, Americas.
Respondents rated SMT first or tied for first in functionality, ease of
use, price, dependability, past experience, license terms, training,
reputation, and likely to recommend. Overall, KINGDOM stood ahead or
equal to the competition in 9 of 13 categories.
“It is always encouraging to see this kind of
feedback back from customers. We are most proud of our #1 ranking in Net
Promoter, which measures how many customers gave us a 9 or 10 in total
willingness to recommend,” said Indy
Chakrabarti, Senior Director of Marketing for SMT. The Net Promoter
index, fast becoming the standard for measuring customer loyalty, counts
scores of 9 or 10 in favor of the organization and subtracts scores of 6
or below from the organization, to create a “net
promoter” score. In this measure, SMT scored
the highest with a +37. The next nearest competitor was a +4 then -11,
-18 and -22.
To download and read more details about SMT in The Welling Report on
Seismic Services go to www.seismicmicro.com/pdf/smt-welling.pdf.
About the companies:
Welling & Company:
Welling & Company is a full services consulting firm specializing in
international market research for the upstream petroleum industry. The
company was established in 1971 with its headquarters based in Houston,
Texas. Welling & Company is considered by most to be the premiere
company in market research for the upstream petroleum industry and is
globally recognized for The Welling Reports which cover every major
facet of the upstream petroleum industry. The most recent Seismic
Services survey represented the 9th in a series
conducted over the past 15 years. For more information, visit www.welling.com.
SMT:
Seismic Micro-Technology, the market leader for PC-based geoscientific
interpretation, helps organizations find oil and gas faster. Its KINGDOM
software allows geoscientists to focus on the analysis, not on managing
the tools. SMT software enables intuitive interpretation, modeling,
analytics and data management, in one integrated executable. Customers
can install and interpret data in the same day. With 2500 customers in
85 nations, SMT has demonstrated performance proven to scale. SMT is
headquartered in Houston, Texas with offices in Croydon (UK), Singapore,
and Moscow. For more information, visit www.seismicmicro.com.
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