Some Thoughts On the Information Technology Revolution in Standard Oil
Some Thoughts On the Information Technology Revolution in Standard Oil
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In our eReader you can find the full English version of the book. Read Some Thoughts On the Information Technology Revolution in Standard Oil Online - link to read the book on full screen. Our eReader also allows you to upload and read Pdf, Txt, ePub and fb2 books. In the Mini eReder on the page below you can quickly view all pages of the book - Read Book Some Thoughts On the Information Technology Revolution in Standard Oil
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To quickly assess the difficulty of the text, read a short excerpt:
But it most certainly is one. And if I may say so, we believe our Standard Oil system at Prudhoe Bay is ahead of those of our colleagues and competitors. And this has compelling possibilities and enormous implications.
For instance, an a periodic basis, the various partners in Prudhoe Bay meet to hammer out a redetermination of each partner's share of the unitized field's production. The stakes are incredibly high — hundreds of millions of dollars — and so the system that simulates the scenario...s and produces the negotiating tactics is of the highest value. We believe our model is superior, but we would, wouldn't we?
It seems obvious to me that what this system does today means inevitably that we will make it do more, faster, tomorrow. And not the least of my reasons is the fact that the system itself is a significant part of the total cost of the Prudhoe Bay field. One of the iron laws of competition tells companies that anything which might be done may have to be done. You can't afford to let your competitors do things without you.
What to read after Some Thoughts On the Information Technology Revolution in Standard Oil?
You can find similar books in the "Read Also" column, or choose other free books by Robert B Horton to read onlineMoreLess
To quickly assess the difficulty of the text, read a short excerpt:
But it most certainly is one. And if I may say so, we believe our Standard Oil system at Prudhoe Bay is ahead of those of our colleagues and competitors. And this has compelling possibilities and enormous implications.
For instance, an a periodic basis, the various partners in Prudhoe Bay meet to hammer out a redetermination of each partner's share of the unitized field's production. The stakes are incredibly high — hundreds of millions of dollars — and so the system that simulates the scenario...s and produces the negotiating tactics is of the highest value. We believe our model is superior, but we would, wouldn't we?
It seems obvious to me that what this system does today means inevitably that we will make it do more, faster, tomorrow. And not the least of my reasons is the fact that the system itself is a significant part of the total cost of the Prudhoe Bay field. One of the iron laws of competition tells companies that anything which might be done may have to be done. You can't afford to let your competitors do things without you.
What to read after Some Thoughts On the Information Technology Revolution in Standard Oil?
You can find similar books in the "Read Also" column, or choose other free books by Robert B Horton to read onlineMoreLess
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