ITF and OTM Consulting Develop Technology Mapping Tool
By Editor | October 5, 2009
A new technology mappaing capability is being jointly developed by ITF and energy technology consultants OTM consulting. It will allow users to understand how their technology needs fit in with the gloabl 'landscape' of existing, field-trial-ready and emerging technologies in the oil and gas sector.
The technology mapping function will be integrated into a knowledgebase called TechnologyTradingPost, that OTM have been developing since 2007, and which is already supported by eleven oil companies worldwide. TechnologyTradingPost currently includes 3400 research projects from over 700 technology development organisations around the world.
Information about users' technology requirements will be mapped onto this knowledgebase to highlight areas where technology is available or work may already be ongoing, as well as gaps where new development may be required.
OTM and ITF are confident that this will help to accelerate the uptake of new technology and enable greater collaboration and end user input to the development of new technology, as well as allowing R&D budgets to be targeted more effectively.
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