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Built on powerful core principles, GeoX's scope has expanded over more than a decade -- making it now a system of unique breadth and depth without any commercial parallel in the world of support for integrative decisions in upstream petroleum.
There are many ways to distinguish alternative decision support solutions. The dimensions include system architecture, scope, estimation engine, how data is stored and shared, total costs of ownership, development risks, etc.
One important dimension of both commercial and in-house systems is whether they are spreadsheet-based or developed using a full fledged programming environment. Typically a system such as GeoX, that is based on an industry standard programming environment, also has a relational database platform, is scaleable, secure and can provide high level of integration between tools and other applications.
In-house solutions often have high total costs of ownership, lack continuous enhancement, can tie up some of your best people, and take time to adapt to changing requirements. They might, however, contain proprietary components that are viewed as critical and provide competitive advantages.
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