Sciencesoft

Winning the Queen's Award for Enterprise (International Trade) comes at an exciting time for the team behind Glasgow‐based Sciencesoft Limited, a world‐leader in 3D visualisation and analysis software for the global oil and gas industry.
Sciencesoft was set up by brothers and physicists, Lindsay and William Wood, in the late 1990s and launched what has become its flagship software product, S3GRAF, in 2000.
Dr Lindsay Wood is Sciencesoft's Research and Development Director and William Wood is Director of the Sales and Marketing Department.
Prior to founding Sciencesoft, Lindsay worked as a research physicist, including a Fellowship at the international research facility CERN in Switzerland, before moving into the oil and gas industry. He was one of the key developers on the world's leading commercial oil and gas reservoir simulator. In the last 10 years he has overseen the successful development and launch of four innovative, state‐of‐the‐art products for Sciencesoft.
William Wood, Sales and Marketing Director, had a very successful career in sales for over 10 years, in both the electronics and technical software markets, before co‐ founding Sciencesoft. He has been pivotal in orchestrating Sciencesoft's rapid growth in international trade and the sustained growth of the company's annual software sales.
Sciencesoft's Business Development Director is Dr Angela Wood, married to Lindsay. Angela has a PhD from St Andrew's University and worked in the pharmaceutical industry for several years prior to joining Sciencesoft. She oversees business development and the thriving Maintenance and Support Department for the company and has been with Sciencesoft since its inception.
The company's Reservoir Simulation Suite of products helps engineers analyse results from reservoir simulators by rapidly producing 3D images of the petroleum company's oil or gas field. These 3D images enable engineers to make multi‐million dollar field planning and development decisions. Reservoir simulators are the main prediction tools used by engineers in petroleum companies to forecast future oil and gas production.
Today Sciencesoft sells its Reservoir Simulation Suite to more than 120 companies in 80 countries and clients include many of the world's major oil and gas producing companies. Such is the power and flexibility of the software that these companies have now adopted Sciencesoft's products as standard.
International sales account for 90% of the company's turnover and the management team is targeting sales growth of 300% over the coming four years. Sciencesoft uses a network of overseas agents in specific sales areas across the globe to support its sales activities, with members of its Glasgow team undertaking key trade missions on a monthly basis.
As a company, Sciencesoft has achieved an annual growth rate of 25% since 2002. This growth has been sustained during the last two years, bucking the trend during the recessionary period. The business has also increased its team of high‐end technical specialists by six in the last two years.
As well as Sciencesoft's success 
in sales, the company's technical success was also recognised when it won a prestigious John Logie Baird Innovation Award early in 2011. This Award was won for its newest software package, S3GRAF-HPG, which allows reservoir engineers to load large simulation data files, which had previously taken over one hour to load, in a matter of seconds. This ensures the highest levels of user efficiency.
Sciencesoft works closely with a number of key universities offering summer work placements for students, providing advisory and mentoring services and sponsorship opportunities for new PhD students. The company also provides universities around the world with free‐to‐use software for undergraduate and graduate students, for research purposes.
Sciencesoft aims to develop an additional four exciting new product lines in the next five years. Future plans also include developing new sales territories, a doubling of the workforce and expansion into larger business accommodation.


Sciencesoft Ltd
Moorpark House, 11 Orton Place
Glasgow  G51 2HF  Scotland
Tel: +44 (0) 141 445 0330
Fax: +44 (0) 141 445 2041
william.wood@sciencesoft.com
www.sciencesoft.com

www.twitter.com/@GASOILSOFTWARE


Visualising the future using S3GRAF-3D, one of the Sciencesoft product range

 


Looking up - the Sciencesoft Ltd team at their Scottish HQ in Glasgow.

 

 

 



 

 

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