Mansfield’s Entinuum project works to alleviate transactional complexities in the downstream energy sector.
For the third consecutive year, Mansfield Oil Co. has been named to the 2012 InformationWeek 500, a list comprised of the most innovative users of business technology in the U.S.
The annual list was revealed at a gala awards ceremony during the InformationWeek 500 Conference, which took place in September at The St. Regis Monarch Beach Resort, Dana Point, Calif.
Mansfield’s 2012 InformationWeek 500 application outlined the Entinuum platform —a proprietary B2B network created to handle the vast amounts of transactional and operational data shared daily throughout the energy sector.
Mansfield’s Entinuum project, which earned its name from the merging of the words ‘energy’ and ‘continuum,’ works to alleviate transactional complexities in the downstream energy sector where dozens of parties touch and utilize shared transactional data and documents in different business processes.
Over the past several years, Mansfield has recognized a tremendous need and, therefore, an opportunity for critical technology solutions within the transportation fuels industry. With the creation of Entinuum, Mansfield provides a secure infrastructure where all counterparties, including vendors, customers, and trading partners, can interact, creating network-based critical mass for the platform.
“Mansfield is honored to be recognized by the prestigious InformationWeek 500 again this year,” said Doug Haugh, president of Mansfield Oil Co. “The petroleum industry, particularly the downstream transportation fuels sector, has lagged behind other industries in adopting new technologies for information sharing and management. Mansfield has been a pioneer in developing platforms and data management solutions that help our customers and our industry trading partners facilitate counterparty management and supply chain efficiencies.”
“The InformationWeek 500 has recognized the most innovative users of business technology for 24 years, and this year’s innovations were particularly impressive,” said InformationWeek Editor In Chief Rob Preston. “What the editors looked for are unconventional approaches—new technologies, new models, new ways of grabbing business opportunities and solving complex business problems with IT.”
InformationWeek identifies and honors the nation’s most innovative users of information technology with its annual 500 listing, and also tracks the technology, strategies, investments, and administrative practices of America’s best-known companies. The InformationWeek 500 rankings are unique among corporate rankings as it spotlights the power of innovation in information technology, rather than simply identifying the biggest IT spenders.