Developed in partnership with Microsoft Azure technology, this customized platform provides a seamless user experience to help organizations realize maximum value from Well Data Lifecycle, Production Data Lifecycle and Land Data Management.

2024/06/2221:04:32 hotcomm 1500
Developed in partnership with Microsoft Azure technology, this customized platform provides a seamless user experience to help organizations realize maximum value from Well Data Lifecycle, Production Data Lifecycle and Land Data Management. - DayDayNews

CALGARY, Alta., March 9, 2022 /PRNewswire/ -- Peloton, a global leader in data management software solutions for the energy industry, announced that it has achieved System and Organizational Control (SOC 1 and SOC 2) 2 Class compliance, which is a widely recognized audit standard developed by American Institute of Certified Public Accountants (AICPA). Achieving this compliance demonstrates the way Peloton safeguards customer data and maintains effective controls. This review was conducted by Armanino LLP.

"The journey to achieve SOC 1 and SOC 2 compliance is just another way to demonstrate the rigorous measures we take to protect our customers' data," said Peloton CEO Glen Gray. “In this age of constant data dissemination, businesses need to ensure their data is protected. That’s why we’ve made it a priority to continue investing in security controls.”

SOC 1 and SOC 2 reports provide customers with ways to assess and respond to risks associated with outsourcing services valuable information needed.

  • SOC 1 reviewed Peloton’s controls related to customer financial reporting. The review included Peloton's Well Data Lifecycle, Production Data Lifecycle and Land Data Management solutions.
  • SOC 2 reviewed Peloton’s platform controls related to Trust Services Standard: Security and Usability.

"For more than 30 years, we have been committed to the safety and security of the Peloton platform. The reviewer's affirmation of our work once again reaffirms our commitment to continuously implement appropriate technology and procedures and conduct continuous monitoring. to protect the security and availability of services and customer data," Gray said.

Peloton’s SaaS-based platform enables energy operators to view critical operational data across three solution areas on one platform. Developed in partnership with Microsoft Azure technology, this customized platform provides a seamless user experience to help organizations realize maximum value from Well Data Lifecycle, Production Data Lifecycle and Land Data Management. Every Peloton product can be commercially integrated with another of our products, greatly simplifying the cost and complexity of implementation.

For more information about Peloton SOC compliance, or to request a copy of the report, please contact your account representative or.

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