BHP Billiton has won the coveted Innovation of the Year award at the prestigious Energy Risk Awards 2006 in Houston. BHP Billiton has created an enterprise visualization system, partnering with Oculus, for analysis, planning and what-if scenarios across the company-wide portfolio. A strategic planning tool forecasts scenarios across individual projects, years out in time, and incorporates variables down to the granularity of regional weather conditions, plotting the effects across the company-wide portfolio. The enterprise visualization system analyses variations, risk models, and explains and communicates them to senior management. Chip Goodyear, BHP Billiton's CEO, notes that it is not feasible to understand the variations of scenario analysis for a large company without the use of a tool for assimilation. Using visualisations, many more alternate scenarios can be explored in greater detail and more insight can be achieved than with spreadsheets. Critical decision-making is improved.

Energy Risk, May 2006. Read Article (requires account, one month free). Also, See Presentation on BHP Investor Relations website (requires Windows Media Player).

About Oculus Info, Inc.

Oculus is the leading provider of innovative business visualization software solutions for the Fortune 500, federal government agencies and third party software companies. The principals at Oculus have been business visualization designers, developers and researchers since 1990.

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