Large data volumes are not news to the oil and gas industry. But with highly volatile commodity prices, rapidly shifting global markets and increasingly complex and difficult exploration and extraction, the pressure is on like never before. What is changing is the technology and the approaches to dealing with the data.
New technology is enabling massive volumes of data to be analyzed at a fraction of the cost and quicker than ever. At the same time, the proliferation of the Internet of Things is significant, as the oil fields and the refineries are augmenting with smart digital devices. This opens up massive new opportunities to understand much better operations, assets, and supply routes, risks and opportunities .
- Optimize time and cost to first oil
- Optimize production
- Improve asset reliability and availability
- Economies in refining
- Optimize inventory
- Support trading and risk management
- Achieve efficiency in capital projects
- Drive to zero safety incidents
- Large oil company in Europe: Engineering data warehouse that acts as a single source of truth for engineering information
- Leading services company in NA: Strategy, design and deployment of SAP HANA to enable efficient business process, data loads and reporting of critical functions
- Integrated oil company in Europe: Master Data Management roadmap definition, deployment and support
- Large oil field services company: Delivered asset intelligence and tracking system, value assessment of big data adoption roadmap
- Integrated oil company in Europe: Oracle-based BI and reporting platform management and support.
For more information contact Swami Rajamani.