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All Blog Posts Tagged 'drilling' (3)

Here is How Big Data is changing the Oil Industry

In 2006, marketing commentator Michael Palmer had blogged, “Data is just like crude. It’s valuable, but if unrefined it cannot really be used.

After nine years, the statement still holds true across any industry that depends on large volumes of data. It is true that until and unless, data is not broken down into pieces and analyzed, it holds little value.

As the world becomes more receptive to the advantages of big data, the oil industry does not seem to be far…

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Added by Deena Zaidi on October 4, 2017 at 7:00pm — No Comments

To build a MEL, you need a Private Detective

Over the past six months we have been working with the reliability and maintenance organization within a large oil and gas client to build out their Master Equipment List (MEL). Like many asset-intensive organizations, they have implemented an Enterprise Asset Management (EAM) tool to give them visibility and control over their capital equipment to optimize their maintenance strategies, reduce operating costs, and better manage their workforce and spare parts inventories. The challenge is…

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Added by Sullexis LLC on October 6, 2014 at 8:00am — No Comments

Oil and Gas Solution built on Data-Tactics’ Big Data Engine

The Big Data Yawn

Over the past couple of months we have met with a number of oil and gas executives to demonstrate our Oil and Gas Solution built on Data-Tactics’ Big Data Engine (BDE). During these conversations it has become obvious that the very mention of "Big Data" produces an involuntary physiological response among business leaders - eye rolls and yawns. It appears that big data has reached the Gartner "trough of disillusionment". These executives have heard from a bewildering…

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Added by Sullexis LLC on March 10, 2014 at 6:00am — No Comments

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