Unleash the potential of big data
Oil and gas companies constantly face many industry-specific challenges. Lack of visibility into complex operational processes, performance improvement difficulties, and equipment life cycle management all come into play. When you pile on logistics complexity and environmental regulations too, you get the picture.
Fortunately, big data analytics offers substantial rewards. Energy companies can transform their enormous datasets into sound exploration decisions, lower operational costs, longer equipment lifespans, and less environmental impact.
Digitize your archive
Digitally transforming a business overnight is not easy. It involves grappling with massive file sizes, navigating data silos, and justifying equipment investments. Moving to digital can be prohibitively expensive, and the process may be overwhelming. Becoming fully digital is the goal for the future, but many companies must worry first about today. Operations must continue, and without a strategic plan, upending current storage to a cloud-based system can backfire.
Insights may emerge from old locked data to improve business decisions, but that same data may also present risks not yet fully understood. Before substantial benefits of new technology can be realized, both old and current data must first be organized.
Going digital is hard—but the payoff is worth it
A good first step is to cut your data mountain down to a workable size. Quickly find data that matters, and identify data that contributes value and data that doesn’t. Then allocate capital and resources accordingly.
High reliability, low duplication, clear accountability
Maintaining cloud security requires a rigorous, disciplined approach that begins prior to cloud migration. Understand your cloud vendor’s security strategy, resources and service level agreement before moving to any cloud environment.