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In the dynamic world of energy, harnessing the power of data is vital to establishing a competitive advantage and staying ahead. With constant changes such as customer expectations, regulatory pressures, and a heightened focus on efficiency that affects all segments of the industry, organizations have realized the need to be highly adaptable and proactive to be successful.
But what are the necessary steps you need to take to outperform competitors and create a sustainable competitive advantage? Spotfire customers benefit from using Spotfire on AWS with AWS services to power unique, market-leading solutions for energy companies. Check out the top 5 reasons why energy companies choose Spotfire & AWS.
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Solving energy challenges with Spotfire & AWS
By combining embedded advanced analytics and industry-specific visualizations, Spotfire® visual data science allows users to easily bring together data from various sources, including streaming and historical data, to gain real-time intelligence and make better decisions across every level of their energy operation. Spotfire is specifically designed to solve complex, industry-specific business problems and equip operations with pre-built, customizable apps that work to better predict your needs, methods, and outcomes.
The tight integration of Spotfire and AWS provides users with the flexibility to use numerous services and solutions from both providers and thus get the best out of their data. Spotfire enables customers to connect to the OSDU data platform, a data platform for the oil and gas industry, that allows companies to centralize their data in their cloud of choice—such as AWS. Spotfire also connects to the OSIsoft PI Data Archive implemented on AWS and different AWS IoT services, enabling users to analyze time series data and IoT data—to take action proactively.
1. Enjoy enhanced performance
Today’s energy companies simply cannot improve their margins or outperform their industry peers without leveraging data. This isn’t an easy job considering the massive amounts of data energy companies produce. However, with Spotfire, users can process and analyze vast datasets quickly and efficiently to make data actionable, drive real-time decision making, and enhance overall performance across the entire operation. As the energy industry adapts to new and dynamic challenges, Spotfire analytics enables teams to innovate and outperform the competition.
2. Access ready-to-use solutions across your portfolio
Spotfire delivers a range of ready-to-use analytics solutions, designed by experts who know the energy industry inside and out. Spotfire supports companies from all corners of the sector including upstream, midstream, and downstream segments. Whether you want to analyze exploration and production data, dig into transportation and storage insights, or monitor the operations of oil and natural gas, Spotfire is there every step of the way with custom accelerators, apps, and visualizations.
You can view the full list of Spotfire extensions on the Spotfire Community.
3. Predict issues before they occur
Spotfire makes data-driven insights available to all critical team members, providing your experts with instant access to the information they need, exactly when they need it. With streamlined and accessible analytics, Spotfire allows energy users to create alerts within their Spotfire dashboards so team members, wherever they may be, can detect issues immediately, predict problems before they ever happen, and respond proactively—which saves operations not only time but money too.
Curious to see how Spotfire closes the gap between data and action—empowering teams with predictive information at their fingertips? Try the predictive maintenance demo.
4. Maximize your cloud connections
The partnership of Spotfire and AWS is a powerful pairing that brings extended insights, integration, and flexibility into your operations. For example, when Spotfire users leverage the OSDU Data Platform in AWS, users can extend visualization capabilities, connect instances in all main cloud service providers, and deliver improved access to different data structures.
Another important benefit from leveraging this partnership is the streamlined ability to connect IoT services and solutions, allowing Spotfire users to analyze and present IoT data using different AWS services connectors and easily add data-driven alerts to applications.
5. Keep up with the competition
Real energy companies get results with Spotfire. U.S. petroleum exploration and production titan, Hunt Oil, makes use of Spotfire extensions, like the Spotfire IoT Drilling Accelerator to speed up time to insights. The Hunt Oil team can spot new patterns in their data within 24 hours. In less than six weeks, the Spotfire Accelerator enabled the engineering team to go from idea to testing of its smart IoT drilling system—a platform that rapidly deploys analytics models on real-time data.
Read the full Hunt Oil success story.
Unlock the potential of Spotfire in oil and gas
Spotfire & AWS: Immersive analytics, tailor-made for oil and gas isn’t just a technical manual—it’s a strategic guide for navigating the complexities of the industry with confidence. By integrating Spotfire and AWS, companies can leverage cutting-edge technologies to drive innovation and efficiency across their energy operations. Whether you’re looking to optimize exploration workflows, streamline production processes, or improve asset management strategies, this e-book provides actionable insights and best practices that align with your organization’s goals.
Check out the complete e-book to unlock more demos, explore innovative use cases, and embark on a journey towards smarter, data-driven decisions.