Deloitte reported in a recent study that increased data capture and analysis can likely save billions of dollars for the energy industry. Reuters also found that Oil and Gas companies are “envisioning billions of dollars in savings” through the use of analytics and the IoT. Oil and gas companies are inundated with data but starving for insights and smart actions on business … [Read more...] about Big dollars for big oil with big data — Analytics saves billions in upstream exploration and production
Energy
The oil field of the future: More connected, predictive, and real-time operations
With remote sensor connectivity, machine learning, and artificial intelligence (AI), oil and gas companies can now ensure their employees are safer, their fields are more productive, and their capital assets are operating at peak efficiency. But how can energy companies ensure they are moving in the right direction? Spotfire recently partnered with IDC Energy Insights to … [Read more...] about The oil field of the future: More connected, predictive, and real-time operations