AI Recommendation
A recommender system, or a recommendation system (sometimes replacing ‘system’ with a synonym such as platform or engine), is a subclass of information filtering system that provide suggestions for items that are most pertinent to a particular user. Typically, the suggestions refer to various decision-making processes. AI-based recommendation systems play the role of a consultant, […]
Machine Learning
Machine Learning (ML), an application of Artificial Intelligence (AI), has proved beneficial in a variety of industries by enabling systems to learn and improve automatically without explicit programming. As data is accessed, this technology learns for itself, and it’s becoming increasingly popular within the oil & gas industry. What is Machine Learning? Traditionally, computers require […]
Business Intelligence
One of the ways forward-thinking oil and gas companies are facing industry challenges is by investing in high-end data analytics platforms that can create real-time business intelligence (BI). The goal is to capture and analyze data that will lead to improved exploration efforts, oil recovery, drilling accuracy, project delivery and equipment maintenance and safety. Though […]
IIoT Streaming
The Internet of Things (IoT) is used in the oil and gas industry to collect, transfer, and analyze raw data in real time to get a clear picture of processes at the facilities, improve operational efficiency, reduce energy consumption, and drive profitability. IoT solutions cover all key industry segments: Upstream operators use it to enhance […]
Big Data Processing
Oil and gas companies face the challenge of obtaining insight from an enormous amount of data to make better, more informed decisions. To innovate exploration and production, you need to make sense of operational data from the plant floor, supply chains and connected products. Big Data or Big Data analytics refers to a new technology […]