Data Examiner

Article Written By Amii Rozell, Director, IHS Markit

Gone are the days when data organization used to be as minimal as simple rows and columns. All sorts of data types emerged since the internet invaded our lives and changed the technology industry, including the data management world. Proper data management today is more than just tables and rows grouped in a string format; more than just structured, or even semi-structured data stored in a relational database. Oil and gas companies need a dynamic way to store, manage, and maintain quality data for decision-making. Why? Well, today, oil wells are not the most important asset in the oil and gas industry; data is. Companies deal with a huge amount of data from different phases of the well's lifecycle such as exploration, drilling, and production and that data is increasing dramatically every day. The energy industry's problem today is that oil and gas companies cannot capture all the data they need to make better decisions faster.

Organizations need the ability to store and manage ALL data including unstructured. From that internet disruption, NoSQL (“Not only SQL”) appeared, and the threat to SQL’s existence... Read more > 

Article Written By Jim Crompton, Reflections Data Consulting LLC

The world’s 7.5 billion people need a vaccine for COVID-19 as soon as possible. Earlier this year it seemed that one or two pharmaceutical firms might be able to obtain some sort of approval by the end of the year. But now many large drug companies are pledging to uphold scientific and ethical standards in the search for an effective vaccine. Many experts are now telling us that it may be mid-2021 before the majority of us will have access to a safe vaccine.

There is a big trust issue behind all of this. Most modern countries have well established processes to ensure safety of products before they are released... Read more > 

Article Written By  Trudy Curtis, CEO, PPDM Association

For thirty years, the mandate of the PPDM Association™ has been the development of the data management professionals, along with the standards and best practices that ensure petroleum data continues to evolve as a trusted and relevant asset both for its members and industry as a whole.

 

The Open Group Open Subsurface Data Universe™ (OSDU) data platform will revolutionize industry’s ability to deliver new subsurface capabilities through the creation of an open, standards-based ecosystem that drives innovation and accelerates the deployment of emerging digital solutions for better decision making. Industry participation in The Open Group OSDU™ Forum and support...Read more >

Article Written By Jim Crompton, Reflections Data Consulting LLC

For all of you who are Game of Thrones fans like I am, the phrase “Winter is Coming” is a very familiar one. For those of you who are not, here is a brief description from gameofthrones.fandom.com: "Winter Is Coming is the motto of House Stark, one of the Great Houses of Westeros. The meaning behind these words is one of warning and constant vigilance. The Starks, being the lords of the North, strive to always be prepared for the coming of winter, which hits their lands the hardest.”

 

Now this is not another blog about the Game of Thrones story. Nor is it a warning on a coming ice age or invasion of the Night King and his zombie army. It is actually an article on artificial intelligence. In a recent Economist Technology Quarterly story (June 13th, 2020), the limits of the progress of artificial intelligence is discussed. For those of you who know me or have followed my articles, you will know that I love to take the counter argument for any tech trends that gets overhyped, so this time to topic is AI.... Read more >

Article Written By Amii Rozell, IHS Markit

Understanding Digital Strategy Today, ‘digital’ is the talk of the town. Terms like digital technology, digital data, digitalization, digital transformation, and digital strategy are everywhere. With the rise of the Internet of Things (IoT), everyone wants to go digital. So which way should a company go when deciding to take on ‘digital’ as a strategy?

It is often mistakenly understood that the term ‘digital’ refers to another word for ‘technology’, or even more broadly ‘IT,’, rather than how it is used to support the business as a whole through by improving processes and activities with... Read more >