But managing large volumes of engineering-related content throughout the business life cycle – from exploration and production to facility operation and decommissioning – can create unintentional delays in project completion, and increases costs and risks. An often overlooked aspect of improving the management of engineering projects, plants and facilities, is better content management. Companies that truly want to impact the bottom line need to consider how better content management using industry-specific tools and templates can reduce risk, improve productivity, eliminate costs, and facilitate regulatory compliance. Continue reading
One of the best parts of my job is that I get to work with E&P customers and partners in who are working to solve really interesting business challenges. What’s even more interesting to me is that more and more of these business challenges have an information technology component that will positively or negatively impact the overall efficiency and effectiveness of the ultimate solution. The intersection and (more often than not) inter-dependence of technology within business operations provides fertile ground for technology companies such as EMC to engage with our clients in line of business discussions rather than just traditional IT dialogues. As such, our customers and partners are looking to EMC to take an active role in innovative research and development projects that incorporate business workflows, process improvement efforts, application development, underlying infrastructure stacks, and data themes. It is good to see IT professionals having a “seat at the table” and being able to contribute real value when it comes to solving business challenges. The realization that IT can help create a business advantage rather than Continue reading
~ An O’Reilly Radar Report: What is Data Science?
The analytics market is enormous; it is estimated at around $70 billion today, growing at an astounding 14-20% per year.1 And everyone’s getting in, from the technology heavyweights to the warehousing specialists to the visualization tool vendors to industry-specific companies across all sectors.
The utility industry is no different. Energy Central’s Utility Analytics Institute forecasts that utilities worldwide will spend over $2 billion2 and Pike Research forecasts over $4 billion annually on analytics by 2015, with a 65% compound annual growth rate (CAGR) from 2010.3
Why? Continue reading
The client/server model coupled with shared storage decreased costs, reduced the use of tape, and streamlined access to data. Thin client technology, which puts minimal hardware on the desktop and relies on the computing power of the server, was yet another innovation used to reduce costs. One could argue that today we have come back to thick clients with “fat” (large memory, multiple CPUs) Windows and Linux based workstation applications.
A new IT revolution is upon us – the shift towards cloud computing. The private cloud, deployed on Continue reading
For Momentum Energy & Engineering attendees, EMC has scheduled a full day agenda highlighting how EMC and Partners are transforming information management to optimize critical business processes, improve engineering and construction projects and ensure Environmental, Health and Safety (EHS) compliance.
The agenda includes:
- An Energy & Engineering Annual Roundtable, facilitated by Roberta Bigliani, Research Director IDC Energy Insights for EMEA. This roundtable is intended to provide attendees with an opportunity to share best practices, review current market trends, become part of EMC’s Energy & Engineering community and influence the IIG Solution development roadmap.
- Customer presentations including how Saudi Aramco is addressing structured and unstructured Information management by implementation of Digital Oil Field solutions and best practices for Exploration & Production. Also, Saipem S.p.A. sharing how they are addressing common business challenges to provide a simple, flexible, yet standardized document archiving and management model for all enterprise business units
- Demonstrations and presentations from key EMC IIG Energy and engineering Partners that are developing complementary solutions running on the EMC IIG platform
There will also be Continue reading
Organizations already have difficulties responding in a timely and cost efficient manner to eDiscovery requests. The industry being inherently global in nature has the added challenge of determining how best to bring information back from certain countries. Many foreign countries, especially those in the European Union have blocking statutes and other privacy laws that prohibit the transfer of data to the United States. The topic I am speaking about is Continue reading
Due in part to recent catastrophic events, the Energy sector, Oil & Gas and Utilities, is facing unprecedented scrutiny and a major increases in the scope and number of regulations in the Environmental, Health and Safety (EHS) areas. These new regulations will affect how companies manage the content across their entire value chain. An additional complexity that Energy companies must deal with is Continue reading
The explosion of computer technology has streamlined the process tremendously and allowed for orders of magnitude more data to be interpreted and analyzed in far less time. Yet, despite the exhilarating changes technology has provided, Continue reading
I am sure that IT managers and data administrators managing upstream oil and gas interpretation environments hear this all the time from Geoscientists. The folklore that drives this attitude from the geoscientists says that many have had bad experiences with getting data back once it has been moved off primary storage to tape. Either it takes too long to get the data restored from tape, if the tape can be found, or the full “project” structure of the data might have been compromised in the standard file system type backup to tape and intellectual property has been lost.
From the IT management side the typical conundrum is, “My storage is full, again. My budget has been cut. Do I really need to buy more? If so, how much?”
The reality of the situation is that Continue reading
Welcome to the EMC Energy Blog.
I have been fortunate to be immersed in these technologies affecting the highly-competitive energy industry and would like to offer you a look into this world.
Contributing to this blog will be the many subject matter experts who reside within EMC as well as their peers, colleagues, and thought leaders from around the Energy industry. So, without further adieu, let me begin by Continue reading