Upstream Sensor Data + Big Data Analytics = Game Changer in Oil n Gas industry
Mo Data stashed this in Big Data in Supply Chain Mgt and Heavy Industry
New machine learning and big data innovations in processing billions of events and a variety of messy data sources using Map reduce paradigms has helped a lot of human generated companies to disrupt their markets. The question is how can Oil and Gas companies use the same data innovations levers on machine data to disrupt the way of managing last minute risks?
Each blow costs the Oil and Gas industry a Billion dollars.
Can we avoid it? Can we see it coming and take action?
We also know that each operating rig consists of thousands of sensors. This sensor data is used to analyse and reduce HSE (Health, Safety and Environment) risk considerably and dollars....