In reality any company can get benefits of the Visual BI and Big data analytics solutions. Alrasmyat Data analytics solutions are serving more than 600 companies all around then glob which means more than 1,700 departments to solve their issue, challenges and to do BI of their business processing.
But in the energy industry these challenges becomes more and more complex and need effective services of the Big data consultancy and business intelligence. In oil and gas industry data and its keen analysis is dreadful need of the time. To get high productivity we need perfect estimation and visualization of these estimated reports to get the idea of the downtime. Lets spotlight the challenges and their solutions.
Oil and gas industry is responsible for providing resources that have impact on the life hundreds of thousands of people. The simple and accurate access of financial data and reports about state of the turbines is crucial to provide uninterrupted services to their customers.
Data visualization tools and operational metrics are the trustworthy solution for energy industry. Visual BI with visualization tools like BI reporting dashboards are providing insights into the operational performance for all activities along with the capability to highlight the trends that might vary the exploration and production plan.
The challenge faced by oil and gas provider is the varied and heterogeneous data, coming from various sources and it is now difficult to derive better insights that they desperately need. Like, to meet the production goals while lowering the cost margins every company need optimized upstream operations to deal with both oil and gas production and exploration.
This challenge becomes more tough and complex with fluctuating oil and gas prices in the market, companies need to balance up time production. In exploration drilling and completion of wells need accurate analysis along with the production (recovery of gas and oil from the wells).
The secret recipe to deal with this verity of data and make analysis of this data is “oil and gas analytics solutions” along with Visual BI solutions. Alrasmyat’ BI reporting dashboards can provide integrated view of the exploration and production to manage both at the same time. It can help to solid decision making. Dashboards are able to provide details on the wells data and bore data and help to get insights from drilling and performance efficiency.