The transformative promise of Big Data Analytics is to generate actionable insights from massive amounts of constantly evolving data, and to then leverage those insights to achieve positive, meaningful business and societal outcomes. Listen as Ayata’s SVP of Sales and Marketing, Daniel Mohan, discusses how Ayata is helping top-performing operators in unconventional plays frustrated by wide performance variations and unpredictable returns on invested capital, and concerned about competing in volatile or deflating price environments, create more efficient and effective recipes for drilling, completing, and producing wells.
Daniel MohanMaximizing Oil Production with Prescriptive Analytics
For any pioneer, the future holds great promise and great mystery. Solving mysteries often requires overcoming challenges before the rewards can be fully realized. But what if a pioneer was given a time machine that allowed him to glimpse into the future before returning to the present? That pioneer would likely use that knowledge to prevent the hurdles in his way and to discover even greater resources he might otherwise have missed, allowing him to potentially reap greater rewards.
Amy LoganScience Fiction Now A Fact In The E&P World
Big Data—information sets too large to be effectively computed on desktop systems—isn’t just the buzzword du jour. It provides an unprecedented ability for business and industry to precisely model the effects of past managerial decisions on the bottom line. But an emerging analytical process called prescriptive analytics could help companies not only learn from previous decisions, but predict and plan for upcoming issues as well. It’s Big Data evolved, and could change how the world does business.
Andrew TarantolaHow Prescriptive Analytics Could Harness Big Data to See the Future