The upstream oil and gas industry needs to focus on data democratisation to gain return on innovation through big data, says Dr. Satyam Priyadarshy, chief data scientist, Halliburton. The rise of big data is featuraing strongly in the upstream oil and gas industry, and along with it comes the challenge of growth in dark data. Gartner defines dark data as the information assets … [Read more...] about Why The Oil and Gas Industry Needs Data Democratization
big data analytics
CIO Summit Europe
A forum for innovative IT thought leaders across Europe Despite economic instability in the euro zone amid an on-going global financial crisis, IT spending worldwide is expected to increase in the coming years. But even with enterprises tacking notice of new technologies capable of driving revenue and lowering costs, IT departments aren't yet in the clear. The role of the CIO … [Read more...] about CIO Summit Europe
Could A Robot Take Your Job?
The BBC in the UK recently published a study of over 350 professions, ranking them in order of the likelihood of a robot being able to do their job in the near future. The data, gathered by Oxford University academics Michael Osborne and Carl Frey, judged each position against 9 key parameters of artificial intelligence and machine learning in order to compile the rankings. The … [Read more...] about Could A Robot Take Your Job?
2nd Big Data Analytics in Oil & Gas
As the amount of oil and gas data increases exponentially, new thinking, synchronised processes and advanced technologies will play a part if the full value of the data is to become a reality - in terms of better decision making, reduced operational costs, greater efficiency and increased production output. Since our first Big Data event last April, there have been some big … [Read more...] about 2nd Big Data Analytics in Oil & Gas
Cutting Through the Buzz of Big Data; 5 Big Data Myths Debunked
While socialising with my partner (something that will abruptly stop for a while after the imminent birth of my second child), when I tell people that I recruit for Big Data & Data Science professionals, their reactions vary from a vacant, glazed look in their eyes to a knowing nod (that actually masks a total lack of understanding). It is fair to say that most people dont … [Read more...] about Cutting Through the Buzz of Big Data; 5 Big Data Myths Debunked