The Role of Predictive Analytics in Asset Optimization for the Oil and Gas Industry

This White Paper describes the business challenges facing the oil and gas industry relative to asset optimization. It also describes the current state of predictive analytics for asset management and provides an example of its use in the rail industry. Finally, it reviews the potential application of predictive analytics in the oil and gas industry […]

Overcoming psychological barriers to good discovery decisions

Better individual and team decision-making should enhance R&D performance. Reproducible biases affecting human decision making, known as cognitive biases, are well understood by psychologists. These threaten objectivity and balance and so are credible causes for continuing unpleasant surprises in Development, and high operating costs. For four of the most common and insidious cognitive biases, we […]

Surfing the Rich Data Deluge

It’s hardly a secret that today’s pharmaceutical and biotech companies are drowning under a deluge of digital images and other types of rich data. From NextGen DNA sequencing to high content screening (HCS) to in vivo whole animal imaging, these complex and rapidly evolving technologies are opening important avenues of scientific exploration across drug discovery […]

The Case for Digital Archiving in Life Sciences

Even as the Era of “Big Data” engulfs life sciences and researchers rush to wring immediate value from the electronic data deluge, the long-term archiving of this valuable asset is unfortunately, widely neglected. Few industries face a more daunting data management challenge. The size of datasets is numbing, the diversity of data types is bewildering, […]

Delivering the Next Generation of IT Platforms for Subsurface Engineering

To stay competitive, the geophysical and reservoir modelling sector of Upstream constantly needs to innovate so as to incorporate smarter and faster methods for reservoir evaluation and production planning. Innovations in this area should: 1. Deliver New Insight to enable safer, faster and more profitable decisions to be made within a collaborative, globally distributed working […]

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