Articles

How big data analytics are changing the oil and gas industry

Houston — Today, “big data” has become a ubiquitous phrase at any enterprise, primarily as data in volume, velocity and depth grows due to consumerization of the world.

To understand its potential to change the oil and gas industry, one must first understand innovation dimensions and how they can be applied at any enterprise. Enterprise Innovations usually can happen around three possible dimensions: Business, Operations and Technology. Business innovation – changing the way people do business via a completely new and disruptive business model.

Source: worldoil.com
Author: Amit Mehta

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