Tag: Data-Centric Decisions

Digital OilfieldInformation SystemsOperations

When trying to connect technology innovation with business, an intelligent interface between the two is required. It must be able to translate business opportunity into technical requirements; innovate, test and evaluate; and seamlessly implement new technology into the business.

September 9, 2011 Predictive Analytics

Predictive AnalyticsReal-Time

Predictive analytics is used in actuarial science, financial services, insurance, telecommunications, retail, travel, healthcare, pharmaceuticals and other fields (Wikipedia).

September 8, 2011 What is Content?

DIKWKnowledge Systems

The operations system designer should perform content analysis. Content analysis is both qualitative and quantitative.

August 31, 2011 The Value of Real-Time Data, Part 1

DIKWKnowledge SystemsReal-Time

Real-Time data is a challenge to any process-oriented operation. But the functionality of the data is difficult to describe in such a way that team members not well versed in data management. … (3-part series)

February 23, 2011 Knowledge as an Asset

DIKW

Moving knowledge within the organization is perhaps the most challenging aspect of corporate knowledge. Knowledge handoff must occur laterally and temporally.

February 11, 2011 The Data-Information Hierarchy, Part 2

DIKWInformation Theory

Data, as has been established is the organic, elemental source quantities. Data, by itself, does not produce cognitive information and decision-making ability. But without it, the chain Data –> Information –> Knowledge –> Understanding –> Wisdom is broken before it starts. … (3-part series)

January 30, 2011 The Digital Oilfield, Part 1

Digital Oilfield

Simply put Digital Energy or Digital Oilfields are about focusing information technology on the objectives of the petroleum business. (2-part series)