Oil and Gas

For a long time, the oil and gas industry has been behind on adopting new technologies. Slowly, this technological gap has been decreasing with 57 of the world’s 100 largest oil and gas firms are using or planning to use predictive analytics. Predictive analytics allows oil and gas companies increase drilling speed and accuracy as well as reduce maintenance costs and downtime.

How our products help

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    Optimize operations by simulating different scenarios based on KPIs and outcomes.

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    Assess your organization’s data potential and start a data transformation.

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Case study

Situation

ANCAP is Uruguayan company that provides the fuel that heats homes and business and fuels cooking equipment, agricultural machines, and transportation.

Solution

The company used data analytics and artificial intelligence to calculate and project the efficiency of its furnaces.

Impact

Preventative maintenance allowed ANCAP to cut the time spent on routine processes by 60% and save 20% more fuel.