Expand Excellence: Business Intelligence Tools for Drilling Data Analysis as Enhanced Efficiency Approach

2021 ◽  
Author(s):  
Farit Rakhmangulov ◽  
Andrey Garipov ◽  
Mikhail Chertenkov
Keyword(s):  
Programming Languages ◽  
Business Intelligence ◽  
Data Model ◽  
Information Needs ◽  
Horizontal Section ◽  
Report Generation ◽  
Suggested Approach ◽  
Drilling Data ◽  
Main Driver ◽  
Key Issues

Abstract The business intelligence tools allow you to work with databases containing historical drilling records. This gives a possibility to collect data into a single visualized shell, to see patterns, and, most importantly, to identify the main issues. A database among Yamal region projects was taken as an example. This process automation allows you to reduce the time for collecting information and makes it possible to conduct a more detailed and thoughtful analysis of project indicators. In turn, this results in making quick and effective decisions. At the initial stage, historical drilling data over three years was analyzed, namely information on more than 800 drilling runs. A model was formed from various sources in reliance on the database, and a visual working dashboard of the project was compiled. The dashboard allowed us to recognize the main issues that were plain to see. Awareness of plain-to-see issues gives the possibility to find out what information needs to be added to the data model in order to perform more thoughtful analysis. Collecting all the data in one place is not enough. In order to bring the data together, they were collated and visualized in the most explicit way. The bulk data collected in a single model allowed us to see the whole picture of what was happening on the project and to concentrate on solving the root problem. Major issues resulted in equipment failures due to vibrations in the horizontal section. A more detailed vibration analysis showed that the bit was the main driver of vibrations. Hence, the data on rock strength and bottom hole assembly (BHA) vibrations were added to the model for further analysis. However, the complete package of data does not guarantee success. It becomes problematic to see the patterns in some situations, since analogous wells are not always available. While business intelligence tools make it easy to manage filters and find analogy, that is only fair if you have enough offset data. Based on the analysis, the most efficient bit designs were selected and proposed. The updated range of bits allowed to increase ROP in the horizontal section and reduced failures due to vibrations, so the well construction cycle was shortened. These tools are accessible for technicians, which means there is no need-to-know programming languages. Suggested approach allows to accelerate decision-making and identification of key issues. In addition, existing tools give the possibility to monitor key performance indicators continuously within a single project as well as throughout the country. In contrast to the well-known program with tables, the main advantage is the automatic update of the already built data model. This fact speeds up the analytical process and report generation by times.

scholarly journals Developing Strategic Capability Through Business Intelligence Applications

2019 ◽  
pp. 184-201
Author(s):  
Martin George Wynn ◽  
Daniel Brinkmann
Keyword(s):  
Business Intelligence ◽  
Strategy Development ◽  
Company Performance ◽  
Insurance Company ◽  
Capability Development ◽  
Report Generation ◽  
Research Findings ◽  
Data Provision ◽  
System Access ◽  
Strategic Capability

Company performance can be measured at all levels across an organization, and in the German healthcare industry, business intelligence systems play a crucial role in achieving this. For one major health insurance company (discussed here as an alias – AK Healthcare), the deployment of business intelligence applications has supported sustained growth in turnover and market share in the past five years. In this chapter, these tools are classified within an appropriate conceptual framework which encompasses the organization's information infrastructure and associated processes. Different components of the framework are identified and examples are given: systems infrastructure, data provision/access control, the BI tools and technologies, report generation, and information users. The use and integration of business intelligence tools in the strategy development process is then analyzed, and the key functions and features of these tools for strategic capability development are discussed. Research findings encompass system access, report characteristics, and end-users' capabilities.

scholarly journals A Study of Information Requirement Determination Process of an Executive Information System

2011 ◽  
pp. 807-813
Author(s):  
Chad Lin ◽  
Koong Lin
Keyword(s):  
Information System ◽  
Information Systems ◽  
Information Needs ◽  
Relevant Literature ◽  
Easy Access ◽  
Success Factor ◽  
Management Support ◽  
Public Sector Organization ◽  
Key Issues ◽  
Executive Information System

An executive information system (EIS) provides senior management with easy access to information relevant to their needs. It can spread horizontally across and vertically down to other organizational managers and provide three major types of benefits: information, management support, and organizational support (Salmeron, 2002). According to Salmeron, one key EIS success factor is the fulfillment of users’ information needs. However, the user information requirements determination (IRD) process during the implementation of an EIS remains a problematic exercise for most organizations (Walter, Jiang, & Klein, 2003). This is because IRD is the least understood and least formalized yet most critical phase of the information systems development (ISD) process. This phase is so crucial that many information systems researchers argue that IRD is the single most important stage during an EIS project development process, and if the IRD is inaccurate and incomplete, the resultant system will also be inaccurate and incomplete. Hence, understanding the issues that influence the IRD process of EIS is of critical importance to organizations (Poon & Wagner, 2001). However, little is known about the issues that influence IRD processes during the implementation of an EIS project (Khalil, 2005). Therefore, this article aims to examine key issues surrounding the IRD process during the implementation of an EIS project in a large Australian public-sector organization. The article first reviews relevant literature with respect to IRD and EIS. Key findings and issues identified from the case study are also presented. The article examines these findings and issues in light of these organizations’ IRD practices, and concludes by providing some lessons for EIS project implementation.

Do Users Go Both Ways?

2010 ◽  
Vol 1 (3) ◽  
pp. 15-33
Author(s):  
Hamid Nemati ◽  
Brad Earle ◽  
Satya Arekapudi ◽  
Sanjay Mamani
Keyword(s):  
Literature Review ◽  
Data Warehouse ◽  
Business Intelligence ◽  
Information Needs ◽  
Project Team ◽  
Market Place ◽  
Tool Selection ◽  
Road Map ◽  
Perceived Values ◽  
User Groups

A challenging task for a data warehouse team is identifying users by their information needs and skills, and then providing the BI (Business Intelligence) tools that support each group to do their job effectively and efficiently. Recent studies have shown that the BI market place is saturated with a bewildering array of capabilities, functions and software suites. The current lack of consistent interpretation of Business Intelligence has created some confusion in the market place. This paper defines a framework to identify different user groups in an organization and map their needs and requirements to the different functionalities offered by different BI tool vendors. Through literature review, clear definitions of users were created and a set of BI tools that identifies functional needs was established. From that information, a questionnaire was developed that probed for the relationships between user types, tools, functions and other perceived values. Responses from 154 professionals were then used to develop a road map for the data warehouse project team in BI tool selection.

Using a Business Intelligence Tool for Drilling Data Analysis in the Permian Basin

2018 ◽  
Author(s):  
Zhenyu Chen ◽  
Allen Lo ◽  
Maria Neves Carrasquilla ◽  
Zhiguo Zhao ◽  
Tanveer Shahid
Keyword(s):  
Data Analysis ◽  
Business Intelligence ◽  
Permian Basin ◽  
Drilling Data

scholarly journals Exploiting Business Intelligence for Strategic Knowledge Management

2016 ◽  
Vol 7 (1) ◽  
pp. 11-24 ◽  
Author(s):  
Martin George Wynn ◽  
Daniel Brinkmann
Keyword(s):  
Knowledge Management ◽  
Business Intelligence ◽  
Strategy Development ◽  
Strategic Knowledge ◽  
Insurance Company ◽  
Report Generation ◽  
Research Findings ◽  
Data Provision ◽  
System Access ◽  
Strategic Knowledge Management

In the German healthcare industry, Business Intelligence systems play a crucial role. For one major health insurance company (discussed here as an alias - AK Healthcare), the deployment of Business Intelligence applications has supported sustained growth in turnover and market share in the past five years. In this article, these tools are classified within an appropriate conceptual framework which encompasses the organisation's information infrastructure and associated processes. Different components of the framework are identified and examples are given - systems infrastructure, data provision/access control, the BI tools and technologies themselves, report generation, and information users. The use and integration of Business Intelligence tools in the strategy development process is then analyzed. Finally, the key functions and features of these tools for strategic knowledge management are discussed. Research findings encompass system access, report characteristics, and end-users profiles and capabilities.

scholarly journals Ataskaitų generavimo priemonių taikymas bankuose

2011 ◽  
Vol 58 ◽  
pp. 110-125
Author(s):  
Laima Zalieckaitė ◽  
Indrė Miniotaitė
Keyword(s):  
Data Storage ◽  
Business Intelligence ◽  
Assessment Tools ◽  
Classification Method ◽  
Generation Process ◽  
Sources Of Information ◽  
Report Generation ◽  
Intelligence System ◽  
Business Intelligence Systems ◽  
Bank Accounts

Besikeičianti ir sudėtinga išorinė verslo aplinka organizacijas, iš jų ir bankus, verčia aktyviai ir sparčiai reaguoti į rinkos pokyčius, ieškoti naujų galimybių, o tam reikalinga kokybiška ir operatyvi informacija, efektyvios rezultatų pateikimo ir analizės priemonės. Dinamiška rinkos situacija verčia bankus efektyviai valdyti ir vertinti rinkos riziką, t. y. turėti priemonių, leidžiančių įvairiais pjūviais analizuoti informaciją ir valdyti finansinės veiklos rodiklius. Maža to, valdoma įvairialypės informacijos šaltinių gausa lemia, kad duomenys tampa prieštaringi ir netikslūs. Šiame straipsnyje analizuojamas verslo įžvalgos technologijų sudedamosios dalies – ataskaitų generavimo priemonių, kurios padeda priimti efektyvius sprendimus ir sėkmingai spręsti iškylančias verslo problemas, taikymas bankuose.Pagrindiniai žodžiai: verslo įžvalgos technologijos, ataskaitų generavimo priemonės, ekspertinių sistemų technologija, verslo įžvalgos sistemos.Application of Report generation tools to banksLaima Zalieckaitė, Indrė Miniotaitė SummaryThe dynamic market situation is forcing banks to effectively manage and assess market risks, to have means to analyze various aspects of information management and financial performance, considering that the diverse sources of information, results, data are contradictory and inaccurate.The business intelligence technology is a tool that can help solve these problems. The report generation process is a very important tool for business intelligence technology. Bank managers of all levels rely on information in the reports when making business analysis and reports.The report generation process, changes in factor analysis show that a new approach to the environment of the bank accounts of the process generated, is qualitative changes and their implementation measures.Change is largely due to banks’ external environment and internal environment changes in the bank. Banks need a single universal set of data with all employees to analyze the data it required a cut. Unified data environment would allow a precise and clear definition of the data, and not to misinterpretation. Business intelligence systems based on the data storage, installation, and require the bank accounts of the generation business intelligence tools for installation. This would allow existing data to discover new patterns and possibilities to improve their performance.Following a thorough analysis of the reporting and assessment tools, these systems are classified in many ways, this paper reports the authors consists of generating the classification method. Summary of the classification method and the bank employees’ needs, the article defines the generation of reports should be supported by business intelligence system environment.As the report generation tools support a wide business intelligence systems (packages) spectrum are organizations, including banks, faced with problems when buying business intelligence systems. This article is for business intelligence systems, the selection criteria for banks in the environment, a bank employee needs and business intelligence systems vendor survey.According to the criteria of the banks analyzed and most suitable for the SAP BusinessObjects platform. However, to successfully implement a business intelligence system should be to determine which report generation tools will be implemented SAP BusinessObjects environment. It was therefore carried out a reporting tool features SAP BusinessObjects environment analysis and report generation steps up development bank model.Keywords: report generation tools, expert systems’ technology business intelligence systems.

Health Information Online: An Examination of Consumers’ Experiences in Managing Complex Health Regimes

2013 ◽  
Author(s):  
Lisa M Given ◽  
Stan Ruecker ◽  
Martina King ◽  
Moyra Lang ◽  
Myra Slade
Keyword(s):  
Information System ◽  
Health Information ◽  
Information Needs ◽  
Qualitative Interviews ◽  
Health Information System ◽  
Online Health Information ◽  
Global Context ◽  
Système D’Information ◽  
Key Issues

This paper reports on a study designed to build and test a health information system relevant to Canadian consumers’ information needs. The results of 15 qualitative interviews outline key issues that inform the delivery of online health information in a global context and the design of effective web tools.Cet article porte sur une étude conçue pour élaborer et tester un système d'information pertinent pour les besoins informationnels des consommateurs canadiens. Les résultats de 15 entrevues qualitatives mettent en évidence les enjeux clés de la prestation de renseignements sur la santé en ligne dans un contexte global et de la conception d'outils Web efficaces. 

Culture, Tradition and Technology

2016 ◽  
pp. 632-645
Author(s):  
Collence Takaingenhamo Chisita ◽  
Ismail Abdullahi
Keyword(s):  
Economic Development ◽  
Rural Areas ◽  
Information Needs ◽  
Developed Countries ◽  
Development Programs ◽  
Local Conditions ◽  
Integration Of Technology ◽  
Socio Economic Development ◽  
Key Issues ◽  
Culture Tradition

In both developed and developing countries culture, tradition and technology are key issues that affect the dialogue relating to how the three elements can be integrated in socio-economic development programs. This chapter examines the extent to culture and technology has an influence in the integration of technology in socio-economic development in Africa. It also inquires about the extent to which technology influences culture and traditions in developed countries. Furthermore, it scrutinizes the degree to which culture and traditions are receptive to the integration of technology within the socio-economic fabric of the society. The chapter concludes that school libraries should develop a curriculum that is relevant to the information needs of the community, especially those in rural areas. It is imperative to engage communities in developing programs that help to elevate communities without compromising on fundamental and internationally recognized standards. If local conditions are taken into cognizance programs to integrate culture, tradition and technology will be successful.

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