EnergyIQ E&P Data Design
Making good decisions requires access to master data that meets the needs of the business in terms of relevance, accuracy, timeliness, completeness and availability. The reality, however, is that E&P professionals are often required to use ad-hoc retrieval processes to piece together the information they need from incompatible silos of data with questionable value and quality. The result is usually delayed decision-making, higher risk decisions, and missed opportunities.
In order to design a Master Data Store that meets all the needs of the business, we apply our proven methodology to discover your data needs based upon both the business and technology requirements. An important step is to perform a gap analysis, using the EIQ Diagnostic, to compare requirements with the current environment. We then find the holes and determine the most efficient method to acquire and manage the needed data, making it widely accessible to all decision makers.
The result is a robust design for a Master Data Store solution to support all your critical decisions.
Key input includes:
- Analysis of the business needs
- Existing and required data
- Application use and access
- IT resources and restrictions
- Business process and data flows
- Data quality, reference codes, and exchange formats
- and more
How can our team work with yours to transform your information? Contact Us