Category News

Information and data management in the downturn

Information Management

2020 was a very difficult year for individuals and companies around the world. Covid-19 has affected all aspects of our lives and has impacted the energy sector in a number of ways, most noticeably in falling energy prices
due to reduced global demand. The downturn in the industry has led to energy companies reacting by cutting costs, reducing staff, shelving projects, and delaying exploration and development decisions. Because data and information drives everything we do in the industry, including business decisions at all levels, it is important companies continue to invest and look after their data and information assets. Information and data content should be a clear competitive differentiator for energy companies.

We've recently added a download to the website that looks at how energy companies need to react to the downturn and plan for the upturn.

Flare awarded data services contract with the Oil & Gas Authority

Flare Oil Gas Authority

Flare Solutions is delighted to announce that the OGA (Oil & Gas Authority) in the UK has selected Flare to help improve the completeness and quality of data held by the OGA. The OGA’s aim is to ensure that it can supply better datasets to the industry and other stakeholders in order to promote its objectives of Maximising Economic Recovery and Energy Transition.

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Establishing an Exploration Project Interpretation Environment?

Exploration - Flare Solutions

As every technical assistant knows, one of the first requests that an exploration manager will make when starting up a new project is to establish the digital interpretation environment.  This inevitably means trawling the company’s operational and legacy repositories to find whatever structured or unstructured information the company may own over the proposed AOI.

Often, it is building the unstructured dataset that will produce the greatest challenge. In a bid to find all salient reports and archived projects, support staff typically find themselves tackling everything from snapshots of poorly managed legacy shared-drives to multi-format library indexes of decades-old hardcopy stores.

With Flare technology, this process can be dramatically streamlined.

Click to find out more.

Master Data Clean Up Projects – Whatever the size!

Data Clean up Projects

At each stage of a large-scale data and information clean-up project — from the first scans of your legacy repositories to building the final, cleaned dataset — Flare will leverage our industry-leading technology to ensure that your quality expectations are being met.

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Seasons greetings to clients and friends

Seasons Greetings from Flare Solutions

We've heard the word 'unprecedented' so many times this year, and we recognise that it has been a tough time in the Energy industry for companies as they face new challenges, and for individuals with uncertain futures.

However, as we head towards Christmas, we'd like to take this opportunity to wish all of our clients and friends a peaceful and happy holiday season. And, of course, we'll raise a glass to a happy and brighter New Year.

And for those of you that fret about needles falling from your Christmas Tree throughout the festive season, why not pop over to our website, and download your Needle-Free Christmas tree model.

Information Management Clean Up Services

Digital Cleanup Information Management

With over twenty years of continuous development, Flare’s Sirus information management suite now forms the foundation of our IM clean-up services.

We’ve combined industry best-practice in the capture and quality improvement of very large datasets with the speed and scalability of Graph technology, AI-driven metadata enrichment, and the most comprehensive Energy taxonomy available on today’s market.

The end result: whether your information is stored on hard media, live shared-drives or document management systems, we can gather, merge, and process it faster, and with greater accuracy, than ever before.

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#artificialintelligence
#FlareSirus

The Importance of Information Management Governance

Information Management Governance

Organisations have long pushed Information Governance as a focus of their activities. Its key elements of Sponsorship, Standards, People & Organisation, Controls, Technology and Processes provide a framework for all other related data and information management activities.

However, we still find that some companies don’t embrace IM Governance and as such they sometimes lack a coordinated and sustainable approach to IM. Flare has designed a number of governance frameworks for our clients and we’ve collated our methodology into a short paper.

Flare puts the power of Sirus into Office 365

Power of Sirus and Office 365

Flare's new assistant Ava is now available in O365 applications to help users with suggestions for tags, standard names or values from business glossaries and dictionaties.

So, if you've ever struggled to remember the official company name, project, reference code or just want to know what tags to add to a document to make it easier to find Ava can help. 

Ava sits right alongside Microsoft Word, Excel and PowerPoint and can also help in SharePoint.

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#InformationManagement
#FlareSirus

Do you wish you had sparkling clean information and data?

Digital clean up

The phrase “rubbish in – rubbish out” has never been so relevant. 

It is not surprising that you struggle to find the information you need if it has not been stored with meaningful, consistent tags.

And now, as we try to get machines to do automatic tagging using artificial intelligence and machine learning techniques, it is critical that we train these new applications well with clean input content or they will tag badly too.

Flare has a range of tools to help; to help you make sense of your input information, even on a messy shared drive, to help you give it consistent tags, to help you find it again.  And to keep it polished if things change.

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#artificialintelligence
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Is your IT/IM architecture too expensive?

IT IM Architecture

Is your IT/IM architecture too expensive?

One client had over 300,000,000 documents indexed on one server

That's not a typo.  We've been working with a client in the midst of M&A activity, who had to deal with a massive influx of content.

Using Flare's tools allowed us to index the entire dataset on one server.

If you'd like to save money on infrastructure, contact us to find out more.