What are Taxonomies?
Taxonomies are structured systems that categorise and organise knowledge, concepts, and terms. They establish a common language for information exchange, whether between people, or between information systems. They also deal with synonyms, aliases, and acronyms, providing a translation layer for industry jargon. A Drilling End of Well Report is a Drilling End of Well Report, even if your company calls it a Final Drilling Report, or a Drilling End of Well Compilation.
The Flare Taxonomies are the result of two decades of careful design and improvement that enable clear, precise categorisation of a document according to its type (for example, a plan, a proposal, or a report); what it’s about (perhaps, a project, a platform, a well, or a seismic survey); and the types of information it contains (which might be biostratigraphy, wellbore deviation data, a final wellbore schematic – or perhaps, all three).
Our taxonomies cover tens of thousands of industry terms, and millions of relationships, encompassing all of the oil and gas industry, and continue to be expanded to include increasing elements of renewables, and other energy sectors.
Stored within the graph database of the Sirus Platform, the Flare Taxonomies support precise, detailed classification of documents as part of document management system migration, M&A rationalisation, records retention, and similar projects. They are key to the high performance and recall of Intelligent Search: as an example, all the synonyms for “EOWR” are just one hop away along our knowledge graph. They also enable smart and dynamic reclassification of documents in bulk. The GEOL_EOWR classification tag used by the North Sea Transition Authority is simply a mapping to five Taxonomy Product Types – enabling our MiNDR product to automatically classify and flag such content for reporting.
The Flare Taxonomies,
Whether you’re looking to rationalise, integrate, and simplify document stores; deal with records retention and compliance challenges; or aiming to improve the precision and recall of your internal search solution, the Flare Taxonomies can help – contact us today to find out more.