On 1st July, 2021, the OGA’s new cloud-based NDR service was launched to regulatory users and will shortly be launched to public users. Regulatory users are finding a wealth of improvements in how reportable information is delivered, managed and accessed, together with new underlying technology which will improve both system performance and user experience.
Information and records management services are crucial for any business and choosing the right provider for your company is key to ensuring effective and efficient operations...
Many businesses possess vast amounts of data and managing large repositories of structured and unstructured information can certainly be difficult. Some companies are looking to AI as a solution to this issue. However, this approach can be costly, and also requires data to be well-organised.
AI is a substantial force in the world of business right now and it will only continue to grow as it becomes increasingly powerful. More companies are moving to AI-powered Intelligent Search thanks to the benefits of time efficiency and…
While many industries have struggled to deal with the effects of the pandemic over the past nine months, the E&P sector has been particularly hard hit by market uncertainty, and we expect to see some ‘belt tightening’ as the industry…
One of the most valuable resources any business has access to is data. Data and information are both growing in volume and complexity on a daily basis. That means how you capture, manage, access, and secure data is becoming an increasingly important concern for many business owners.
Farm-in opportunities and license rounds often result in large volumes of poorly organised information requiring analysis and interpretation within strictly limited timeframes. Without sufficient support, your subsurface team members may find themselves spending more time searching for information than interpreting it.
With Flare’s innovative suite of information management tools, we are on-hand to take the pressure off your support staff and geoscientists when in receipt of data room information. Our Graph-based technology and ML-driven document recognition systems allow us to process large volumes of data and information very quickly, delivering fully catalogued datasets and enriched, descriptive metadata, all accessible via a set of easy-to-use search tools.
If you would like to see a demo of our Sirus IM suite in action, feel free to give us a call.
Flare has helped many of its clients migrate millions of documents from on-premise electronic document management systems and file shares to SharePoint Online. Flare’s SharePoint adapter moves the content and adds the metadata you need without any impact on day-to-day operations. If you have a content migration challenge, get in touch to see if Flare can help.
Flare has extended its energy taxonomy to cover renewable energy sources like wind, solar and geothermal. This includes products and terms to support areas such as energy transition to net zero, CCUS, regulation and licencing, energy markets and economics, generation equipment, distributed generation and microgrids.
In common with the rest of the Flare taxonomy all terms have hierarchical and other inter-term relationships as well as rich synonyms and examples. This enables accurate and relevant searching across your own and external sources as well as supporting your information and data interpretation and analytics.
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In Flare's early days we were fortunate enough to land a software deal with a large energy company. The deal was to provide our IM solutions to the entire company under a global license deal. But would the same solution work for smaller companies?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.