Transforming Data into Value

Are organizations handling data effectively and what's the value?  Data and applications should bring insights to operations, because today's operations are based on big data.  Whether it's time to value, product quality, regulations, or something else – most companies need a way to calculate the business case, ROI, and technology value.

This session will illustrate how manufacturers are solving problems through analytics, data infrastructures, and the digital transformation.  Users will present use cases on how they are transforming data into value using operational data.  Aera Energy will discuss how it is saving millions by using well analytics and digital modeling to improve water injection and to optimize drilling activities in its geologically complex Belridge oil field.  INVISTA, a specialty chemical, polymer, and fiber division of Koch industries, will describe how the "right" wireless vibration technology is a critical component of their journey to strategic predictive analytics plant-wide at their facilities.  Devon Energy will share efforts in advanced analytics to cut through the changing conditions in a plant by leveraging historical data to get a clear picture of underlying asset performance and thus improve asset availability, maintenance costs, and plant profitability.  

Moderator
Wednesday AM
S2: 10:30 AM Track 4