beyond standards - perspectives on improved collaboration

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Beyond Standards – Perspectives on improved collaboration IMARC 2014 Stephen Mundell

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The current standards of data is...big! acQuire's Director of Research provides insights on the collaboration framework to make data more useful in his presentation at the International Mining and Resources Conference (IMARC) 2014.

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Page 1: Beyond Standards - Perspectives on improved collaboration

Beyond Standards – Perspectives on improved collaboration

IMARC 2014

Stephen Mundell

Page 2: Beyond Standards - Perspectives on improved collaboration

The current status of data is …. Big!

Beyond standards

Page 3: Beyond Standards - Perspectives on improved collaboration

Where’s that insight?

Beyond standards

Page 4: Beyond Standards - Perspectives on improved collaboration

Beyond standards

Wisdom

Knowledge

Information

Data

Page 5: Beyond Standards - Perspectives on improved collaboration

Beyond standards

Data

Big

Fast

Smart

Page 6: Beyond Standards - Perspectives on improved collaboration

Desired outcomes of business challenges

Beyond standards

Increased Safety

Increased Productivity

Improved Efficiency

Embracing Innovation

Single Source of Truth

Page 7: Beyond Standards - Perspectives on improved collaboration

Beyond standards

What is data used for?

Process Control

Optimisation

Targeting

Reporting

Page 8: Beyond Standards - Perspectives on improved collaboration

Improved collaboration

Beyond standards

Page 9: Beyond Standards - Perspectives on improved collaboration

Make data more useful

Beyond standards

Page 10: Beyond Standards - Perspectives on improved collaboration

Beyond standards

The collaboration framework

Inclusivity – allows more input

Allows innovations to materialize

Improved data quality and relevance

Page 11: Beyond Standards - Perspectives on improved collaboration

Beyond standards

Standards

Proprietary format

Page 12: Beyond Standards - Perspectives on improved collaboration

Best Practice vs Next Practice

Beyond standards

Page 13: Beyond Standards - Perspectives on improved collaboration

Case Study: A framework for business to business communications

Beyond standards

Mine

Laboratory

Mine

Page 14: Beyond Standards - Perspectives on improved collaboration

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Barrier• Poor Language

• Poor Process

Methodology• Technology

• Aligning of Processo Mineo Laboratory

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Make it publicPublicise it

Beyond standards

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Example: WITSML

Beyond standards

A standard for transmitting technical data between organisations in the petroleum industry

Facilitate the free flow of technical data across networks between oil companies, service companies, drilling contractors, application vendors and regulatory agencies.

Page 17: Beyond Standards - Perspectives on improved collaboration

Beyond standards

WITSML

Energy Company

Regulators

Software Developers

Service Company

Page 18: Beyond Standards - Perspectives on improved collaboration

Beyond standards

Page 19: Beyond Standards - Perspectives on improved collaboration

Beyond Standards – Perspectives on improved collaboration

IMARC 2014

Stephen Mundell