Gain A Competitive Advantage Through Improved Information Management
Companies in the oil and gas industry constantly face a number of challenges: addressing increased demand for products and services; improving service levels; reducing the risk of catastrophic events; and complying with a growing number of regulations and guidelines.
Effective information management can be a tremendous ally in efforts to address these challenges; however, many companies often discover that their information systems hinder rather than help them. The reason? Oil and gas employees rely heavily on maps, spreadsheets, reports, manuals, and drawings to source, obtain, and process their various products in daily operations. This unstructured data is difficult to manage and puts companies at risk.
To reduce the risk of litigation or worse, oil and gas companies must adopt strict information retention policies and procedures. Most importantly, the integrity of the data stored in these documents must be protected at the same time the data is made available to the appropriate individuals, groups, or applications.
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