A whitepaper from Logi Analytics proposes best practices for oil and gas business intelligence (BI) dashboard development. As we reported last month, Logi’s Info tool was deployed by Engie (formerly GDF Suez) to add ‘self-service’ business analytics to its ‘LinkToAsset’ operations dashboard.
Logi argues that although traditional BI take-up is low, such dashboards are now the go-to access point for operation al data. Dashboards empower a wide variety of users, not just power analysts. Users can see if targets are being met, understand performance discrepancies, identify opportunities and threats and drill-down on issues that require further investigation.
Logi’s cookbook for BI involves the following steps. First, understand your data sources and business rules. Next build a repository for historical and real-time data. Then define metrics and performance goals. Finally stick an interactive UI on to and you are set.
Logi observes that focus of BI is shifting from pre-defined queries and reporting to user-defined analysis based on interactive real-time data visualization.
Logi poster child, China National Oil Company unit Nexen has used the BI/dashboard to obtain insights into its financial and operational metrics, replacing manual data entry and reporting. Coverage includes health and safety, production, staff retention and asset integration. Logi provides Nexen’s users with simple tools for data drill-down into a central data resource. More, but not very much more, in the whitepaper.
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