IDS provides customized web-delivered operational analysis and reporting software for upstream oil and gas and other industries including construction and mining. “IDS’s goals are to help oil companies transition to the digital oilfield, provide ANOVA-as-a-Service to enable true knowledge sharing, deliver best practices, and grow the customer base,” says Chief Technology Officer Reuben Wee. In data analysis, if there is any doubt at all as to the accuracy or integrity of the data, it is just not usable.”
Read the story to find out how, using Jaspersoft, IDS provides new capabilities to its many new clients. With its Lean Automated Reporting (LAR) software, the company reduces human error by reducing human contact with data. LAR aggregates data from all sensors during drilling and from a state detection system, and compares it to machine learning and a curated analysis of variance (ANOVA) data source to translate noise to signal. The result is automatically converted into human-readable reports.
“LAR It’s essentially a more truthful reflection of sensor data, a more transparent way of showing how you derived the data. We found that TIBCO Jaspersoft was the best fit for knowledge sharing among tools.”
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