Are misconceptions holding back your data management strategy?
Upstream companies are placing increasing importance on the ability to understand and leverage their complete data sets as a means of gaining competitive advantage. However, as they pursue this goal, it is clear there are a number of misconceptions about the complexity, limits, value and even the definition of data management.
In this white paper, Nathan Amery (Executive Director, Global Practice Head, EDM for Energy, IHS Markit) analyzes and debunks the most common myths, such as the idea that multiple fixed data models make it impossible to implement an enterprise-wide data strategy.
The paper, which is based on conversations with E&P companies around the world, also outlines practical steps organizations can take to extract the maximum value from their data by focusing on technology, governance and corporate buy-in.