Recent updates from Economics & Country Risk-many based on comments from YOU, include:
You asked for a single platform to access all your IHS Markit information and insight
We continue developing IHS Markit Connect, our online business platform for all your IHS Markit subscriptions. Connect provides intuitive navigation, robust search, powerful scenario tools, and interactive charts and maps. Services recently migrated or coming soon include:
- Pricing and Purchasing services
- Consumer Markets services
- Foresight Location Analytics
- Construction (Global and US)
You were looking for custom tools
Last year we launched an enhanced risk scoring system and enriched our risk content and visualization tools on IHS Markit Connect. We have recently launched tools that allow for greater customization of the information found on the platform.
- Report builder tool allows you to craft custom reports in Word or PDF, drawing on dynamic charts and written analysis
- My Regions enables you to select, group, and view the countries that are of most importance to your current projects. These selections can be updated or changed with a simple click
- My Risk Weightings allows you to assess the riskiness of a given country based on the risk factors most critical to your organization and apply that risk weighting across the world
You wanted a searchable database of experts
We have added a searchable expert directory that allows you to view and export contact information, biographies, and recent research published by our economists and analysts by name, region of focus, or sector coverage.
You asked for enhancements to your Life Sciences products
- The Risk-Sharing Database is moving to a monthly updating cycle and will include new infographics for trends and a "search by date"
- PharmOnline International (POLI) additions include a sophisticated exchange rate calculator, international drug ID codes, and a column called "Region" which is relevant for countries where we have pricing data at a regional level
You wanted to take your data to the next level
We have released new versions of the following software
DataInsight Desktop™ software which will allow you to:
- Connect your queries to the time series desired with new relevancy optimization
- Combine keyword search and attribute filtering for cleaner more targeted results
- Quickly view new data related notifications from within DataInsight Desktop™
EconoSim 2.0 which will enable you to:
- Create specific equations using custom data, IHS Markit data from the Global Link Model, or a combination of the two
- Upload those equations to the EconoSim software for use in conjunction with the Global Link Model
- Coming soon: Support Eviews 9, in addition to Eviews 8
Your feedback has contributed to action plans to improve our Energy Information and Analytics products. Please see the following recent and upcoming product enhancements to this suite of products.
Kingdom 2016.1 was released in August, 2016 and continues to develop and introduce highly requested features to significantly improve workflow efficiencies. This release provides a dramatic leap forward with Kingdom by IHS Markit in providing our customers with new compelling geological functionality on an enterprise scalable platform.
This release provides the fully integrated IHS Markit Geology and Geophysics interpretation platform allowing asset teams to more efficiently collaborate on building subsurface models and increasing profitability. These powerful new tools significantly improved geological data loading, management, visualization and interpretation, to lower risk and uncertainty with each stage of your upstream workflow.
Additionally, we introduced a new module named Spatial Explorer, powered by Esri® to efficiently connect to your map data services in ways previously not possible. We are once again showing our commitment in responding to your rapidly evolving business demands.
IHS Markit also released the Kingdom Gateway plug-in for Petrel software supporting Kingdom 2016 and Petrel 2015. In this release:
- The Gateway now supports Kingdom 2016 with Petrel 2015
- The Gateway now supports additional data transfers from Petrel to Kingdom including wells, deviation surveys, time-depth charts and digital log curves
- The Gateway Kingdom 2016 - Petrel 2015 release and What's New information can be accessed via your Kingdom My Account online
- The Gateway for Kingdom 2015 to Petrel 2015 support is also available for download via your Kingdom My Account
In August, 2016, IHS Markit released Petra 2016, which includes a number of customer requested enhancements as well as multiple bug fixes to improve workflow efficiencies, and to provide interface and usability improvements.
Highlights of this release include floating tabs that can be undocked and displayed in a separate floating window that allows for multiple tabs to be displayed simultaneously, flex gridding and dual cross sections. For more information, access the release notes on the Petra Online User Community.
GeoSyn 2016.1 was released in August 2016 providing requested features that improve workflow efficiencies. This release also provides additional integration between GeoSyn and Kingdom, and enhanced interpretation and infrastructure capabilities. Highlights include the ability to save synthetic traces directly to a Kingdom project, dynamic updates of synthetic models, creating a pseudo well in a 2D section in GeoSyn 2D to better model geological properties and others.
IHS Markit Vantage®
IHS Markit Vantage 2.5 was released in August 2016 providing a unique online platform for technical and commercial analysis for global upstream assets. IHS Markit Vantage leverages world-class tools, proprietary IHS Markit Exploration and Production (E&P) data, industry intelligence, and a transparent methodology, to support complex upstream commercial planning, making it possible to now analyze over 15,000 global assets including undeveloped discoveries modeled at project and phase level.
The latest release includes new and improved functionality, including speed improvements that accelerate access to data and analysis, unconventional asset summary reports, high impact prospects and oil sands assets increasing our coverage to over 15,000 assets, and a download map and map legend to compliment spatial workflows.
IHS Markit Harmony™
IHS Markit Harmony 2016 v2 and 3 were released, containing highly requested functionality with the new Hybrid Multiphase Model; this allows rigorous modeling of oil and gas condensate wells in a matter of seconds, allowing more wells to be analyzed with limited resources. This also reduces dependence on standard simulation tools, which are both costly and time consuming to use.
IHS Markit also released Harmony Forecast™, the evolution of the Harmony petroleum well analysis platform that is now multi-user capable for single users and teams. This separately licensed software expands on our existing petroleum well analysis technology by making it scalable, collaborative and suitable for large or small IT environments. Forecast is ideal for asset teams, reserves groups, consultants and financial companies.
IHS Markit Piper
IHS Markit Piper 2016 v1 was released in March, 2016. This release contains a number of significant enhancements, including the ability to model oil wells with variable deliverability, allowing engineers to predict back-out or flush production from any type of hydrocarbon reservoir. This has been achieved through the import of oil analytical models from IHS Markit Harmony RTA.
In July 2016, the QUE$TOR released a dedicated upstream regional cost databases for Russia in partnership with a local company. With the launch of a dedicated regionalized cost databases for Russia, QUE$TOR will enable our clients in Russia and abroad to build accurate cost models for developments in the country.
IHS Markit AccuMap®
AccuMap continues to evolve with customer feedback. We continue to expand on existing workflows for the Well Profile Viewer, allowing users to add label annotations, user completions and view their wellbore spatially.
New functionality allows users to manually position postings, create core LAS files from the new and improved Core Analysis card as well as use the AccuMap Updater to download all land updates.
Now that we no longer need to support Classic AccuMap, we are able to focus on adding new data attributes and modules as we move forward into 2017.
IHS Markit AccuLogs®
AccuLogs has recently upgraded its user interface to use Microsoft Ribbon technology. This change allows our users to better streamline their workflows and experience a consistent look and feel with AccuMap. In addition, a new feature has been added that allows users to auto-increment tops as they are picking, giving them the ability to quickly pick tops moving up or down their wellbore.
US Land Data
IHS Markit Land Studio combines a powerful search engine and map interface, enabling users to access and search all IHS Markit land databases, view results on a map, and create reports and export spatial data.
The combination of this powerful research tool with feature-rich land and lease data allows users to discover and analyze the current status of the oil and gas leasehold.
IHS Markit Land data includes Federal, State and Fee land and lease information. IHS Markit fee lease data coverage continues to expand:
- More than 1.2+ million fee leases in the US
- More than 1.6+ million documents in 260+ countries in 13 states
- 5+ year lease takeoff, assignments, affidavits of production, extensions, releases, depth restrictions, lease polygons
- Eagle Ford now available
IHS Markit Enerdeq® Browser
The 2016 Enerdeq releases (v2.9 thru 2.11) introduce the merged Query and Browse Function in an effort to streamline the most common client workflows.
Additional Enhancements include:
- Map-based Identify now offers the ability to build a My Layers view with only selected data
- Import Polygon function now presents Multi-Part Polygons
- NAD27 polygons now supported
- Added Rig Outputs and Selection lists
IHS Markit EDIN
In September, 2016, IHS Markit releases EDIN 7.0 to include a number of key customer requested enhancements that build upon our industry leading information portal. A key addition of the release is the new map platform.
The main enhancements of this release are shown below:
New – Selection of ESRI Base Maps
A selection of background images to customize your maps and the content displayed, based upon ESRI formats.
New – Removal of 'refresh' button on Map Search
With the transition on to a new platform, we have removed the need for the 'refresh' button. Selected layers now load 'on the fly'.
New – File Geodatabase spatial export
This new format enables users to export all the selected shape files within a single project file. Another feature of this export is the use of a single email for all selected layers.
New – Panel Manager
This feature enables the 'grouping' of windows on the Map Search screen for map settings, labels, spatial exports and the print map feature. As a group, they reside on the lower right hand side of the map interface when minimized.
The 3.23 release, went live on September 8th and delivered the following new features and cosmetic and navigational improvements to the Upstream Intelligence products (GEPS, International Energy Letter, Daily Exploration Alert, Energy News on Demand and Drilling Wire).
The main enhancements of this release are shown below:
GEPS Industry Hot Topics search box
New one-click search box on GEPS homepage allows users to stay informed on the latest industry hot topics. Topics will be updated with each quarterly release.
Improved Search Results page for GEPS Maps
Customers will now benefit from more intuitive sort options and faster loading on our new-look GEPS Maps search results page.
GEPS Homepage – Intuitive Time Filter setting
In response to customer feedback, the GEPS homepage time filter will now default to the setting last selected by the user. This time setting can still be changed at any time.
International E&P Data
At IHS Markit we understand the value of information quality and our commitment to our quality initiatives remains our principal focus. Substantial improvements are continually being made to our information through numerous Quality Projects which are conducted throughout the year. Information on all of these key projects can be found on our Energy Quality Resource Center.
Petrodata offers a new report called the IHS Markit Decommissioning Quarterly – Northwest Europe Edition. The report provides a quarterly round-up of exclusive data and news on decommissioning activities offshore Northwest Europe.
Your feedback has contributed to action plans to improve our Maritime & Trade product portfolio. Please read below the recent and upcoming products enhancements.
Improved functionality and coverage for the Maritime Portal
In July this year the Maritime Portal saw a number of additional functionalities introduced including:
- Increased AIS coverage with the introduction of 7 new satellites and terrestrial positions combining to bring 8.3 million more positions added in the last month alone
- The introduction of a state of the art notification centre which enables users to define and create customized alerts for ship updates, companies, ports, movements and events via email
Introduction of the Maritime Intelligence Risk Suite
Also in July this year, we introduced a new product to the market focusing on risk mitigation for the maritime sector. The Maritime intelligence Risk Suite provides you with the tools and intelligence needed to identify, evaluate, monitor and forecast potential risks to your business. The service provides you with access to ships, movements, ownership, ports and risks at sea (casualties, events, piracy, pollution, traffic density, port congestion, trading patterns). Find out more HERE
New Interactive charts added to the Global Trade Atlas
The Global Trade Atlas has added an interactive chart view that reveals the trends and insights from our official trade statistics at a glance. The charts are automatically generated on each data page and can be modified to select customized lists of countries and commodities to be included in the analysis. A new feature allows viewers to compare market leaders along with an aggregated record representing all others – giving new insight into the global context and level of consolidation within a given market. Chart features include:
- View trade developments over time by country and commodity in terms of volume or value
- See market share by country within a commodity
- Determine which specific commodities drive the value or volume trends within a broader category
- Compare pricing and volume developments over time within the same chart, yielding immediate insight on relative costs and the effect on volume
For a video demonstrating the chart feature CLICK HERE
New PIERS Container Database added to Global Trade portfolio
New to our Global Trade portfolio is the introduction of the PIERS Container Database that provides a container-centric view of the US waterborne import and export trade market. Each record in the database contains PIERS standard information about the container such as where the container is coming from, where it's ultimately going to, and the US port involved in the transaction, etc. This particular view of the data also provides transparency into the characteristics of that particular container, including:
- Container number
- Type of container
- Length of container
- If the container was a refrigerated container, was it active at the time of shipment
Analyzing the lifecycle of container movement can be extremely valuable for intermodal companies by helping to streamline their supply chain. Optimizing the equipment made available to transport containerized goods will save intermodal companies time and money. This database provides information on various types of containers including:
- Thermal Containers. Mechanically refrigerated and heated
- Tank Container
- Open Top Containers
- Dry Bulk Containers
- General Purpose Containers with opening at one or both ends
To find out more, please speak to Tim McLaughlin or call +1 973-776-8646.
New product portal for our global trade solutions. Around November 2016 we will be introducing a new product portal to allow quick and easy access to all of our solutions that sit within our global trade family – PIERS, Global Trade Atlas and World Trade Service. This new platform will provide a regular update on critical trends in the trade world and also introduce some of experts to you. Look out for more information coming soon.