- Katalyst Data Management recently introduced its new Katalyst 360 data analytics platform.
- Katalyst 360 includes analytics dashboards that are synchronized to an oil & gas company’s subsurface data.
- This novel platform was designed for Katalyst Data Management’s signature iGlass solution.
Katalyst Data Management recently introduced its new Katalyst 360 data analytics platform for the oil & gas industry. This self-service data analytics environment offers a 360-degree view of how subsurface data assets are being utilized within an organization. Thus, the 360-degree view provided by Katalyst’s Data Management solution provides oil & gas industries the ability to gain greater insight into their precious subsurface data assets.
Katalyst 360 includes analytics dashboards that are synchronized to an oil & gas company’s subsurface data. The dashboard displays various attributes, such as process efficiency, project status, and data completeness. Moreover, users can easily personalize their dashboards for analytics specific to their needs. For the first time, the E&P companies can easily extend their understanding of their data and draw insights from the sum of their subsurface data investment.
The novel platform was designed for Katalyst Data Management’s signature iGlass solution. The iGlass solution is a multi-cloud database with over 80 petabytes of subsurface data under management. Further, it feeds the Katalyst 360 analytics environment, thus augmenting the platform with additional data, including public data, oil & gas operational data, and economic and production data. This evolution of Katalyst 360 will allow oil & gas industries to use analytics to implement prescriptive and predictive actions.
Steve Darnell, President and CEO at Katalyst Data Management, commented: “Our data science team has done an excellent job creating the Katalyst 360 analytics platform for our iGlass users.” Further, he added, “We’re proud of their efforts and are thrilled to see the benefits that our clients have realized already. There is so much potential with Katalyst 360, even beyond iGlass, and we cannot wait to see what it can do.”