The land and production teams’ new journey
Posted on September 14, 2023
With more oil and gas organizations looking to improve their data management practices and create a more comprehensive data and information strategy, how teams in land, production, IT, and more are being dramatically shaped (and improved) by more efficient processs and easier access to critical information. Where teams used to spend a significant amount of… Read More»
Content Services for the Future of Banking – Part One
Posted on August 23, 2023
Future-proofing your data infrastructure There’s much discussion on the current state of banking and how financial institutions will evolve with the rise of FinTech and AI. It’s not enough to simply focus on digital transformation – banks and credit unions need to be building for the future, not just keeping up with today’s technology.… Read More»
Drill Down Your Processes: Maximizing the A&D System
Posted on August 22, 2023
What if we told you that you could increase the value of your acquisitions and divestitures process by 30% by streamlining your processes? Do we have your attention yet? A Vital Business Strategy There’s no bones about it; a solid acquisitions and divestitures strategy contributes to a resilient energy company. A&D activity plays an… Read More»
Three Benefits to Digitizing Oil & Gas Land Records
Posted on August 16, 2023
For energy companies, competition for assets is fierce. Buyers expect to be able to compare deals online, and you may still be spending hours sifting through data buried in paper or PDFs. With the high frequency of buying and selling, who has that kind of time? Not only is the market fast moving and… Read More»
Revolutionizing Exploration and Production: How Automation and AI Propel Upstream and Midstream Oil and Gas Companies
Posted on August 9, 2023
The oil and gas industry has always been at the forefront of technological advancements, driving innovation to optimize exploration and production processes. In recent years, automation and artificial intelligence (AI) have emerged as game-changers, revolutionizing data management and transforming the way upstream and midstream companies operate. At DataBank, we’ve seen firsthand how many of our… Read More»
5 Ways Data Management Empowers Oil and Gas Acquisitions
Posted on August 4, 2023
In the dynamic world of oil and gas, companies seek to expand their portfolios, access new resources, and enhance their competitive advantage through strategic acquisitions. Successful acquisitions require informed decision-making, and that’s where having a sound data strategy and solid data and content management becomes a game-changer. This starts with having all your information structured,… Read More»
Revolutionizing Higher Education with Content Management Systems and Structured Workflows
Posted on August 1, 2023
Higher education institutions face the challenge of managing vast amounts of information and data while striving to streamline internal processes. Manual procedures, paper-based workflows, and fragmented systems hinder operational efficiency and the ability to offer optimal services to students and staff. Explore how adopting Content Management Systems (CMS), structured workflows, and modern technologies can eliminate… Read More»
How to Document Process Intelligently: A Step-by-Step Guide
Posted on July 25, 2023
Intelligent document processing has become a vital component for the success of organizations in all sectors. Going beyond traditional methods, this advanced approach to document processes harnesses automation, artificial intelligence, and data-driven insights. Learn how to adopt intelligent document processing, unlocking numerous benefits, including streamlined operations, enhanced collaboration, and data-powered decision-making. The Significance of… Read More»
Structured data vs unstructured data vs semi-structured data and their key differences
Posted on March 6, 2023
There’s a lot of data out there. It comes in all sorts of different forms and sizes, and it can be tough to know what to do with it all. Every organization has structured, semi-structured, and unstructured data. According to the International Data Corporation, about 80% of global data will be unstructured by 2025,… Read More»
7 Reasons why companies are turning to Intelligent Document Processing
Posted on March 2, 2023
Data has always been the backbone of every organization’s workflow because it facilitates growth, improves business processes, and ultimately helps ROI. Having reliable data is no longer a luxury but a requirement, as technology leaders must make suitable investments to meet customer demands and cut costs while complying with regulations. So how are companies… Read More»