Despite this exponential growth in data generation, the data businesses need usually won’t sit neatly in a predefined database – inside a fully prepared data table – just waiting for you to access it. IDC estimates that 90% of all data created is ‘dark data’ – information that is unstructured, locked away, or generally inaccessible.

PETRONAS selected AVEVA Unified Supply Chain in the cloud to enable simplified business processes and deeper collaboration, while reducing value leaks and sustaining productivity. As the only industrial software company that offers unified design applications across all supply chain activities, AVEVA’s solution uses Enterprise Crude Knowledge Management, to drive Value Chain Optimization for the oil and gas industry.

AVEVA Real-Time Crude, a solution developed with Schneider Electric, combines cutting-edge analytical equipment with powerful machine-learning techniques to provide rapid and reliable crude oil assays across the enterprise in a matter of minutes.

After extensive survey and research, Delma Exchange partnered with BIOS Middle East for transforming its IT Infrastructure. This migration has put in place a robust, scalable and manageable IT Infrastructure and IT governance in place.

Oil and physical commodities were particularly hard hit due to the long supply chain delivery time and the rapid cessation of mobility. The rapid 20+% plunge in oil demand was longer and of higher magnitude than most oil companies initially estimated. The return of normalized oil demand is not in the foreseeable future.