Information Services Company Makes Discovering Energy Efficient and More Profitable with the Help of Denodo Data Virtualization

• Platform as a Service (PaaS) - Data Management Platforms

• Business Operation

• Data Science Services

The profiled company is a leading source of information, insight, and analytics in critical areas that shape today’s business landscape such as energy, economics, etc. However, as the demand for timely and accurate information in the energy industry grew, this company saw the need to redesign its data infrastructure as its existing setup posed challenges for its clients to easily wean valuable information from its databases, populated from a wide array of sources. Previously, this company provided information services to its customers using a database subscription model. Through this model, customers had to subscribe to entire databases; buying more data than necessary. Additionally, the company’s data architecture needed to be more flexible in order for them to fully exploit new revenue opportunities, scale its business and provide meaningful and enriched data to its customers. Considering the large amounts of data they managed, this company needed data virtualization.

The profiled company is one of the leading sources of information, insight, and analytics in critical areas that shape today’s business landscape. Businesses and governments in over 100 countries and across many verticals rely on their expertise to make high-impact decisions and formulate strategies. Their data helps some of the largest energy companies in the world to find new oil and gas reserves and their analyses aid in making key decisions quickly and executing on important opportunities. However, as the demand for timely and accurate information in the energy industry grew, this company saw the need to redesign its data infrastructure.

After looking at other vendors’ options, the company opted for a Denodo Data Virtualization solution. They rebuilt their entire massive data architecture with Denodo at the core. The new architecture leverages the Denodo Data Virtualization Layer to provide a unified, single source of access and truth to their clients. All enterprise data entities: oil wells, oil rigs, lease information, and more are now easy accessible in a variety of usable formats. The architecture contained two virtual data layers: an enterprise data model (EDM) which provides unified virtual views of canonically defined entities like wells, rigs, and leases, as well as a collection of application data marts (ADM) which combine the different canonical views to provide application specific virtual views or virtual data marts.

• New revenue opportunities through multiple subscription models.
• Additional information enrichment capabilities to facilitate decision-making.
• Increased insight to customers without having to integrate data.