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Syntelli Web-Cast on Predictive Modeling for Oil & Gas (O&G)

The engineering and drilling teams in E&P are constantly challenged to assess new drilling sites to maximize throughput and minimize cost outlay. For oil wells and shale plays, estimating porosity and permeability of the rock is a key activity during “prospecting” as these 2 factors can vary widely and unpredictably over  short distances. Oil field drilling history is rife with stories about dry holes drilled next to prolific producing wells, with little explanation geologically about the cause. This phenomenon constitutes one of the primary risks confronting petroleum geologists and engineers. Syntelli RAPID (Risk Analysis
& Predictive Intelligence Division) and Oracle bring together a solution comprising of advanced visualization and statistical techniques to address the problem.

In this webinar, you will learn:
• How historical seismic, geological and drill data can be leveraged to build regression models for permeability and porosity
• How statistical and Monte Carlo simulations are then used for decision support
• How predictive analytics can help you prioritize drilling order and potentially reduce costs

Project Portfolio Planning- Syntelli Case Study

A large and very fast growing telecom services company based in Northern Virginia runs hundreds of IT projects every year. These projects can be small, requiring, 200 hours or large, requiring 10000+ hours. Every year, during budget cycle, sales, marketing and project managers vie for funds for their projects. The company used their basic Hyperion Planning install, which was oriented towards only P&L Modeling and Microsoft Excel. The company faced significant challenges with their current solution environment.

Syntelli Solutions built a “Project Portfolio Budgeting & Planning” solution within tight timelines of three months. The solution was very well accepted and a key business user said, “the solution will pay for itself over 100s of times within the first year of use”.

Managing Credit Risk for Banks

Credit risk of a bank’s loan or bond portfolio constantly varies due to unexpected changes in credit quality of issuers or counterparties. One of the most critical risk modeling functions for banks is estimating credit losses.

Syntelli’s solution for managing credit risk and portfolio risk is based on deep analytics and modeling experience of our consultants:

- Reduce loan loss reserves; a 10-15 basis point reduction can save millions of dollars per annum

- Lower operating costs by improving user productivity by automating reporting and visualization

- Increase revenue through better pricing and improved customer targeting

Crystal Ball for Equipment Reliability Modeling

 

Syntelli Solutions build a ‘Equipment Reliability Modeling’ solution for one of the top five regulated utilities in the US. “Equipment Reliability Modeling is the process of describing mathematically the likelihood of failure of equipment and using that information to optimize business decisions.”

Business Intelligence

“Great BI, or Getting By.” Now more than ever, companies are looking to cut costs and concentrate existing resources on the most profitable activities. Business Intelligence (BI) technology is crucial to achieving these goals. In fact, according to a recent Gartner report, Business Intelligence has been the top priority of CIOs for 3 consecutive years.

Performance Management

“EPM, Economy & You.” Read the story of a company that weathered two economic cycles and continued to invest in BI and EPM and benefited not just by having the right tools to be proactive and make smart decisions, but by inculcating a culture of accountability, responsiveness and results within their company. The story in your company could be the same!

Management Excellence Framework

The Management Excellence framework offers a process by which companies can achieve Management Excellence by linking strategy to success. The Management Excellence Framework expands the scope of traditional performance management to offer a framework by which companies can deliver Management Excellence.

 

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