Oil & Gas Company Achieves Total Data Management Solution with EnerHub Powered by Aunsight Golden Record
Any business in an industry with large amounts of data knows that properly managing data across the entire organization can be a colossal, if not nearly impossible, task. That is why many choose to implement a third-party data management solution to streamline the process of integration, cleansing, and governance.
One oil & gas company faced a huge data problem impacting business operations: inconsistent data in common well attributes across multiple operational systems. To solve this challenge, the company had previously selected a Master Data Management (MDM) tool from a well-known oil and gas software vendor.
However, once up and running, the company soon realized that the software complicated and actually worked cross-purpose to its business processes instead of streamlining data. They experienced labor-intensive data maintenance, lack of summary-level views of the data, and a poor overall user experience.
Less than a year after their original MDM implementation, the oil & gas operator decided to cut its losses and find a solution that aligned with its original vision: an easy-to-use, “super-intuitive” tool with the flexibility to adapt to its culture, workflows, and user needs. The company spent nearly a year evaluating and comparing data management tools and selected EnerHub™️ Powered by Aunsight™️ Golden Record.
“Aunalytics technology exposes and remediates issues caused by siloed and inconsistent data that otherwise would cost an oil & gas company millions of dollars annually in lost productivity and missed opportunities,” says William Cummings, Vice President of EnerHub at Stonebridge Consulting. “With Aunalytics technology, Stonebridge quickly and easily builds and manages specialized well production data models and EnerHub customers find the technology easy-to-use.”
By implementing EnerHub Powered by Aunsight Golden Record, the oil & gas company now has the total data management solution they originally envisioned. Learn about the benefits of the Aunsight Golden Record technology by downloading the full case study.
Webinar: Do You Trust Your Data?
Do You Trust Your Data?
Presented by: Katie Horvath, CMO, Aunalytics
According to leading industry experts, 70% of digital transformation projects fail. Yet, companies successful with data-driven initiatives are realizing a 20-30% increase in customer satisfaction along with profit margins between 20-50%. So, what’s the secret to success?
In this session we will discover the keys to successful digital transformation and how to harness the power of your data to increase customer satisfaction and shareholder value.
Please fill out the form below to watch the webinar recording.
All attendees will be entered to win a YETI® SOFT COOLER
Do You Trust Your Data?
Date: October 7th at 11:00 am EDT
Presented by: Katie Horvath, CMO, Aunalytics
Platform: Zoom
Top 10 Cyberattacked Industries in 2020
According to IBM in its X-Force Threat Intelligence Index, the top 10 industries suffering the most cyberattacks in 2020 were:
1. Finance and Insurance
Most Common Type of Attack: Server access attack
Since 2016, the finance and insurance industry has been the most attacked industry. In 2020, attacks increased over 2019 by 238%. Hackers seeking to profit financially from attacks often hit this industry. Paralyzing banks is usually less of a goal with attacks on this industry, but accessing internal systems can yield hefty illicit returns. However, during the pandemic, hackers seeking to paralyze infrastructure including nation-state cyber criminals also hit banking institutions to cause chaos.
2. Manufacturing
Most Common Type of Attack: Ransomware
The attacks against manufacturers doubled in 2020 compared to 2019. 21% of all 2020 ransomware cyberattacks hit the manufacturing industry. However, this industry also saw 4X more BEC attacks than any other industry, and a significant number of data theft attacks. Hackers renewed interest in this industry, likely trying to take advantage of supply chain disruption and operational chaos caused by the global pandemic, as consumers saw (and continue to experience) shortages in manufactured goods.
3. Energy
Most Common Type of Attack: Data theft
35% of attacks in the energy sector involved data theft, while only 6% involved ransomware. This was likely indicative of hacker motivations to hit this industry including IP theft, customer data theft and extorsion. BEC and server access attacks were also notable in this industry.
4. Retail
Most Common Type of Attack: Credential theft
Attacks on the retail industry were actually lower in 2020 than in 2019. This was likely due to fewer retail transactions taking place during the 2020 (less room to hide as a hacker). Retail is typically a target because of the high volume of credit card and financial transactions.
5. Professional Services
Most Common Type of Attack: Ransomware
Professional services saw the highest percentage of attacks from ransomware attacks of any industry. Data theft and server access attacks were also common in 2020. These organizations are typically attractive to cyber criminals because they serve as a path to further victims and often hold confidential data about customers.
6. Government
Most Common Type of Attack: Ransomware
Government received the second highest number of ransomware attacks of the industries, totaling a third of the attacks that this industry faced. Yet, only 38% of state and local government employees have been trained on ransomware prevention. This industry also faced a large burden in moving operations to accommodate work from home environments, as much of this industry had all team members working on site, and was not equipped for moving a remote workforce. Data theft attacks were also notable.
7. Healthcare
Most Common Type of Attack: Ransomware
The healthcare industry suffered twice as many cyberattacks in 2020 than in 2019, likely due to hackers taking advantage of operational chaos caused by the global pandemic, shifts in workforce to cover emergency medical care while furloughing operational and administrative staff due to revenue challenges caused by elective medical services being put on hold. Hackers, including nation-states looking to disrupt and steal data from organizations in this industry, targeted those in medical research and development attempting to invent COVID-19 vaccines, as well as frontline providers.
8. Media
Most Common Type of Attack: Malicious domain name squatting
90% of malicious domain name spoofing attempts targeted the media. This sector includes telecommunications and mobile communications providers, as well as media and social media outlets that can play a critical role in political outcomes, especially during election years. The timing of 2020 being a U.S. presidential election year likely drove this type of attack in this industry.
9. Transportation
Most Common Type of Attack: Malicious insider / misconfiguration
Attacks against the transportation industry were much lower in 2020, likely because everyone was sheltering in place and travel bans existed across the globe during 2020. This industry ranked #3 in 2019 and fell to #9 in 2020.
10. Education
Most Common Type of Attack: Spam / adware
Education has historically been vulnerable to cyberattacks due to a large decentralized surface area of users hard to control with staff and students regularly logging into systems from home to complete and grade course work. However, the user and device based security measures that this distributed surface area drove for security protection before the pandemic, better equipped education for security operations during the pandemic than other industries accustomed to relying on firewall protection.
With EnerHub Powered by Aunsight™️ Golden Record, Upstream Oil & Gas Operator Finally Achieves Total Data Management Solution It Envisioned
Case Study:With EnerHub Powered by Aunsight™️ Golden Record, Upstream Oil & Gas Operator Finally Achieves Total Data Management Solution It Envisioned
An oil & gas company faced a huge data problem impacting business operations: inconsistent data in common well attributes across multiple operational systems. To solve this challenge, the company had previously selected a Master Data Management (MDM) tool from a well-known oil and gas software vendor. However, once up and running, the company soon realized that the software complicated and actually worked cross-purpose to its business processes instead of streamlining data.
Less than a year after their original MDM implementation, the oil & gas operator decided to cut its losses and find a solution that aligned with its original vision: an easy-to-use, “super-intuitive” tool with the flexibility to adapt to its culture, workflows, and user needs. The company spent nearly a year evaluating and comparing data management tools and selected EnerHub Powered by Aunsight™ Golden Record.
Aunalytics is a data platform company. We deliver insights as a service to answer your most important IT and business questions.
Featured Content
Aunalytics and Stonebridge Consulting Announce Strategic Partnership to Deliver Data Accuracy and Advanced Data Management Solutions for the Oil and Gas Industry
Combination of Aunalytics Golden Record Solution and Stonebridge’s Enerhub Data Management Offering Provide Advanced Universal Data Access and Business Insights for Value-Driven Results
South Bend, IN & Tulsa OK (May 11, 2021) – Aunalytics, a leading data platform company delivering Insights-as-a-Service for enterprise businesses and Stonebridge Consulting, a provider of end-to-end business and advisory technology services for next-gen oil and gas customers, today announced a strategic partnership to provide data accuracy and data management solutions to drive digital transformation in the Oil and Gas industry. The powerful combination of Aunalytics Aunsight Golden Record as a Service and Stonebridge’s EnerHub™ data management solution provides customers with Universal Data Access and dynamic data cleansing and governance for value-driven results.
The Aunalytics Aunsight™ Golden Record platform transforms siloed data from disparate data systems to proactively manage, detect and eliminate data accuracy issues across all data sources in real-time while minimizing compliance risk. The Golden Record as a Service matches and merges data together into a single source of trusted data to make informed business decisions.
Powered by the Aunalytics Golden Record the EnerHub™ data management solution is built on Stonebridge’s 20+ years’ experience in business process optimization and enterprise data strategies. Enerhub resolves the underlying data management issues that impact the energy industry while helping its customers create new revenue opportunities.
According to leading analysts, the big data analytics market in the energy sector is expected to grow at a CAGR of 10.22%, during the forecast period 2020-2025. “The exponential growth of data means opportunity for forward-looking energy businesses,” said William Cummings, Vice President of Enerhub at Stonebridge. “We encourage customers across energy to think about how new, data-driven ideas can radically impact business outcomes. During times when markets are down, insights drawn from data can spark continuous cost-saving and revenue-driving innovation.”
“Poor data quality continues to be a costly issue impacting all organizations including the Energy industry,” said Katie Horvath, Aunalytics Vice President of Marketing and Communications. “We are pleased to have Stonebridge as a strategic data management partner as we unite to eliminate data quality issues for our mutual customers. Combining Aunalytics data integration and governance technology with Enerhub’s industry specific expertise, provides a targeted offering for upstream oil & gas enterprises. We sit at the center of upstream production lifecycles to manage data from multiple sites throughout the different stages of production. With data models built by Stonebridge Consulting specifically for the energy industry, we create golden records meaningful for energy enterprises to provide a single version of their data they can rely on to make informed business decisions. We look forward to growing this strategic partnership to provide data driven answers for energy enterprises’ most important business and IT questions.”
Tweet this: .@Aunalytics and Stonebridge Consulting Announce Strategic Partnership to Deliver Data Accuracy and Advanced Data Management Solutions for the Oil and Gas Industry #Dataplatform #Dataanalytics #Dataintegration #Dataaccuracy #ArtificialIntelligence #AI #Masterdatamanagement #MDM #DataScientist #MachineLearning #ML
About Stonebridge Consulting
Stonebridge Consulting, a Sierra Digital company, provides end-to-end business advisory and technology services exclusively for next-gen energy businesses. Our industry expertise, proven methodologies, extensive project IP, and solution accelerators enable us to deliver projects faster, generate measurable improvements in operational efficiency, and save project time and cost by as much as 50 percent. More information about Stonebridge is available at https://www.sbconsulting.com/.
About Aunalytics
Aunalytics is a data platform company delivering answers for your business. Aunalytics provides Insights-as-a-Service to answer enterprise and midsized companies’ most important IT and business questions. The Aunalytics® cloud-native data platform is built for universal data access, advanced analytics and AI while unifying disparate data silos into a single golden record of accurate, actionable business information. Its DaybreakTM industry intelligent data mart combined with the power of the Aunalytics data platform provides industry-specific data models with built-in queries and AI to ensure access to timely, accurate data and answers to critical business and IT questions. Through its side-by-side digital transformation model, Aunalytics provides on-demand scalable access to technology, data science, and AI experts to seamlessly transform customers’ businesses. To learn more contact us at +1 855-799-DATA or visit Aunalytics at https://www.aunalytics.com or on Twitter and LinkedIn.
PR Contact:
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