EDM for Energy: Rec&Sync

Enterprise Data Management’s (EDM) Rec&Sync solution delivers real-time monitoring, reconciliation and synchronization of oil and gas data across multiple applications and projects. It ensures all users have access to the master data set directly within their application of choice.

Petro-technical applications and the projects within them are often impacted by data duplication, caused by numerous users having access to, and edit rights for, the same data. This creates several challenges, such as making the latest data changes available to all users and ensuring decisions are based on the correct data set.

Firms spend a significant amount of time and resources manually managing data flows between interpretation, engineering and production applications. They often make extensive use of spreadsheets and proprietary tools to compare data between different data models, identify changed values and assess conformity to standards.

EDM’s Rec&Sync solution helps firms overcome these challenges by monitoring reference data values across applications and within projects, in real time. It identifies and catalogues variances, and enables automated reconciliation between different versions of the same data on both the application and project level. Master attribute values can be synchronized, ensuring all users have access to the master data set directly within their application of choice. All activities within EDM are fully auditable, providing complete insight into corporate data flows and past activity.

EDM can be implemented on premise, on the cloud or leveraged as a fully managed service deployed with our cloud partner, Amazon Web Services (AWS). The latter option enables firms to reduce implementation times, future-proof, cut costs and scale up and down quickly as business needs change.