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Are You Dealing with Too Much Data?

Posted January 19, 2011 6:16 AM

Information overload caused by the voluminous amount of data collected during equipment operation and production has been noted in independent surveys, and by empirical observation. The problem was highlighted in a survey of oil and gas professionals. The survey revealed that 44% of respondents said that an upstream data explosion has a negative impact on business.

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Guru
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#1

Re: Are You Dealing with Too Much Data?

01/20/2011 3:45 AM

Yes.

But I'm an Engineer, so I need data, give me data, more data. Data!

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Power-User

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#2

Re: Are You Dealing with Too Much Data?

01/20/2011 3:48 PM

Data with no purpose has no value. Deming taught us to take significant data for analysis, to establish controls and to make decisions. Once control is established, relatively little data is needed and only by those responsible to maintain control & conformance.

He also taught us when to stop taking data........when it stops telling you something useful!

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