Faster, More Complete Well Data Extraction and Storage through Artificial Intelligence
Ovation Data, a leading data management service company, is pleased to announce a strategic partnership with NthDS AI Data Solutions. The integration of its revolutionary platform, Nspect, with Ovation Data Services’ powerful network delivers the first end-to-end management of well log data that includes AI transcription capabilities. The companies share a vision for reimagining how data is managed and stored for businesses so they can offer faster, more integrated ways to extract and enrich their digital assets.
Mark Bashforth, CEO, Ovation Data said: “We are delighted to enter into a strategic partnership with NthDS to expand our service offerings that now include innovative AI solutions. The technology is the ideal fit with Ovation’s vast portfolio and brings more data together with greater insights. The power of AI is that it can optimize any data strategy. Together, we can add more meaning to a company’s data faster, allowing them to respond quicker to new opportunities.”
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This fully connected data management solution allows companies to store, access and analyze critical subsurface information in record time. Nspect is the first commercially available service that uses artificial intelligence to digitize well logs six times more quickly than with legacy software.
Michael Ramirez, CEO of NthDS said, “This partnership represents a paradigm shift in data management. Ovation Data’s robust infrastructure infused with our AI capabilities will create powerful business opportunities for the industry. Ovation Data has great leadership and its vision is complementary to our own at NthDS so this partnership is a natural fit. Our solution is a value-added benefit to Ovation’s existing service.”
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