CGG: Increasing E&P efficiency with the cloud and machine learning

The IT industry is experiencing an important transformation as companies invest in new technologies to drive growth and innovation. This trend is strongly reflected in our industry as E&P companies deal with enormous amounts of legacy, and increasing volumes of new data along with the expense and complexity of software to analyze and interpret this information. Challenges faced include operational efficiency, increasingly short project cycle times, communicating with a regional or global workforce, data silos, legacy software and restricted resources. Due to the industry's dynamics and its need for flexibility and information security, the cloud is increasingly seen as a viable and practical solution for the oil & gas industry, particularly now that Cloud service providers are building security into their software development processes. Security of data in the Cloud is often better today than in company's own networks.