Constant Vigilance: Risk Management in 21st Century Oil & Gas, Pipeline, Power, and Water
Business life is full of risks. If you’re in the oil & gas, pipeline, power, and water industries, you're no stranger to risk analysis challenges. In order to manage risk, you need to put predictable ratings on every element of your infrastructure.
The challenge with geographically dispersed energy and water infrastructure is how to gather data, apply ranking, and assign resources. The risk matrix is one of the most challenging tasks a business will face, even with complete data.
Satelytics was designed from its foundation to assess and rank risk, minimize consequences, and mitigate financial impact for the world’s blue chip leaders in oil & gas, pipeline, power, and water. Satelytics analyzes terabytes of satellite data using complex machine learning to pinpoint potential hydrocarbon leaks, infrastructure threats, environmental contamination, and more. Satelytics adds an unparalleled level of detail and richness to your risk analysis by quantifying and evaluating every pixel along thousands of miles worth of imagery.
Relying on Current Solutions Isn't Enough
Staying ahead of technology, competitors, and regulations is a risk manager’s nightmare. Whether it’s manual inspection, point-source data, or aerial flyover, the contemporary, expensive, error-prone methods of today aren’t reliable enough to satisfy the demands of the forward-looking analyst.
Satelytics was designed from its foundation to assess and rank risk, minimize consequences, and mitigate financial impact for the world’s blue chip leaders in oil & gas, pipeline, power, and water.
Staying ahead of technology, competitors, and regulations is a risk manager’s nightmare. Whether it’s manual inspection, point-source data, or aerial flyover, the contemporary, expensive, error-prone methods of today aren’t reliable enough to satisfy the demands of the forward-looking analyst.
Increasingly, big data, business intelligence, ERM, and other digital solutions are helping to parse and collate data sources for risk managers, but without enough new data and more variety, these solutions fall short. When your organization has growing infrastructure needs across hundreds or thousands of miles, quantifying risks along every point becomes increasingly more difficult and more critical, and contemporary solutions scale poorly.
Satellite data, with the algorithms and machine learning of Satelytics, is the only platform offering a complete picture of your geographically dispersed infrastructure, whether we’re looking at water, pipeline, land, vegetation, right of way, facilities, or all of them simultaneously.
Here’s a selection of critical use-cases Satelytics has filled for our customers in ranking risk for our customers in oil & gas, pipeline, power, and water:
- Identifying and Monitoring high/medium consequence areas (HCA/MCA)
- Managing environment, health & safety risks
- Right-of-way management
- Change detection
- Land use and classification
- Water crossing management
- Detecting landslides and sinkholes
- Water quality assessment including nutrient loads, heavy metals, algae, turbidity, and more
- Measuring surface water temperature and quantifying thermal plumes
- Subaquatic vegetation analysis
- Identify locations of liquid or gas hydrocarbon leaks
- Analyzing sediment deposition and erosion
- Vegetation management
- Vital data for in permitting and regulatory compliance
Satelytics is the Future of Risk Management
Satelytics can monitor any and all operations and infrastructure you need factored into your risk matrix, and these include risks above that could represent substantial operational disruptions, financial impacts, and regulatory consequences.
Satelytics, at its core, helps risk managers and their audit teams conduct their routine assessments with greater confidence and higher accuracy. The platform allows risk managers and infrastructure operators to access highly interactive data visualizations including maps, charts, side-by-side comparisons, tables, and even mobile alerts and rich APIs to fully comprehend and take action on threats as soon as they’re detected.
Combined with advancing satellite technology, the power of the cloud, and machine learning, Satelytics is quickly becoming a critical tool for risk managers in every industry as the need for continuous streams of data grows.
