Posts by Marketing

April 16, 2013 by

Is the Oil & Gas Industry Overcoming the Big Data Resistance?

Editor’s Note: While VISAGE rebranded to VERDAZO in April 2016, we haven’t changed the VISAGE name in our previous blog posts. We’re proud of our decade of work as VISAGE and that lives on within these blogs. Enjoy. A recent article by Adam Farris “How big data is changing the oil & gas industry,” provides a very detailed explanation of Big Data realities in the industry and points out that: “resistance regarding workflows and analysis approaches remains in place, as it has for the last 30 years.” Today’s VISAGE and GLJ announcement demonstrates that both of us consider this an important time for Big Data analytics in the energy industry. In putting together this deal,we had a hard look at where the industry is at and affirmed our own sense that O&G producers, investors and financiers need to be equipped to accelerate their adoption of Big Data analytics. First let’s be clear that VISAGE remains anti-hype. Big Data has been around a long time and sometimes we agree with critics who see the phrase as misused, as a marketing hook for the business intelligence industry.  Gartner, who originally coined the term in 2001, provided a 2012 update to the definition...

Read More
April 16, 2013 by

GLJ Acquires Equity Stake In VISAGE Analytics Software

Editor’s Note: While VISAGE rebranded to VERDAZO in April 2016, we haven’t changed the VISAGE name in our previous blog posts. We’re proud of our decade of work as VISAGE and that lives on within these blogs. Enjoy. Both organizations to take a leadership role in Big Data analytics for the energy industry Calgary, AB – April 16, 2013 – Visage Information Solutions Inc., visual analytics software provider for the oil and gas industry, and GLJ Petroleum Consultants Ltd., Canada’s leading oil and gas resource consulting firm, today announced that GLJ is acquiring an equity stake in the software innovator. The investment strengthens both companies’ client offerings and secures their mutual leadership in Big Data analytics for oil and gas producers, investors and financiers. VISAGE products and services benefit from GLJ’s broad perspective with over 40 years of petroleum industry experience, extending the software’s global and domestic market reach. As a shareholder in the analytics software company, GLJ will further distinguish its petroleum consulting services with software-driven insights while participating in VISAGE’s success. “In the time we’ve worked with GLJ, we were delighted to discover that their reputation of integrity is built on a history of innovation,” said Bertrand Groulx,...

Read More