Ovation Data and NthDS AI Data Solutions in Partnership
Faster, more complete well data extraction and storage through AI
This is a Press Release edited by StorageNewsletter.com on February 15, 2022 at 2:00 pmOvation Data Services, Inc. announces a partnership with NthDS AI Data Solutions.
The integration of its platform, Nspect, with Ovation Data Services’ network delivers an end-to-end management of well log data that includes AI transcription capabilities.
The 2 companies share a vision for re-imagining 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, 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.“
This 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 AI to digitize well logs six times more quickly than with legacy software.
Michael Ramirez, CEO, 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.“