PurpleRaven is an operational intelligence platform in the SigmaStream portfolio of products that facilitates and enables automation. It is an extensible framework consisting of components that can be plugged in separately, each to bring in a specific aspect of intelligence of problem-solving. Customized selection of components helps to prioritize and target critical business process areas for automation roll-out, for maximum returns. For the oil & gas vertical, PurpleRaven has components for drilling optimization, non-productive time and invisible lost time.
Oil & gas industry specific OI components are:
- Back to Bottom
- Drilling vibration minimizer
- Automated tool face control
- Directional drilling guidance
- Automated geosteering
- Torque Turn
- RSS downlinker
The ability to process high frequency data both discreet as well as continuously streaming, is a key value proposition of PurpleRaven. For the oil & gas vertical, it has been reported that using SigmaStream’s YellowHammer as the source yields the best results in terms of accuracy and performance.