Looking back at 2018, many companies are comparing projects or jobs, trying to understand what defined the winners and the losers. Cost, profit and...
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Combating the Sunk Cost Fallacy: When to abandon old tech
Sunk costs. Like the Titanic, except without any loot. Costs that have either already been incurred or cannot be changed are sunk costs. Rent, fuel,...
Continue Reading3 Best Practices for Workflows: Capturing Operational Data
Every organization has workflows. A workflow is basically the sequence of events that takes place before work is completed. There are a million ways...
Continue ReadingHow to Overcome 3 Software Implementation Hurdles
There can be multiple hurdles between choosing a software and successfully implementing one. And the hurdles look different depending on where you’re...
Continue ReadingHow to Increase Profits by Reducing Days to Invoice
Cash.
Continue ReadingIs a Cloud-based App Right for Your Business?
Remember CD-ROMs? How about installation procedures that should have started with, “Do you have 6 hours for this?”, and frequent new versions that...
Continue ReadingTwo Approaches to Recruiting Workers Without Raising Wages
Managing the labour force of a boom-and-bust industry is challenging by nature, but critical for maintaining profitability. Capitalizing on the...
Continue ReadingProduced Water: Turning a liability into an asset
Image courtesy of F&T Water Solutions The trade off The newest, most efficient methods of oil and gas extraction require more water than conventional...
Continue ReadingAI for Business: Is it right for your organization?
Artificial intelligence has found its way into daily life. From Siri and Google Maps, to smart home virtual assistants and cars that parallel-park...
Continue ReadingOil and Gas Technology: Automation, Remote Operation, AI
Exciting changes are happening as upstream companies make the transition from manual processes to digitization and automation. Let’s take a look at...
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