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Topic: Technology

Combating the Sunk Cost Fallacy: When to abandon old tech
By Aimsio Team Writer on January 3, 2019

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,...

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How to Overcome 3 Software Implementation Hurdles
By Aimsio Team Writer on November 23, 2018

There can be multiple hurdles between choosing a software and successfully implementing one. And the hurdles look different depending on where you’re...

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Is a Cloud-based App Right for Your Business?
By Aimsio Team Writer on October 9, 2018

Remember CD-ROMs? How about installation procedures that should have started with, “Do you have 6 hours for this?”, and frequent new versions that...

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AI for Business: Is it right for your organization?
By Aimsio Team Writer on August 16, 2018

Artificial intelligence has found its way into daily life. From Siri and Google Maps, to smart home virtual assistants and cars that parallel-park...

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Oil and Gas Technology: Automation, Remote Operation, AI
By Aimsio Team Writer on July 19, 2018

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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In-house Tech for Efficient Unconventional Wells
By Aimsio Team Writer on July 16, 2018

As exploration and production steadily increase, operators are challenged to realize profits in the new normal of lower oil prices. Ensign President...

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Permian Basin: Using Technology to Lower Costs
By Aimsio Team Writer on July 6, 2018

After two consecutive years of significant decline (34 percent in 2015; 39 percent in 2016), the global directional drilling services market...

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