Automation of Cost Estimation, Satellite image download and velocity model building processes for leading petroleum exploration company
10xDS helped automating the Cost estimation, Satellite image download and Velocity model building processes for leading petroleum exploration company Cost Estimation Automation help to extract details of historical purchases using the SAP ID for a project, to arrive at a cost estimate for the required materials and ultimately derive the expected total budget for a project. The solution increased efficiency in data collection, analysis and calculation, reducing 50 hours per month and 99% SAP inquiry requests are now handled by the bot. The Satellite Image Download Process involves downloading satellite images for hundreds of defined Area of Interests (AOI) from vendor providing satellite imagery, geospatial information, and location-based intelligence. The process used to take 20 -30 min for 1 AOI and now the bot handles the same work in 5 minutes, around 80% reduction in AHT. By automating Velocity model building process,company achieved improvement in the outcomes/predictions as the process can be run with different inputs. The process used to take 3-4 Hrs for 1 cycle and after automation the Bot time is just 30 minutes per cycle.