Energy Bytes EP 18: Zack Warren from Velocity Insight
Zack Warren, founder of Velocity Insight discuss the future of energy data management and analytics. Zack shares his journey from being a reservoir engineer to founding Velocity Insight, a firm that provides cutting-edge solutions for managing and analyzing large volumes of energy data. The conversation explores how Velocity Insight leverages AI and advanced analytics to help companies make data-driven decisions, optimize operations, and navigate the evolving landscape of energy technology.
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00:00 - Introduction and Welcome
08:56 - Tech and Energy Discussion
23:08 - Software Survey Insights
37:04 - Data in Energy Industry
51:18 - Discussion Wrap-up
00:00 - Ares and MDM Overview
27:39 - Data Integration and APIs
29:23 - ARR Impact and Ares Mention
36:01 - Power Apps Potential
40:18 - Dynamics and Accounting Systems
43:08 - Power Platform Usage
45:05 - Importance of Training
50:32 - Spotfire vs Power BI
51:30 - Power BI Issues
52:16 - Training Necessity
53:48 - Consultation Services
54:23 - Low-code Tools Benefits
54:41 - Cloud-based Production Allocation
56:34 - Accounting and Cybersecurity
58:07 - Social Media Impact
59:37 - New Oil & Gas Software
01:00:00 - Data as Asset
01:01:06 - Expense and Risk Reduction
01:03:19 - Book and Social Media Recommendations
01:06:52 - Guest Contact Information
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