Exploration data management a rising priority, according to global survey
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Exploration data management a rising priority, according to global survey

November 05, 2013 -- Managing data has become a critical concern in the exploration community, according to a global survey report released by Geosoft Inc.

When Geosoft conducted a similar survey in 2011, only 18% of respondents identified managing exploration data a matter of “critical importance.” Now 44% of them do, with another 38% regarding it as a “top 5 issue.”

Data was collected from over 415 organizations around the globe. The 693 respondents represented a cross-section of roles within resource and energy exploration companies, industry service providers, government and educational institutions. More than 60% were from the mineral resources industry, with the remainder coming from energy (11%), government (9%), educational organizations (5%), and other sectors.

Some key findings:

In summary, the report found that there is a growing need for effective data management in the exploration community in order to attract investors and improve discovery rates. Although organizations are getting better at centralizing their data on a single platform, more work needs to be done to increase data accessibility, reduce duplication, smooth workflows, and lessen dependency on experts.

The survey report is available at www.geosoft.com/eims-survey-2013.

About Geosoft
Geosoft helps earth explorers make discoveries through data. The company provides software and services that advance 3D visualization and analysis of the Earth's subsurface; and solutions for the management and discovery of large geoscientific data. Geosoft software is used by thousands of clients within resource exploration industries, government and the earth sciences, including the most successful mineral and oil explorers in the world. Visit www.geosoft.com.

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Carmela Burns
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