TIBCO Software > Case Studies > Ruths.ai Becomes a Trusted Oil and Gas Industry Advisor with Spotfire

Ruths.ai Becomes a Trusted Oil and Gas Industry Advisor with Spotfire

Customer Company Size

SME

Region

America

Country

United States

Product

TIBCO Spotfire
Exchange.ai

Tech Stack

Analytics Platform
API Integration
Cloud Transition

Implementation Scale

Enterprise-wide Deployment

Impact Metrics

Cost Savings
Customer Satisfaction
Productivity Improvements
Revenue Growth

Technology Category

Analytics & Modeling - Big Data Analytics
Application Infrastructure & Middleware - API Integration & Management
Platform as a Service (PaaS) - Data Management Platforms

Applicable Industries

Oil & Gas

Applicable Functions

Business Operation
Quality Assurance

Use Cases

Predictive Maintenance
Asset Health Management (AHM)
Process Control & Optimization

Services

Data Science Services
System Integration
Cloud Planning, Design & Implementation Services

About The Customer

Ruths.ai is a boutique data science shop and TIBCO Spotfire partner. They specialize in building analytics solutions for oil and gas companies. Their team consists of data scientists, knowledge management experts, and domain specialists. Ruths.ai aims to be a trusted advisor to their clients by providing quality solutions and good advice on implementation. They focus on delivering visual and interactive data science solutions that allow end-users to gain trust and continue enhancing the solutions as their problems evolve.

The Challenge

Oil and gas is saturated with tools and software, presenting an opportunity for data science to connect across domains and provide unique workflows. Ruths.ai aimed to be a data science partner and trusted advisor by delivering quality solutions and good advice. They sought technologies that enabled easy deployment at enterprise scale and allowed end-users to gain trust and exercise intuition. Without the right technologies, Ruths.ai would be limited in their ability to deliver and connect with clients.

The Solution

Ruths.ai has used TIBCO Spotfire as its analytics platform since its founding. They cater to clients at different data science maturity levels, tailoring solutions to meet their needs. Spotfire's quality tools and large user community led Ruths.ai to launch Exchange.ai, an analytics app store built on Spotfire. This platform allows users to identify their level of sophistication and purchase analytics to grow their maturity level. Ruths.ai's commitment to delivering quality data science and leveraging TIBCO professional services has enabled them to provide great consulting services and access to online resources.

Operational Impact

Ruths.ai has become a trusted advisor by delivering a myriad of solutions using Spotfire, including improving reserves bookings, finding field workover opportunities, and decreasing downtime.
Their work focuses on the business bottom line, showing dramatic cost savings and improving client satisfaction.
Spotfire's flexibility allows it to be used for many functions in different ways, making it a valuable tool for clients with diverse needs.
Ruths.ai's high-quality development and easy deployment of solutions have built trust with clients, ensuring continued collaboration.

Quantitative Benefit

Increased annual revenue by $10 million by identifying and optimizing field stimulation candidates.
Saved $120 million over three years by building a data room for selling assets and identifying well workovers and new well completions.