SAP HANA Idea Incubator – Predictive Analytic based on Oil & Gas [Natural Resources]- Upstream (Exploration)
Making use of different parameters or information from satellite imaging for all existing oil extraction sites, it may be possible to derive or generate complex algorithm to understand commonalities among different Oil extraction sites.
Based on this algorithm or pattern, it should be able to predict different possible oil extraction sites across earth by analyzing similar parameters (or information from satellite imaging for these sites).
These algorithm should provide probability to find oil across different areas.
These algorithm can be applied to find extraction sites (ores) for other precious & useful minerals as well based on similar or slightly different data.
Dear Subject Matter Experts,
Please provide your comments if you agree with this idea or you have better idea.