OSDU Forum Launches Open Source Data Platform For Energy Industry

March 26, 2021
The Open Group OSDU Forum launches the OSDU Data Platform Mercury Release, an open source, standards-based data platform designed to stimulate innovation, industrialize data management and reduce time to market for new solutions in the energy industry.

The Open Group, the vendor-neutral technology consortium, announces the OSDU Data Platform Mercury Release. Developed by The Open Group OSDU Forum, the OSDU Data Platform is an open source, standards-based and technology-agnostic data platform for the energy industry that stimulates innovation, industrializes data management and reduces time to market for new solutions, according to the group.

The OSDU Data Platform will provide over time access to a vast portfolio of open and proven vendor-developed applications from a broad range of energy sources. By accessing this ecosystem, developers no longer have to develop and maintain the monolithic architecture needed to deliver unique value-add services. Now, with a single set of well-defined and industry-specific APIs, organizations can easily accelerate platform design and develop proprietary applications on top of the OSDU Data Platform, according to The Open Group.

With an open source approach, any company – from established corporations to start-up challenger companies – can contribute new features to the platform, supporting a variety of business workflows. All work is validated by the OSDU Program Management Committee (PMC) to ensure it is aligned with the overall direction of the Forum.

With a single view of industry data, the OSDU Data Platform can be harnessed for innovative business applications, according to The Open Group. The Mercury Release of the OSDU Data Platform is now available to operators and software developers who want to:

● Liberate data from traditional silos and make all data discoverable and usable in a single data platform.

● Enable new integrated exploration and development workflows that reduce overall cycle time.

● Take advantage of emerging digital solutions to provide scalability and accelerate decision making.

For more information, visit: www.opengroup.org

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