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Insights
From Invoice Chaos to Invoice Zen
If you’ve ever found yourself drowning in a sea of paper invoices, approval bottlenecks, and supplier complaints that make you question your accounting choices, you’re not alone. We’ve all been there staring at our screens wondering if there’s a better way to handle invoices than playing an endless game of email tag with suppliers and coworkers. The good news is there is a path forward and that is not to hide under your desk (though we won’t judge if you’ve tried that).
As a part of Quorum's Qnect On Demand conference, we're offering both our Intro and Intermediate Power BI classes in-person in downtown Houston. Come join us!
Gartner Business Intelligence Magic Quadrant for 2025
This was released last month, findable by giving up your email address to your vendor of choice. Microsoft Power BI continues its reign at the top, with AWS QuickSight coming in a strong second on "ability to execute". Sigma was added for the first time, which is a name we've started to hear several times. Shockingly to us, Spotfire is no longer being included in the report - here's a blog from Spotfire on that topic.
Novi Labs raises $35mm
Invictus is investing a big chunk of change into Novi Labs. Novi's combination of data subscription and performance prediction models sit in the general lane alongside S&P, Enverus, and many others, with the notable difference being their access to proprietary allocated volumes (crucial for Texas oil leases in particular). The press release indicates that some acquisitions are planned as a part of the use of proceeds - we're very curious to see what they have in mind.
Power BI July Update
Another month, another batch of updates. Notable ones to us are the announcement of the long-term replacement of SSRS, improvements to Copilot and field parameters, new Organizational visual themes, and improvements to Pie and Donut charts. Plus improvements to the Snowflake and Databricks connectors as Microsoft continues the migration from ODBC to ADBC connectors.
SLB-ChampionX deal finally closes
After 15 months of regulatory hurdles, SLB's acquisition of ChampionX has finally closed. Included in that is a relatively small (yet crucial) piece of digital O&G technology. XSPOC, a heavily used rod pump monitoring application, will pose an interesting question for SLB. Will they spin it out into Sensia like they did with Avocet, OFM, and Avalon?
Need help navigating the news, changes, and reports? We are here to help.
Velocity Insight is a full-stack, full-function data management and analytics consulting firm. We come from your world, working in-house at O&G operators and we are here to help!
