Digital Transformation in Oil & Gas Sector...miles to go
The tide is turning for traditional onshore and offshore energy industries. New digital ecosystems are pumping new life into tired operational models, enabling exciting new possibilities to improve productivity, safety, security, and environmental impact. It’s time for action. While going digital has mostly become the norm now, it perhaps makes more sense for this sector to seize the opportunity and scale up the impact, especially in today’s lower-for-longer environment that requires new operating and capital cost models. And with a comprehensive road map in hand, the journey may not be so cumbersome after all. Top executives of this sector know this very well that early bird gets the worm, but they would like to be second mouse that gets the cheese. This is because it’s more costly to be the first to adopt new innovations. So now the trickiest question is how can establish Oil & Gas companies tap into new transformational ecosystems? Digital technologies have s...