Live Recording: Building the Business Case for Analytics Driven Operational Excellence

Recorded Live at Operational Excellence in Refining & Petrochemicals Online - March 23, 2021

Building the Business Case for Analytics Driven Operational Excellence

Digital initiatives and technology spending in the oil & gas and chemical markets continue to surge with 90% of companies reporting increased spending on digital over the next two years and 87% indicating they’re already using advanced analytics as they look to use data to increase productivity. But, According to Gartner, through 2022, only 20% of analytic insights will deliver business outcomes. Gartner also states that "80% of AI projects will remain alchemy, run by wizards whose talents will not scale in the organization.

How many times have you been part of a software implementation where you look up 12-18 months after go live and say "where's the ROI? Did we move the needle?". Many teams spend lots of time building the upfront business case to substantiate investment in software and analytics but fail to implement proper governance to track and measure their progress against the business case.

Join GE Digital to see how we are helping companies operationalize analytics technology embedded in the core work processes of your organization in the areas of safety, reliability, compliance and operational efficiency.

Jared Hartness, Director of Industry Solutions, GE Digital