Sign up to get full access to all our latest Oil & Gas IQ content, reports, webinars, and online events.

Leading the great data transformation - News Stream

As digitalisation changes the way the industry works, stay at the head of the pack

Add bookmark

The great data transformation

The digital transformation is happening now. Not only are vast changes required in many large companies in the oil and gas sector, but the implications of properly leveraging massive reserves of data are massive. Many companies are unsure how to organise their data, how to present it in a meaningful manner, and to whom to give access.

There is an industry-wide concern at the lack of insight across many major oil and gas companies, with many firms feeling unable to properly assure the reliability and integrity of critical infrastructure due to a lack of properly presented data. Companies such as OSIsoft have produced reports highlighting this concern, and provided case studies for improvement.

According to EY, only 15 per cent of NOCs are fully digitised, with this lack of digital penetration being one of the main drivers of low ROI. To fully embrace digital transformation is to bring together disparate parts of the business, and maximise the potential of systems and data.

Make sure to catch next week's News Stream, and to download parts one and two of our exclusive data transformation report.


More From Data & Analytics

How BP and Chevron Use Digital Twins to Optimize Assets

Leading oil and gas companies have been using digital twins for years to accelerate production, redu...

 2022-03-10  by Oil & Gas IQ Editor
How BP and Chevron Use Digital Twins to Optimize Assets

The Open Data Platform Imperative for the Energy Industry

Learn about the industry-led and inspired Open Group OSDU data platform and why this open source dat...

 2021-03-15  by Oil & Gas IQ
The Open Data Platform Imperative for the Energy Industry

The Power of Organized Data

This whitepaper gives you the insights you need to sharpen your data strategy and empower your teams

 2021-01-04  by Oil & Gas IQ Editor
The Power of Organized Data

How Suncor is Transforming its Advanced Analytics Capability

Discover how Suncor is transforming its advanced analytics capability in an exclusive interview with...

 2020-11-19  by Oil & Gas IQ Editor
How Suncor is Transforming its Advanced Analytics Capability

Live Recording: Analytics Driven Operational Excellence

How to take asset reliability and twin initiatives beyond POC to become standard procedure across th...

 2020-11-18  by Oil & Gas IQ Editor
Live Recording: Analytics Driven Operational Excellence

Recommended