Is this a high-time for the Oil & Gas industry to consider full-scale digital transformation?
Connectivity is the best thing that happened with digital evolution. It has not only empowered individuals but also opened new opportunities for businesses. In the last four decades, companies in the Oil & Gas industry has failed to leverage technological adoption.
The industry has never been able to utilize the massive data it generates for informed decision making. A series of macro-economic, industry, and technology trends have initiated a new wave of digital transformation in the Oil & Gas industry.
While we shall be covering the trends and context in our next report, we are happy to present the four pillars on which the digital transformation for oil & gas hinges.