Digitization in Oil & Gas
Digital transformation will shape the future of the oil and gas industry
Oil and gas companies have been under huge pressure in the last few years, squeezing costs as far as possible to maintain good margins. Now is the time to invest in digitization for growth,” explains Olivier Vicaire, Senior Business Consultant, Orange Business Services. “At the same time, they need to be smarter in analyzing new sources as well as producing oil and gas in a more streamlined way.
- Capable of Unlocking $1 trillion of value for Oil & Gas and another $640bn for both customers and society
- Improve savings of about $170 billion and improve productivity by $10 billion
- Creating sustainable value of $1.5 trillion for all the stakeholders
Key to digitization transformation is about rethinking the complete process and not merely about technology