How do you believe digital products and technologies have shaped the energy industry over the previous five years ? What has been the most significant application of tech in your opinion ? Digitalisation is starting to make inroads into the energy industry in many ways . Technologies like big data , the cloud , IoT and artificial intelligence are not just changing the business , but also re-writing the job description of the next generation of engineers .
Of all these technologies , the
cloud has seen the most widespread adoption in the upstream oil and gas industry due to the large number of asset owners and operators who need to collaborate in complex fields . The resulting connectivity is really changing the way business is done , and enabling operators to do more with less , even in remote locations , with few frontline staff .
Big data analytics is perceived by the industry to be the most valuable application of technology , however in practice we see that analytics has been limited to pockets of success and has not yet met its full potential .
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