I have very much enjoyed a series of stories and quotes used in presentations and discussions in recent months, delivered to an audience today, for which there is as much relevance as when they were first written in the early 1970s.
Attend any industry conference and signs that the wider oil, gas and chemicals industries are starting to embrace digitalisation will soon become apparent. The audience is moving from predominantly information technology (IT) personnel interested in the bits and bytes of data, to that of production engineers or management keen to know exactly and practically how digital can save the day.
The oil and gas supply chain may have gone through a challenging few years, but the industry is on the cusp of another period of substantial change – one we’ve already seen take hold in other sectors. Digital transformation is opening up huge opportunities to operators, service companies, and suppliers – but it’s a double-edged sword.