About this paper
Data analytics can tap hidden value in oil and gas operations, increasing operational efficiency and value per barrel or BTU. Even with the many proven advantages of analytics across industries, oil and gas companies have been slow to reap the benefits of advanced analytics. The culprit is a “digital divide” between people, departments and organizations.
A recent JWN workshop, sponsored by SAS, brought together professionals from the oil and gas business to discuss how their companies bridge these digital divides, and make an effective business case for an analytics platform in the midst of a market downturn. The industry discussion included:
- Pain points of the digital technology transition;
- Building the desired corporate culture to support the transition; and
- Winning strategies used by companies that have crossed the divide to analytic value.
Download the report Conquering the Digital Divide in the Midst of the Downturn to learn how your peers find paths to analytic success, turning oil and gas data into improved business insights. The report includes case studies on the most cost-effective predictive analytics approaches, industry best practices, creative business models and other specific recommendations.