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Using ICT Innovation to Meet Business Challenges and Gain Competitive Advantage
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Oil and gas companies must take advantage of ICT innovations to meet their business challenges and gain competitive advantage. This study analyses the role of ICT innovation in the global oil and gas industry. The study will specifically look at 4 key ICT trend: M2M communications, big data, anywhere anytime collaboration, and network and infrastructure security, and how they can enable oil and gas companies to address their key business challenges: enhancing exploration and production, improving refining and manufacturing efficiency, and optimizing global operations. Increasing viability and integration of data across the global supply-chain can reduce risks, enable for quicker and more accurate decision-making, and reduce costs.
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