Digital Transformation Essential for E&P Industry to Thrive in New Economy

Dr. Satyam Priyadarshy, Technology Fellow and Chief Data Scientist at Landmark, a business line of Halliburton, published an article in World Oil (January 2017) about the necessity for digital transformation within the E&P industry.

An example of digital transformation is that upstream companies will adopt emerging technologies like social, mobile, cloud apps and software-defined solutions to enable business growth at an accelerated pace. To complete a digital transformation, digitization and digitalization intertwined with emerging technologies and big data analytics will need to impact workflows and processes across the oil well lifecycle, as well as identify new and innovative ways of coordinating the next generation workforce, governance and business models to promote continuous growth and value creation.

To learn more about the key areas necessary to master to reap the rewards of undergoing a digital transformation, click here.