Gartner Research

It's the New Roles for IT, Not the Old Ones, That Will Make Upstream Oil and Gas CIOs More Strategic

Published: 30 August 2016

ID: G00297241

Analyst(s): Rich McAvey

Summary

Upstream oil and gas companies are discovering capability gaps as they expand their use of data and digital technologies to optimize business performance. Many of these gaps can be best addressed by IT, leading to new strategic relevance for CIOs who take timely action.

Table Of Contents
  • Impacts

Analysis

Impacts and Recommendations

  • Volatile oil and gas markets require CIOs to deliver higher levels of business agility and productivity to maintain financial viability
    • Integrated Planning and Operations
    • CIOs are facing unacceptable levels of risk at many upstream entities because of the high cost and rigidity of manual processes and dumb assets

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