Gartner Research

Three Moments of Digital Disruption That Will Impact Every Oil and Gas Company

Published: 01 August 2017

ID: G00303721

Analyst(s): Rich McAvey, Dale Kutnick

Summary

From the 1860s through the early 1900s, the value chain for oil and gas was forged via disruptive transformations. Since then, the business model has been stable. Now, digital technologies, alternative energy sources and sociocultural shifts are forcing CIOs to deal with a new wave of disruption.

Table Of Contents
  • Impacts

Analysis

Impacts and Recommendations

  • The "Moment of Digital Awareness" opens the door for CIOs to participate in digital innovation that disrupts business as usual
  • The "Triple Tipping Point" requires CIOs to anticipate and prepare for significant industry disruptions that will change business models and use digital technology to drive efficiency, agility and intelligence
  • The "Shift in IT Expectations" compels CIOs to accept a new mission that fundamentally disrupts the IT organization's internal operating models and mandates adopting new technologies to drive IT efficiency

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