Gartner Research

Top 10 Trends That Affect Oil and Gas CIOs in 2019

Published: 20 May 2019

ID: G00384365

Analyst(s): Simon Cushing, Rich McAvey

Summary

With radical optimization, a practical reality and disruptive business strategies emerging, digitalization in oil and gas is accelerating, and a few leading firms will pull ahead. CIOs in oil and gas must modernize IT and embrace change leadership to enable a breakout performance.

Table Of Contents

Analysis

  • Opportunities for CIOs and Senior IT Leaders

Top Trends

  • Artificial Intelligence Comes of Age
    • Impactful Capabilities and Top Use Cases
  • Transparency and Automation Enable Minimal Human Intervention and Monitoring
    • Instant Visibility to System Problems
    • Ability to Move Work Out of the Field
    • Demand for New IT Services via Edge Computing
  • Next-Generation Workplaces Boost Workforce Capabilities
    • Technologies Enable Radical Changes in Working Practices
  • The Rise of the Cyber-Physical Asset Accelerates the Evolution of Work
    • Controls and Processes Are Needed
    • Work Routines and Business Models Will Change
  • Digital Improves Business Resilience in Uncertain and Volatile Markets
    • Addressing Global Climate Concerns Versus Ending Global Poverty
    • Navigating Competing Business Priorities
  • Disruptive Business Models Emerge
    • Moving From Optimization to Transformation
  • Digital Platforms Connect Aggressive Business Strategies to Legacy Systems
    • Agile, Low-Friction Business Platforms Become a Priority
    • Business Platforms Should Reside in IT
  • CIOs Take On Culture and Other Barriers to Achieving Scale
    • Getting to Breakout Performance
    • Remastering the CIO Role
  • Digitalization Compels IT Operating Model Modernization
    • New Models, Methods, Tools and Metrics Are Needed
  • Product-Centric Delivery Facilitates IT Evolution
    • Establishing Dedicated IT Teams
    • New Architectures, Tools and Skills Are Needed

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