Published: 31 January 2023
Summary
Data analytics is now mainstream in oil and gas. Leading companies are adopting new technology and revitalizing skills development to create comprehensive capability for value at enterprise scale. CIOs can leverage this trend to build effective data analytics foundations.
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Overview
Opportunities
The scope of analytics is broadening, but current data architectures are narrow and limiting while challenges in building more integrated data pipelines are inhibiting the potential of analytics value to address enterprise optimization and performance improvement. Data fabrics and widespread elevated analytics competencies can help address these challenges.
Companies that overcome these challenges can outperform peers by moving beyond specific use cases and embedding analytics further into business value chains and improving time-to-value.
Successful CIOs are finding ways to adopt comprehensive data and analytics approaches, focused in particular on data fabrics, and commit to sustained analytics competency development across the
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