Published: 31 January 2024
Developing actionable roadmaps toward specific business outcomes is now a priority for most oil and gas companies. As each company’s ambition and roadmap is unique, this trend analysis helps CIOs optimize their roadmap by characterizing the spectrum for strategies.
Recent advances across digitalization, such as AI and automation, have built organizational confidence in the value of digital technology. These advances have narrowed the capability gap to design and construct intelligent industrial assets.
The blending and consolidation of IT/operational technology (OT), the emergence of the industrial Internet of Things (IIoT), and the prevalence of SaaS/platform as a service (PaaS) services have changed mindsets regarding operational technology innovation.
Overengineered, custom-made solutions are leading to leaner, faster, more agile technology deployments, building commitment for the efforts needed to construct intelligent industrial assets.
The incremental cost for intelligent industrial assets has been reduced by the
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Analysts:
Rich McAvey, Simon Cushing
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