Beyond buzzwords
Industry pioneer Cognite warns that digitalisation’s track record of over-promising and under-delivering threatens to overshadow its huge potential to transform oil and gas
A certain ennui has crept into media coverage of the oil and gas industry’s digitalisation journey. Too many companies using the same words, often in roughly the same order, and not enough concrete demonstrations of the bottom-line impact of this brave new world of data. Paula Doyle, senior vice-president of sales and marketing at Norwegian software house Cognite, argues the risk of digitalisation disappointing is not just perceptual, but also real. Petroleum Economist spoke to Doyle on the sidelines of December’s World Petroleum Congress in Houston to find out more about what some of the buzzwords might mean in practice and how a data-driven solution might deliver genuine gains. Your part
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