Oil and Gas
According to the whitepaper released by the World Economic Forum, digital transformation could unlock more than $1.6 trillion in new value for the global oil and gas industry between 2017 – 2027.
Advanced digital technologies will improve operational activities, enhancing their health and safety plans, and bolstering exploration and production.
On an operational level, leveraging emerging technologies such as AI and IoT can further enable real-time equipment and environmental-conditions monitoring, while also providing transparency and greater control over processes.
