Fuelling innovation in the Indian oil and gas market
Energizing oil and gas companies with digital technologies to thrive in a fiercely competitive market
Reimagining the future of oil and gas
Geopolitics, supply and demand disruptions, sustainability challenges and the booming electric vehicles market are changing the game in the oil and gas industry. In a fiercely competitive market, companies that harness digital and accelerate innovation will grow at speed and scale. Investment in digital ecosystems of the future and emerging technologies will unlock the next phase of innovation in the Indian oil and gas industry. Companies that set up a Digital Center of Excellence (CoE) will unlock hidden value from existing operations and maximize returns from new opportunities. Accenture’s proprietary framework provides a high-level overview of successful digital interventions made by global players across the oil and gas value chain. In this article, we also recommend five imperatives to help Indian oil and gas companies unleash the true potential of digital innovation for an unmatched business advantage.