Oil and gas companies are struggling with data integration. Is analytics the answer? What steps can companies take to turn data into insight and action? This report provides insights from a survey of energy companies and provides a roadmap on how to create an analytically powered organization.
Energy is an industry dominated by engineers and scientists, working in disciplines that embrace facts and figures to reach conclusions and make informed decisions. Yet a recent Accenture survey of analytics practitioners indicates that only one in five energy-industry respondents report using an integrated, organization wide approach to analytics.
With the rise of big data and a wide range of new technologies, analytics have reached the tipping point.
This report explores the barriers blocking companies from generating improved outcomes from analytics and provides case studies of how organizations have leveraged analytics for tangible gains. It also offers a road map to gauge maturity on the journey to becoming a business where analytics drive competitive essence.