Faced with increasingly difficult challenges such as declining production rates, a retiring workforce and cost control of remote megaprojects, the energy industry is racing to understand how to leverage the concepts of digital disruption to help solve pressing challenges and continue to deliver shareholder value.
Harnessing digital disruption and technical innovation is anything but easy. Accenture research shows that while many energy leaders recognize the transformational potential of digital technologies, they still have difficulty executing the ideas in an industry drowning in data and active in scattered, remote locations.
A recent Accenture survey found many energy leaders a little more likely than those in other industries to have aggressively pursued and invested in mobile technologies as a key business strategy, yet their progress lagged that of their peers.
The Accenture Technology Vision 2014, which identifies the top emerging technology trends, shows how the trends that helped companies such as Google and Amazon to become digital disrupters—such as the digital-physical blur, crowdsourcing and the data supply chain—are starting to infiltrate the energy industry and encouraging traditional industry players to become the digital giants of tomorrow.
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