Digital technology makes it easier than ever to improve operations precisely where the business needs them. Yet heavy industry—the resource sectors, including oil and gas and chemicals—lags significantly behind other traditional sectors.
Why? Processes, procedures and ways of working in heavy industry are often not designed for the digital age, holding back the value that digital tech can deliver.
There is a massive source of untapped value to be gained from digital tools. Companies have been focusing on the hardware side of digitalisation, but the digital enablement of people and processes will drive as much—and if not more—value. There is a huge amount of white space.
These six digital enablers will drive business transformation, to improve processes from within your operations and positively impact your bottom line:
- Industry 4.0/X.0 and plant ecosystems
- “Everything-as-a-Service”
- Consumer tech driving the industrial experience
- Demise of the monolith and single-use apps
- Data everywhere
- Blurring of the digital and physical worlds