Embracing Digital: Oil & Gas Adopting and implementing digital technologies in the oil and gas industry Please let us know your thoughts! This short survey should take around 5 minutes to complete... OK Question Title * 1. What are the top three challenges facing your business today? Managing / reducing costs Increasing market share / profit margins Increasing competition Low demand for products and services New technologies forcing business reorganization / transformation Security and compliance on large projects / facilities Managing people, systems and processes Improving collaboration and communication in global organizations / projects Delivery of projects on time and on budget None of the above Other (please specify) OK Question Title * 2. What are the top three challenges in your role? 1. 2. 3. OK Question Title * 3. Is your organization readily adopting digital technology for the design, delivery and operation of assets? Yes No OK Question Title * 4. Which best describes your organization’s current level of digitalization? Low – we rely mainly on paper-based documents and processes Medium – we have some data held digitally in an engineering information management system High – data and processes are optimized to support best-practice project execution and operations Other (please specify) OK Question Title * 5. Does your organization understand the benefits of digital technology? Does not understand at all Has some limited understanding Has a moderate level of understanding Has a good understanding Understands extremely well OK Question Title * 6. Does your organization have a clearly defined strategy/roadmap for the implementation of digital technologies? Yes No Not sure OK Question Title * 7. Is your organization working with external partners to manage the people and process issues associated with adopting new technologies? (may include technology partners providing professional consulting services, change management experts, management consultants and other advisers) Yes No Not sure OK Question Title * 8. Which of these technologies is your organization likely to invest in over the next five years? Not at all likely Somewhat likely Moderately likely Very likely Extremely likely Not sure Cloud Computing Cloud Computing Not at all likely Cloud Computing Somewhat likely Cloud Computing Moderately likely Cloud Computing Very likely Cloud Computing Extremely likely Cloud Computing Not sure Big Data / Advanced Analytics (incl. predictive maintenance, biometric wearable technologies) Big Data / Advanced Analytics (incl. predictive maintenance, biometric wearable technologies) Not at all likely Big Data / Advanced Analytics (incl. predictive maintenance, biometric wearable technologies) Somewhat likely Big Data / Advanced Analytics (incl. predictive maintenance, biometric wearable technologies) Moderately likely Big Data / Advanced Analytics (incl. predictive maintenance, biometric wearable technologies) Very likely Big Data / Advanced Analytics (incl. predictive maintenance, biometric wearable technologies) Extremely likely Big Data / Advanced Analytics (incl. predictive maintenance, biometric wearable technologies) Not sure Extended Reality (AR / VR) Extended Reality (AR / VR) Not at all likely Extended Reality (AR / VR) Somewhat likely Extended Reality (AR / VR) Moderately likely Extended Reality (AR / VR) Very likely Extended Reality (AR / VR) Extremely likely Extended Reality (AR / VR) Not sure Mobility Mobility Not at all likely Mobility Somewhat likely Mobility Moderately likely Mobility Very likely Mobility Extremely likely Mobility Not sure Other (please specify) OK Question Title * 9. What is your organization’s single largest challenge when it comes to embracing digital technologies such as cloud computing, big data / advanced analytics, extended reality and mobility? Cost / Perceived cost Company workflows / processes not ready Complex internal decision-making / buying processes Introducing new technologies seen as disruptive to current work / projects Lack of support from senior management No clear understanding of the benefits / applications Haven’t found the right supplier to partner with None, my company is readily embracing digital technologies Other (please specify) OK Question Title * 10. What is the biggest benefit that digital technology will bring to your project or asset in the next 3-5 years? OK NEXT