Our new, comprehensive study details the driving forces behind the reinvention of the global oil and gas industry for the rapidly evolving digital age. We have identified four key factors contributing to changes aimed at maximizing operational efficiency across the industry: persistently volatile commodity prices; the high costs associated with workplace safety and the replacement of retiring skilled laborers; the shift toward a low-carbon economy and stricter emissions standards; and a global change in supply and demand coupled with unpredictable geopolitical factors.
Our new report, “The Digital Transformation of Oil and Gas,” analyzes how industry leaders are adapting to meet these challenges, as well as what the evolution and maturation of this digital transformation means for the future of the industry as a whole.
Lux Research is a leading provider of tech-enabled research and advisory services, helping clients drive growth through technology innovation. A pioneer in the research industry, Lux uniquely combines technical expertise and business insights with a proprietary intelligence platform, using advanced analytics and data science to surface true leading indicators. With quality data derived from primary research, fact-based analysis, and opinions that challenge traditional thinking, Lux empowers clients to make more informed decisions today to ensure future success.