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The big data revolution in energy
The relentless drive to cut costs and boost production is unleashing low-cost oil and gas.
Published Sun, Aug 28, 2016 · 09:50 PM
THE disruptive forces of Big Data, software, and analytics are creating seismic shifts in the traditionally hardware-dominated energy sector and beyond.
The transformation affects the entire energy value-chain, from finding energy faster and producing it more inexpensively in the upstream, to more customised energy at the downstream user level, almost as if energy becomes un-commoditised.
With this shift, current business models in many sectors could become obsolete.
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