Digitalisation transforms the energy industry by increasing the efficiency and safetiness in energy use.

Digital transformation has changed people's lives and industries in ways that were unimaginable 10 years ago. The COVID-19 pandemic also drives digital transformation even faster. Moreover, digitalisation has also transformed the energy industry in its efforts to increase efficiency, security and promote the use of renewable energy.

Currently, we are at the peak of digital transformation where there are a lot of innovations such as the Internet of Things (IoT) and the generation of data from billions of sensors. Plus, machine learning and artificial intelligence are no longer science fiction because these technologies are capable of automation and optimization in real life. These various innovations and technologies can drive cost-efficiency, open up new opportunities, and change business models. They have the potential to change the oil and petroleum industry for the better.

Digital transformation is more than just changing a technology. Digital transformation also brings about changes in company values such as; work culture, speed of decision making, and strategic thinking. e Here in Shell, we employ leading data scientists who turn data into practical solutions that encourage the growth of the business as a whole. This is very important because through the right machine learning technology, a company can deliver transformative change to its industry, as well as taking opportunities to develop cleaner energy solutions.

What Are the Benefits of Digital Transformation?

  • cost

    Cost

    In recent years, there are declining prices of sensors, data storage units, and processors.

  • computing power

    Computing power

    There are increases in speed, number, and memory of processing units in accordance with Moore's law.

  • technical issues

    Technical Progress

    Sophistication in analytical techniques, computational algorithms, and artificial intelligence allow more information to be obtained from the vast amounts of data collected by digital sensors.

  • accessibility

    Accessibility

    The affordability of internet access and the convenience of a wireless online network will open up greater opportunities.