If you’re looking for great examples of mobile and digital transformation, you might start with cloud-based software developers, online retailers, or even the education sector. However, one industry you might not consider is the traditional world of oil and gas utilities.
Since privatization in the 1990s, the oil and gas sector has not faced fundamental threats to its core business or operating models. Now things are changing in a big way. A recent report on innovation imperatives for the oil/gas industry by Monitor Deloitte shows how energy providers are feeling pressure to lower production costs, meet environmental safety regulations, and satisfy more stakeholders.