TECH BUYER Oct 2021 - IDC Perspective - Doc # AP47789921

IDC Perspective: The Opportunity for Artificial Intelligence in the Asia/Pacific Oil and Gas Sector

By:

Christopher Holmes
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, Haida Hatim
Abstract

This IDC Perspective discusses the role for artificial intelligence (AI) in the Asia/Pacific oil and gas sector. It further discusses how AI can automate and optimize exploration and production life cycle, refining operations and supply chain to enhance productivity and minimize operational costs. The impact of AI has already been realized by early adopters and has significantly gained a competitive advantage.

"Starting with small projects, which have proven successful use cases, and learning from them before moving to other areas will be important. In addition, leveraging digital culture and humans as a differentiator will be critical in moving toward a transformation economy as the transformation journey goes beyond technology," says Dr. Christopher Holmes, managing director, IDC Insights, Asia/Pacific.


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