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Oil & Gas Digital Industry Podcast

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Listeners can count on this episode of Digital Industries, co-produced by SAP and S.M.A.C. Talk Technology Podcast, for hard-hitting analysis on not only the technology but also how it relates to business and the future of work in the oil and gas industry.

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Oil & Gas Digital Industry Podcast

  1. 1. PUBLIC Joerg Ehlert, Vice President and Global Head of Oil and Gas Business Unit, SAP With hosts Daniel Newman and Brian Fanzo Digital Transformation in the Oil and Gas Industry. June 2017
  2. 2. 2PUBLIC© 2017 SAP SE or an SAP affiliate company. All rights reserved. ǀ We are at the dawn of the next monumental technology change where everything is connected and software is embedded in our lives. This technology change is bringing new opportunities and new threats. Cycle time for innovation is 5 to 10 times faster, and oil and gas companies can only compete if they reduce complexity, re- invent business, and data becomes the fuel for value creation for customers and shareholders. With SAP S/4HANA®, your oil and gas company can now enable your digital enterprise and drive this value creation. The energy world as we know it is experiencing a revolution on both the supply and demand sides of the value chain. We are experiencing a digital revolution from the technology advances of hyperconnectivity, supercomputing, cloud computing, smart technology, block chain, and cybersecurity. This revolution will transform the oil and gas industry away from the traditional, vertically integrated business models to an industry where access to information will overtake access to reserves and capital as the competitive differentiator. These same disruptive technologies can help reach new levels of safety, cost control, and agility in a lower oil price environment, while providing a bridge to success in the new, diversified and outcome-focused energy economy. To succeed, oil and gas companies need to put in place a coherent digital vision with clearly articulated strategies. In particular, companies will need to address emerging business models such as driving outcome-based engagements, providing energy-as-a-service, and flexible sourcing of resources through external talent networks. To execute these goals, firms will not only need to reengineer their business processes, but they will also have to evaluate if they have the right technology platform that can deliver on that vision. This platform requires an IT architecture that provides both stability and long-term reliability for core enterprise processes, and at the same time allows for flexibility in areas where change is happening on a constant basis. The digital core is the foundation for the core processes that need to run consistently and flexibly. It provides uninterrupted, real-time transactions and analytics, the ability to work with Big Data and connectivity to line-of-business (LoB) extensions that enable supporting processes such as oil solutions, including SAP Fiori® apps. SAP S/4HANA is the real-time platform at the core of the digital energy network, enabling companies to connect seamlessly both internally and externally. The digital energy network starts with a digital core that interconnects all aspects of the value network in real-time to drive business outcomes. The digital core gives oil and gas companies the opportunity to rationalize and simplify core business processes and integrate processes with analytics in real- time to enable a smarter, faster, and simpler enterprise. What does digital transformation mean for the oil and gas industry?
  3. 3. 3PUBLIC© 2017 SAP SE or an SAP affiliate company. All rights reserved. ǀ … is more than the subject of the moment; it’s an important step every oil and gas company must face to adapt to the requirements of a digital economy. Listeners can count on this episode of Digital Industries, co-produced by SAP and S.M.A.C. Talk Technology Podcast, for hard-hitting analysis on not only the technology but also how it relates to business and the future of work in the oil and gas industry. Listen now For more on how SAP can help you drive your own digital transformation in the oil and gas industry, visit us online. Digital transformation in the oil and gas industry …
  4. 4. 4PUBLIC© 2017 SAP SE or an SAP affiliate company. All rights reserved. ǀ “The role of the big oil companies has changed compared to the national oil companies, which now control most of the oil reserves in the world. And here comes digital. All of a sudden, we're at the threshold of rethinking what is really the core competency of an oil and gas company.” — Joerg Ehlert, Vice President and Global Head of Oil and Gas Business Unit, SAP Digital Industries, co-produced by SAP and S.M.A.C. Talk (Social, Mobile, Analytics, Cloud) Technology Podcast What is the state of the oil and gas industry?
  5. 5. 5PUBLIC© 2017 SAP SE or an SAP affiliate company. All rights reserved. ǀ S.M.A.C. Talk (Social, Mobile, Analytics, Cloud) Technology Podcast for the Oil and Gas Industry Daniel Newman, Co-Host  President, Broadsuite Media Group Joerg Ehlert, Guest  Vice President and Global Head of Oil and Gas Business Unit, SAP Brian Fanzo, Co-Host  CEO, iSocialFanz LLC Listen now
  6. 6. Thank you.

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