You are Home   »   News   »   View Article

Accenture 2019 Technology Vision for Energy report

Tuesday, October 8, 2019

Accenture has released its 2019 Technology Vision for Energy report, which predicts key trends likely to disrupt oil & gas over the next three years.

The report argues that a combination of emerging technologies known as 'DARQ'-distributed ledger (blockchain), artificial intelligence (AI), extended reality (XR) and quantum computing-will become the foundation for the industry's future.

Key findings include:
• 97% of upstream and 92% of downstream executives says the pace of innovation in their organization has accelerated over the past three years due to emerging technologies.
• 76% of upstream and 80% of downstream executives believe DARQ will have a transformational or extensive impact on their organizations over the next three years
• 80% of upstream and 90% of downstream executives are currently experimenting with one or more DARQ technologies
• Both upstream and downstream executives ranked AI as the #1 DARQ technology to impact their organization over the next three years
• 84% of upstream and 76% of downstream executives agree 5G will revolutionize their industry by offering new ways to provide products and services (e.g., drone delivery, driverless vehicles, faster video transmission)
• 76% of upstream and 63% of downstream executives agree their employees are more digitally mature than their organization, resulting in a workforce 'waiting' for the organization to catch up

For access to the full study, please follow the link here.



Associated Companies
» Accenture
comments powered by Disqus

CREATE A FREE MEMBERSHIP

To attend our free events, receive our newsletter, and receive the free colour Digital Energy Journal.

FEATURED VIDEO

Clustering Considerations in the Machine Learning Workflow – Examples with Exploration Data
Philip Lesslar
from Precision DM

DIGITAL ENERGY JOURNAL

Latest Edition June 2019
Jun 2019

Download latest and back issues

COMPANIES SUPPORTING ONE OR MORE DIGITAL ENERGY JOURNAL EVENTS INCLUDE

Learn more about supporting Digital Energy Journal