By 2025, the global population is expected to exceed 8 billion people—and they all will need safe, reliable, and sustainable energy. Hydrocarbons will continue to play a dominate role in supporting the fourth industrial revolution for some time yet. Rapid growth of hydrocarbon alternatives, improved energy efficiency, and the adoption of more sustainable lifestyle choices will affect the supply and demand sides of the value chain. The traditional value chain has many weak links, and for many companies it has broken. They need next-generation technologies to deliver the next-generation value chain. We call this new era “Oil and Gas Industry 4.0.”
Speaker
- Hisham Gouda, Chief Solution Expert, Oil and Gas Industry Business Unit, SAP
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