Balance between Governance and Innovation.
The oil and gas industry face increased pressure across multiple dimensions of their business. For example, heightened regulatory compliance requirements has created new and complex pressures that have not been faced before. At the same time, knowledge gaps are posing risks to business continuity as the industry strives to improve knowledge creation and retention. Whereas upstream producers seek maximized production, midstream oil & gas producers are concerned about security and safety for reliable operation, and downstream refining and petrochemical producers strive to eliminate safety-related incidents and improve operator performance. On top of the challenges, there is uncertainty surrounding the increasing disruption of digital technologies in the oil and gas industry. As the pace of change continues to exceed digital adoption, the ability to balance governance and innovation becomes more challenging.
At Thynkli, we orchestrate change to support transformation. With our Digital Twinning Software, we take a holistic, non-disruptive view of your organization. We determine where operational efficiencies and cost savings exist through data-driven insights. Our expertise in understanding the importance of human-machine collaboration allows us to achieve high engagement levels with agile iterative execution that yields ROI in a short period of time. Enabling Digital Transformation is the key to oil and gas companies as it drives improved customer experiences whilst maximizing value creation across asset and operations lifecycles to improve profitability, maximize return on capital, and improve overall competitive advantage.