archivedigitalisation

Specials

Digitalization Done Right for the Hydrocarbons Industry

By Ashwin Raikar Industry 4.0 revolution is making a very significant impact on the way companies across the globe carryout their day to day functions. Data analytics, machine learning and artificial intelligence are being employed across a whole spectrum of industries. The expectation of the leadership at companies adopting digitalization is to gain a level-up in efficiency, productivity and safety of their operations. And yet, according to an article published in HBR , companies adopting digital transformation have managed to capture only 31% of the expected revenue lift and only 25%...