Accenture describes research on the benefits of digital technology for oil and gas refineries
Reporter: Ridwan Nanda Mulyana | Editor: Handoyo.
KONTAN.CO.ID – JAKARTA. Accenture released the latest research on the role of digital technology in supporting the oil and gas (oil and gas) industry. Titled “The Intelligent Refinery”, the survey involved 169 executives and management mid-level, business units and engineers of oil and gas companies from 48 countries.
Managing Director-Resources Operating Group Accenture, Mark Teoh explained, this research shows the importance of investing in the digital field, which even provides financial benefits.
Based on the survey, 30% of respondents revealed that digital technology has increased their company’s profit margins by more than 7% in the past 12 months.
There are 20% of respondents said the implementation of digital technology can add business value of US $ 50 million-US $ 100 million or more. Meanwhile, 33% of respondents stated that the additional value obtained was US $ 5 million – US $ 50 million.
“These immediate financial benefits show why more than half (59%) of the companies involved in the same survey last year are currently increasing their investment in digital technology compared to 12 months ago,” explains Mark.
Apart from financial terms, this survey also shows that 56.4% have a positive impact on reliability and maintenance, 50% on production planning, and 47.1% on production execution.
The latest technology that can provide added value, including sensor technology Internet of Thing (IoT) and technology edge computing, combined reality and virtual (mixed reality), mobility (mobility) and blockchain / smart contacts.
Country Managing Director Accenture Indonesia, Neneng Goenadi said, different from the survey in the previous year, in the 2018 survey, Indonesia was also part of the survey. Unfortunately, Neneng did not go into more detail.
“Indonesia is also in this survey. But because it is here refinery oil and gas it’s not much, so it’s not significant. “Globally, one third of it is Asia Pacific and there is Indonesia,” Neneng explained to Kontan, Tuesday (31/7).
As an illustration, Accenture is a professional services company that provides a variety of strategic, consulting, digital, technology and business operations services and solutions. There are more than 40 industries and business functions, serving clients in more than 120 countries.
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