A must-read new book on the oil and gas industry has been saved
Analysis
A must-read new book on the oil and gas industry
Bits, Bytes, and Barrels: The digital transformation of oil and gas
In “Bits, Bytes, and Barrels: The digital transformation of oil and gas,” authors Geoffrey Cann and Rachael Goydan lay out the current landscape for digital technologies in the energy business. Their years of practical experience provide valuable advice on how progressive energy leaders can turn disruptive challenges into a generational opportunity.
‘In the Oil Patch’ Radio Show: The digital transformation of oil and gas
‘In the Oil Patch’ recently welcomed Nate Clark, principal, Deloitte Consulting LLP, Rachael Goydan, managing director, Deloitte Consulting LLP, and Geoffrey Cann, retired partner, Deloitte Canada, to explore the impact and opportunities of digital transformation and technology in the oil and gas industry. Goydan and Cann also discuss their recent book, Bits, Bytes, and Barrels: The Digital Transformation of Oil and Gas.
Bits, Bytes and Barrels Webinar
Listen to the recording of an insightful webinar on the digital transformation of the Oil and Gas industry. Hear from the authors of Bits, Bytes and Barrels, Geoffrey Cann and Rachael Goydan, as they discussed the steps leaders can take to accelerate the adoption of digital transformation.
You’ll learn and discover:
- Why digital adoption in the energy sector is slow
- The size and scale of the opportunities and threats from digital
- The key technologies and the role they play in a digital future
- The actions leaders can take to accelerate the adoption of digital in the business
Join us to explore how your organization can capture the benefits of digital transformation by watching this recent webinar event.
What’s the latest book on oil and gas about? An industry at a crossroads
Recent low prices, rapidly growing alternative fuels like renewables, the permanent swing from peak oil to superabundance, shifting consumer preferences, and global pressures to decarbonize suggest a challenged industry for the foreseeable future. Digital advances offer ways to lower costs of production, improve productivity, reduce carbon emissions, and regain public confidence. A wait-and-see attitude to digital innovation has failed many industries already, and the leaders of oil and gas urgently need guidance on how digital both disrupts and enhances their industry.
Written by two of the world’s leading experts on the intersection of digital technologies and the oil and gas industry, Bits, Bytes, and Barrels sets out the reasons why adoption is slow and describes the size and scale of both the opportunity and the threat from digital disruption. This book on oil and gas also identifies the key digital technologies and the role that they play in a digital future—and recommends a set of actions for leaders to take to accelerate the adoption of digital in the business.
Providing an independent and expert perspective, Bits, Bytes, and Barrels addresses the impacts of digital across the breadth of the industry—from onshore to offshore, and from upstream to midstream to integrated—and outlines a roadmap to help the decision-makers at all levels of the industry take meaningful action toward promising and rewarding digital adoption.
"Bits, Bytes, and Barrels" in the news
Read The digital paradox of change in the oil and gas industry in Digitalist Magazine
Now available online and in bookstores
Technology, innovation, and business model changes are impacting industry at a rapid pace—yet in some cases, not fast enough. Bits, Bytes, and Barrels is an excellent primer on existing and future innovation levers that the energy sector can incorporate to improve adaptability and competitiveness. Important reading for boards, the C-suite, and those looking to understand how technology can move the needle or stand-up effective internal innovation. I highly recommend this book.
— Samantha Stuart, vice president of strategy and corporate development, TransCanada
Excerpts from chapter one: “What is digital?”
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