Download - Energy Predictions 2016
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Analyst Energy Predictions 2016
Christopher Manfredi
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Role of the CIO and the IT organization in upstream oil and gas will be to initiate change, foster relationships and change the culture of the organization
- Gartner: Industry Top Predicts 2016
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Advances in key enabling technologies, such as advanced analytics, the Internet of Things, smart machines and wearable devices, are providing faster, better and cheaper pathways for digitalization. Unfortunately, CIOs will still need to operate under difficult economic conditions
- Gartner: Industry Top Predicts 2016
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By 2020, the most valuable energy utility in the world will not own any network or generation assets
- Gartner: Industry Top Predicts 2016
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By 2018, 50% of customers will download utility mobile apps, but only 10% will use them on a regular basis
- Gartner: Industry Top Predicts 2016
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By 2020, 40% of field assets will be monitored and managed by interactions with virtual 3D models
- Gartner: Industry Top Predicts 2016
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By 2020, more than 50% of well bore drilling activities on electric rigs will be controlled primarily by algorithm and secondarily by human expertise.
- Gartner: Industry Top Predicts 2016
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By 2020, 30% of upstream CIOs will adopt scenario planning methodology to guide digital innovation and future-proof their companies against market volatility.
- Gartner: Industry Top Predicts 2016
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"The oil bust will kill off 19 million barrels per day (MMBD) of future oil production."
- Will Oil Production Fall Off A Cliff?
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93.6 MMBD in 2014 to an expected 86.1 MMBD in 2017 and down to 80.4 MMBD in 2020
- Will Oil Production Fall Off A Cliff?
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More Than 90% of Oil and Gas Companies Will Have a Standard Set of Cybersecurity Applications in Operation Within the Next 16 Months
- IDC Worldwide Oil & Gas Predictions 2016
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25% of All Oil and Gas Companies Will Be Using Cognitive Advanced Analytics Approaches in the Oilfield by 2019 to Improve Performance and Production by 10%
- IDC Worldwide Oil & Gas Predictions 2016
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The Top 50% of Oil and Gas Companies Will Double Down on Oilfield Operations Automation to Double the Productivity of Those Operations by 2020
- IDC Worldwide Oil & Gas Predictions 2016
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- IDC Worldwide Oil & Gas Predictions 2016
With Growth in Energy Demand Across ASEAN and India, 30% of Oil and Gas Companies Operating in Asia Will Seek Capabilities to Execute by 2019
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- IDC Worldwide Oil & Gas Predictions 2016
By 2018, 75% of Oil and Gas Organizations with More Than 10 Operating Wells Will Have Digital Twins of Each Individual Platform
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- 2016 Predictions for the Oil and Gas Industry
In the next three years, operating in the cloud will become the norm across the oil and gas industry. Wireless technology was the first big step, and the cloud is soon to follow as it’s both more efficient and cost effective
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- 2016 Predictions for the Oil and Gas Industry
Over the next year, less mature or smaller organizations will continue to react more extremely and cut spending, even shutting down for a period of time to save the business. The bigger players will guard budgets and reduce or delay planned maintenance, expansion projects and other business transformations in order to maintain critical activities
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- 2016 Predictions for the Oil and Gas Industry
Industrial organizations will reap the benefits of big data. As affordable sensors have been introduced to the market, more data has become available to industrial organizations.
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- 2016 Predictions for the Oil and Gas Industry
3D printing will emerge as an innovative alternative for companies in the oil and gas industry in 2016, as they scrutinize their supply chains and engineering practices.
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Not just coal plant retirements, but perhaps more nuclear plants shuttering
Electric Utility Trends And Predictions
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Electric Utility Trends And Predictions
Growing interest in energy imbalance markets
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- IDC Worldwide Oil & Gas Predictions 2016
Growing utility interest in microgrids
Electric Utility Trends And Predictions
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Continued merger activity into 2016
Electric Utility Trends And Predictions
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Electric Utility Trends And Predictions
Disillusionment with carbon capture as a way to clean up coal
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By 2018, 20% of Energy Consumers Will Purchase New Energy-Related Products and Services from Utilities and Their Affiliates, Opening Up New Revenue Streams
IDC FutureScape: Worldwide Utilities 2016 Predictions
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By 2018, 70% of Utilities Will Have Launched Major Digital Transformation Initiatives That Address at Least One of These Three Areas: Omni-Experience, Operating Model, or Information
IDC FutureScape: Worldwide Utilities 2016 Predictions
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In 2016, 70% of Utilities Will Need to Externally Source Talent from the Ecosystem to Make Use of Advanced Analytics, Cognitive Systems, Cloud, and Cybersecurity
IDC FutureScape: Worldwide Utilities 2016 Predictions
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In 2019, 50% of Utilities Will Spend 5% or More of Their Capex on Operational Technologies and the Internet of Things (IoT) to Optimize Distributed Energy Resources, Field Services, and Asset Operations
IDC FutureScape: Worldwide Utilities 2016 Predictions
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By 2017, Forced by Extreme Weather Events, 75% of Utilities Will Make New IT Investments to Predict Outages, Reduce Their Duration by 5%–10%, and Improve Customer Communications
IDC FutureScape: Worldwide Utilities 2016 Predictions
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By 2018, 80% of Generation and/or Transmission Companies Will Require Real-Time Visibility and Rapid Prediction of Demand Fluctuations to Protect Themselves Against Price Volatility
IDC FutureScape: Worldwide Utilities 2016 Predictions
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IDC FutureScape: Worldwide Utilities 2016 Predictions
In 2016, 30% of Utilities Will Leverage Digital Twins for Asset Design, Construction, Operation, Maintenance, and Decommissioning
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References
- Predicts 2015: Upstream Oil and Gas CIOs Must Prepare for Data-Driven Optimization
- Will Oil Production Fall Off A Cliff?
- Industry Top Predicts 2016: The Technology Foundation for Digital Business Will Accelerate Industry Fluidity
- IDC FutureScape: Worldwide Oil and Gas 2016 Predictions
- 2016 Predictions for the Oil and Gas Industry
- Five Possible Surprises In Energy
- Electric Utility Trends And Predictions
- IDC FutureScape: Worldwide Utilities 2016 Predictions