Business within the energy industry is evolving. Achieving sustainable profitability is vital to that evolution. As the “new normal” unfolds in the oil and gas industry, organizations are focusing on being more agile by harnessing efficiencies to drive profitability on the horizon. Businesses are striving to drive proficiencies in both front- and back-office operations while navigating what that looks like in terms of SAP support. To succeed at this digital turning point, oil and gas companies need to design and implement a coherent digital vision with clearly articulated strategies.
Eventful Conferences recently completed an extensive customer-centric research project in support of the upcoming Best Practices for Oil & Gas Conference, North America’s leading industry event for organizations using SAP. The goal was to uncover the top business challenges and priorities for the industry as they relate to people, process and technology, and global oil and gas trends. We interviewed 60+ individuals from a wide variety of oil and gas organizations including top IT leadership and business process owners in supply chain, finance, procurement, operations and business analytics. In addition, SAP and key stakeholders across the value chain shared insights to further develop the research.
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