What’s Next for the Oil and Gas Industry? | Quantzig’s Free Resource Offers Comprehensive Insights into the Challenges Curtailing Operational Excellence
Quantzig, a global data analytics and advisory firm, that delivers actionable analytics solutions to resolve complex business problems announces the completion of its free resource that lists the top challenges facing oil and gas companies.
This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20200529005260/en/
Oil and Gas Industry Challenges (Graphic: Business Wire)
What’s in it for you?
- Learn how leading oil and gas companies are using analytics to improve their decision-making process
- Gain in-depth insights into the challenges facing the oil and gas companies
- Understand how accurate action plans can help oil and gas companies to thrive in the post-pandemic world
The lack of a robust contingency plan is often the major cause of operational failures. Request a FREE proposal to learn how a supply chain overhaul can help you tackle this issue.
In a world where technology and environmental threats are changing industries and key business processes rapidly, factors that curtail growth in the oil and gas industry have come across as critical factors derailing the efforts of oil and gas companies. The oil and gas industry has always been a major contributor to change. The use of oil by the transport industry i.e., half the world oil market and most of its expected growth is being reduced by the growing competition from other industries. This is driven both by the increase in oil prices and by government policies limiting carbon emissions. In such a scenario, key decision-makers must analyze factors curtailing growth and understand how it may affect the future, to explain their strategies clearly and to adapt to new situations as they develop.
The combination of the COVID-19 outbreak, the global supply chain disruption, and a supply glut has generated an unprecedented crisis for the oil and gas industry. Connect with our oil and gas analytics experts to learn more about the impact of the crisis on this industry: https://bit.ly/36EOoKR
According to Quantzig’s supply chain analytics experts, “Leading oil and gas companies are embedding analytics into their key decision-making processes to improve outcomes by tapping into new resources, increasing recovery rates, and reducing environmental impact.”
Oil and Gas Industry Challenges
1: Minimizing costs and increasing visibility into complex operations
2: Optimizing the performance of employees, facilities, and assets
3: Meeting environmental regulations
4: Improving collaboration with oilfield services to improve logistics management capability
5: Maximizing operational excellence by creating a data-driven culture
6: Monitoring key metrics to analyze the effectiveness of operational efforts
7: Analyzing competitive forces
Want to learn more about how we help Oil & Gas Companies? Book a FREE solution demo to gain comprehensive platform insights and personalized solution recommendations.
About Quantzig
Quantzig is a global analytics and advisory firm with offices in the US, UK, Canada, China, and India. For more than 15 years, we have assisted our clients across the globe with end-to-end data modeling capabilities to leverage analytics for prudent decision making. Today, our firm consists of 120+ clients, including 45 Fortune 500 companies. For more information on our engagement policies and pricing plans, visit: https://www.quantzig.com/request-for-proposal
View source version on businesswire.com: https://www.businesswire.com/news/home/20200529005260/en/
