- Ravi Krishnaswamy
Historically energy industry has been good at reinventing itself and at deploying new technologies. Recent examples include advances in unconventional oil/gas production, ultradeepwater development, and rapid decline in solar PV costs. More recently, the energy industry has been quick to embrace a wide spectrum of digital technologies. Some have argued that the pandemic has accelerated the pace of innovation and scale of deployment. However, as the energy sector transitions to new fuels and technologies, problems will get more complex and data more ubiquitous. How has the pandemic affected this trend? Has digital transformation in a post-COVID world moved from a luxury to a necessity? Where is the industry heading and what does this mean for operators and the service sector? How will digital technologies enable industry to meet sustainability and net-zero goals?