166: Integrating digital transformation into your business

Steve Darnell discusses digital transformation in the oil and gas industry, highlighted in September's The Leading Edge. Complemented by large volumes of usable data, the evolution of computational hardware and software creates new opportunities for technological innovation in the energy industry. Digital transformation adopts existing technologies (such as cloud services) and develops new technologies (such as machine learning applications) that improve business processes. In this conversation with host Andrew Geary, Steve Darnell discusses how digital transformation improves business processes in-depth. He emphasizes the importance of cybersecurity, how to start the digitalization process, and highlights the common obstacles companies face when embracing digital transformation. He also comments on the common misperceptions and the hidden benefits of embracing digital advancements. This conversation on digital transformation connects to all parts of the oil and gas workflow and showcases the value proposition for companies. Steve Darnell is the President and CEO of Katalyst Data Management. Listen to the full archive at https://seg.org/podcast. RELATED LINKS * Vladimir Kazei and Mita Sengupta, (2022), "Introduction to this special section: Digital transformation," The Leading Edge 41: 590–590. (https://doi.org/10.1190/tle41090590.1) * Read the September 2022 special section: Digital transformation (https://library.seg.org/toc/leedff/41/9) Subscribers can read the full articles at https://library.seg.org/, and abstracts are always free. SPONSOR Geophysical Insights sponsors this episode. Change your tools, change your world. Machine learning technology is accelerating interpretation workflows and yielding new insights in seismic and well data. Check out the guided workflows on the Paradise® AI workbench, including Stratigraphic Analysis, automatic Fault Detection, Attribute Generation and Selection, and Seismic Facies Classification, to name a few. Paradise is available on-premises or in the cloud. Visit https://geoinsights.com/products to get better tools. CREDITS SEG produces Seismic Soundoff to benefit its members and the scientific community and to inform the public on the value of geophysics. To show your support for the show, please leave a 5-star rating on Apple Podcasts and Spotify. It takes less than five seconds to leave a 5-star rating and is the number one action you can take to show your appreciation for this free resource. And follow the podcast while you are on the app to be notified when each new episode releases. Original music created by Zach Bridges. Andrew Geary hosted, edited, and produced this episode for 51 features, LLC. Thank you to the SEG podcast team: Jennifer Cobb, Kathy Gamble, and Ally McGinnis.