Defuse These Digital Oil and Gas Time Bombs: There's Still Time

Digital innovations are creating huge value for oil and gas, but digital landscape is setting the industry up for problems down the track.  Think of them as digital time bombs. Quantum computing will expose encrypted data that companies believe is safely protected. Legacy on-premise software is fast becoming difficult and costy to support as investment capital moves elsewhere. And the industry's shrinking talent pipeline will leave companies without enough people, particularly people with the digital skills needed to replace retiring workers. In this episode, I look at four digital time bombs facing oil and gas: decrypting stolen data, hacking live business communications, aging software, and the shrinking talent pool. The exact timing of these problems is uncertain, but that's the nature of a time bomb. Companies that recognize them early still have time to mitigate the impacts, or perhaps defuse them entirely. ⚒️ Additional Tools & Resources: 🎬 Go backstage and check out my studio: 👉 https://geoffreycann.com/mystudio/ 🎓 Take my one day digital strategy training course for oil and gas: 👉 https://www.udemy.com/course/digital-oil-and-gas/?referralCode=0161D4D49AB75735A185 🔗 Connect with Me: 🖥️ Blog series: https://digitaloilgas.substack.com/ 🎧 Podcast: https://geoffreycann.com/broadcast/ 📇 Linkedin: https://www.linkedin.com/in/advocate-digital-innovation-for-energy/ 🤬 X: https://x.com/geoffreycann ⚠️ Disclaimer: The views expressed in this podcast are my own and do not constitute professional advice.