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Improve safety using root cause analysis and strengthening information management

OpenText Information Management

The energy and resources sector including utilities, oil and gas, chemicals, and metals & mining is one of the most hazardous in the world. For example, 2023 had one of the lowest property damage losses for the hydrocarbon industry. far below the average for all industries at 3.0. Also, according to the U.S.

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Energy industry 2021 predictions

OpenText Information Management

2020 sent shock waves across oil and gas, utilities and mining organizations, creating dramatic shifts in supply and demand, revenue streams and productivity. Mining companies, meanwhile, are … The post Energy industry 2021 predictions appeared first on OpenText Blogs.

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Energy insights from Davos 2025 – safeguarding the planet

OpenText Information Management

The theme explores, how can we catalyze energy, climate and nature action through innovative partnerships, increased financing and the deployment of frontier technologies. Each of these industries will need to reimagine what information can do to elevate human potential across their organizations and business ecosystems.

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Top 5 tech predictions for the energy and resources sector in 2025

OpenText Information Management

The energy and resources sector is undergoing a profound transformation driven by the global push toward sustainability, energy technological advancements, geopolitical risks, and increasing regulatory pressures in some areas of the world. Every digital fabric has horizontal and vertical digital threads. Digital twins are no different.

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Digital twins reimagined at scale for energy and resources 

OpenText Information Management

1 The ratio between man and machine All industries use machines, yet the energy and resources sector including utilities , oil and gas , chemicals , and metals & mining industries is the most capital intensive. In comparison, all other industries average $200,000 of gross PP&E per employee.

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Supply chain visibility in the energy and utilities industry

IBM Big Data Hub

For the energy and utilities industry (E&U), time is not on their side. Facts about the energy and utilities industry Transformer prices have doubled, while the average lead time for delivery has at least tripled from what it was two years earlier, reaching 52 weeks in some cases. Visibility.

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Information reimagined for the energy industry 

OpenText Information Management

The energy industry as we know it is changing. 1 This massive growth in population will bring with it increased energy demands – and it is only one generation away! 1 This massive growth in population will bring with it increased energy demands – and it is only one generation away! Are you ready to take action?