Chevron Corporation: Enterprise Tech Ecosystem Series

2020-05-21
Price :
Published : May-2020
No. of Pages : 25

Chevron Corporation: Enterprise Tech Ecosystem Series

Summary

Chevron gathers real-time information on its operations through sensors installed in its oil wells and capturing other machine-to-machine data. Since 2017, the company has deployed millions of sensors across its global facilities.

Chevron is enabling real time information analysis using various digital technologies to improve quality and speed of its decision making.

Chevron has employed various risk management processes to mitigate business risks related to operations, finances, commodity pricing forecasts, project approvals, geopolitical, legislative, and data security.

Chevron has enabled fully automated drilling operations and inspection of pipelines. It is also investing in robotic process automation (RPA) and deployed many RPA bots to automate tasks.

The report provides information and insights into Chevron’s technology activities, including –
– Insights of its digital transformation strategies, innovation programs and R&D labs
– Overview of technology initiatives covering strategic partnerships and product launches
– Details of investments in companies providing innovative solutions
– Insights on each technology initiative including technology theme, objective, and benefits
– Details of estimated ICT budgets and major ICT contracts

Scope

– Chevron uses seismic imaging to run 3-D surveys and capture subsurface geology data for accelerating discovery of oil and gas.
– The key technology themes under focus for Chevron are 3D printing, augmented reality, artificial intelligence, big data, blockchain, cybersecurity, electric vehicles, industrial internet, IoT, machine learning, robotics, smart contracts, and virtual reality.
– Chevron partnered and invested mainly in companies which would enable it to employ sustainable technology solutions that optimize operational procedures from exploration to production stages.

Reasons to Buy

– Gain insights into Chevron’s technology operations.
– Gain insights into its tech strategies and innovation initiatives.
– Gain insights into its technology themes under focus.
– Gain insights into various product launches, partnerships and investments of Chevron.

Filed in: Information Technology
Publisher : GlobalData
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