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Accelerating Innovation in Energy



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Accelerating Innovation in Energy

  1. 1. Copyright © 2021 Accenture. All rights reserved. 1 Accelerating Innovation in Energy How Accenture is Driving Digital Transformation with OSDU Copyright © 2021 Accenture. All rights reserved.
  2. 2. Copyright © 2021 Accenture. All rights reserved. Over the last few decades, the challenges in the oil and gas industry have Technology evolved at unprecedented rates, becoming cheaper, more accessible and highly intelligent. Data exploded – in volume, velocity and veracity – which necessitated new ways to manage, understand and leverage its power. Global attitudes shifted to prioritize decarbonization and renewable and sustainable forms of energy. increased in quantity and complexity. Do more with less – Cost focus combined with loss of capability requires knowledge capture. Collaborate – Industry moves away from a ‘go-it-alone’ perspective to form a collaborative approach.
  3. 3. Copyright © 2021 Accenture. All rights reserved. At its best, data is an efficient and deeply-trusted asset, easily accessed and frequently leveraged by all users, that reveals insights and informs decision making to drive stronger value capture from existing assets and operations. Data is often a highly underutilized asset because of the significant individual and corporate investment required to address legacy issues and establish and maintain a data foundation. Motivated by both the problem and the opportunity, the industry committed to prioritize the data foundation challenge together. Innovation and Digital Transformation requires a solid Data Foundation percentage points improvement in return on capital employed (ROCE). 5 to 15
  4. 4. Copyright © 2021 Accenture. All rights reserved. Thus, The Open Group OSDUTM Forum was founded. The industry-wide consortium delivers an open-sourced, cloud-focused and technology-agnostic data platform that provides individual companies the cornerstone for analytics, advanced computing and digital transformation. To maximize adoption and confidence in the platform, OSDU ensures that data is trusted, available and discoverable by users and scalable by vendor solutions and applications through seamless integrations.
  5. 5. Copyright © 2021 Accenture. All rights reserved. 5 OSDU Kickstarts Digital Transformation. Together, these benefits produced by collaborations within and beyond the industry will propel cross-functional creativity and will facilitate collisions that foster innovation. By standardizing a common data platform across the industry, By bringing data into one location, the OSDU Data Platform will reduce costs, remove data silos across the industry and enable innovation. Driving innovation by integrating digital technology and utilizing open standards for better decision making, imperative for meeting energy demands whilst reducing emissions.
  6. 6. Copyright © 2021 Accenture. All rights reserved. The OSDU Data Platform is a critical piece of a complex puzzle that sets the foundation for End to End Digital Transformation. 6 Copyright © 2021 Accenture. All rights reserved. But fitting these pieces together across end-to-end workflows, while connecting data to value-driven outcomes, is not as straightforward as it seems. However, it is essential to design an integrated, end-to- end environment that fully empowers and leverages OSDU: from migration to cloud, careful consideration of analytics applications and ultimate adoption of data in the business. As these individual pieces connect throughout the ecosystem, they not only amplify the value of your data but also bring the elements of digital transformation to life. You may have a clear strategy and robust understanding of where you must deliver the greatest business value, and you may appreciate that OSDU will enable this value delivery.
  7. 7. Copyright © 2021 Accenture. All rights reserved. Accenture will help you Together, we co-create a clear vision of your desired future state, connect and integrate your existing technology with new solutions and arrange your holistic digital transformation piece by piece. Solve this Puzzle. We understand that every company has a different strategy, some are focused on value from existing assets, others rotating to new business and all companies will have unique challenges.
  8. 8. Copyright © 2021 Accenture. All rights reserved. As system integration experts, we connect data, technology and people to drive greater technical, operational and business performance. As industry leaders, we are credible advisors with deep industry experience in engineering, geoscience and data science, with world class and trusted data, digital transformation and innovation expertise. As champions of change, we celebrate and accelerate innovation to solve tomorrow’s challenges, like optimized asset performance and reduced environmental impact, today. And as your Trusted Partner, we come together to deliver comprehensive digital transformation for you. Best in class ecosystem, bringing together deep relationships with Cloud, OFS and specialised ISVs for every key part of the journey.
  9. 9. Copyright © 2021 Accenture. All rights reserved. Maximize your investment in OSDU™. Adoption Trustworthy Data Foundation Data Insights through Applications Business Outcomes Alongside our deep oil and gas expertise, our business and technology strategy, integration, implementation and scaling competencies enable us to drive complete digital transformation and value capture across your organization, from beginning to end. Our end-to-end services will help you Data /cloud Strategy Data Governance IDF/ Data Ingestion /Migration OSDU Platform Deploy Data Visualization & Reporting Connections to Partners Top Layer UI Core App Management & Migration Assess OSDU Readiness, data strategy, change management. People & Behaviors OSDU MSP Custom App Design & Development We create application strategies and deliver application solutions. We define global deployment roadmaps and provide both launch and ongoing business support. Strategize Implement Scale Shape Strategize Implement Scale Shape We develop an ecosystem transition plan as we manage and migrate your data, applications and connections to the OSDU environment. We drive end-user upskilling and adoption to ensure data delivers tangible business value. Our OSDU Service Offerings Integrate End-to-End Readiness Assessments Connect to other data platforms Connections to Partners and new markets AI / ML Security
  10. 10. Copyright © 2021 Accenture. All rights reserved. Adoption testing Pilots with scale in mind Change Management Re-imagine Workflows Value Mapping Application Design & Build Solve your data challenges. How might we… best initiate, manage and maintain data ingestion? Discover, connect, and extract data. Data type mapping and rules engine; eg establish a robust Data Foundation How might we… optimize the use, benefit and value of data in the business? New business workflows and applications and analytics made possible by liberating data are only valuable with clean, trusted data; – eg improved upstream asset performance Discover Data Ingestion Accelerators Data Governance We connect our comprehensive capabilities to How might we… pivot to implementing and adopting OSDU as our data platform? Develop a strategy and transition plan, identifying I.P to retain and compliment with open source system of records; - eg an OSDU readiness assessment How might we… migrate and integrate our applications and other platforms with OSDU? Connect IoT platforms, supply chain and ERP systems to the OSDU data platform, utilize knowledge graphs to bridge the platforms; - eg end-end carbon management Front & Back office integration Integrate Emissions Knowledge Graph
  11. 11. Copyright © 2021 Accenture. All rights reserved. We tailor our end-to-end capabilities, powerful accelerators and diverse collaborator ecosystem to discover, co-create and deliver fit for purpose and high-value solutions for you. Whether you’re just beginning your journey to cloud or already active in the reinvention of the energy industry, we follow five fundamental steps to achieve your innovative ambitions. As strategic partners invested in your success… Understand the challenge and identify the missing pieces 1. Discover Ex: Assess current state of data issues, user requirements and business goals through user and business research Build the framework and execute at scale 4. Scale Ex: Deploy full migration of data and apps to OSDU, monitor for improvements needed and promote user adoption Envision the completed picture 2. Describe Ex: Establish transformational vision & detailed roadmap for application strategy and to migrate applications to OSDU environment Collaborate to progress quickly and iterate as we go 3. Co-Create Ex: Identify and/or create the appropriate assets and automation tools, and test with business users to incorporate feedback and ensure feasibility Sustain performance with agility and improvement 5. Sustain Ex: Continue to monitor value realized and evaluate next steps in your digital transformation to scale value
  12. 12. Copyright © 2021 Accenture. All rights reserved. We deliver quantifiable impact and qualitative benefits for your IT and business organizations. Adoption Data Foundation Data Insights through Applications Business Outcomes Data Strategy Understand the impact on current data architecture and pipelines Business Justification Understand the value and use case enablement Cloud Strategy Consider cloud options and choices evaluated and aligned to enterprise-wide needs Managed Platform Operate with confidence in that you can rely on Accenture’s vast experience in providing MSP services Quality Data Work with well-structured, trustworthy and accessible data that empowers business users through better and accelerated decision making Data Migration Migrate and deliver data to the Platform based on business priorities and considering unique considerations such as residency Data Strategy and Governance Establish appropriate business process and capabilities for data management Data Visualizations Real-time analysis and insights enable agile decision- making and accelerate time to value for drilling and well activities Unique Applications Accenture’s proprietary Production Optimizer, Production Asset Manager, Well Management Tool and X-Carbon applications utilizing advance analytics to deliver greater visibility into your operations and value to your business Analytics & Knowledge Discover your data and deliver insights through AI/ML Application Strategy Integrate the applications that best align to your business needs and access a wider range of 3rd party innovative solutions Efficient workflows Improved data flows result in improved business workflows with increased user productivity Optimized Assets Superior margins and improved end- to-end carbon management delivered through an Enterprise Digital Twin Differentiation through Innovation Employees are freed to pursue innovative activities to differentiate from the competition
  13. 13. Copyright © 2021 Accenture. All rights reserved. Our core ways of working reinforce Our Commitment to You. Focus on Value Our entire approach is value driven. We will help you navigate the path to deliver value from your data, by assisting your IT organization and enabling business users. We deliver positive impact both in the short and long term and focus on creating value every step of the way. Create Together We build multidisciplinary teams that includes deep domain and industry experts, users, and stakeholders from your team, Accenture and our partners. This crucially brings diverse perspectives and skills to discover, create and embed more innovative solutions. Connect to Collective Purpose We will help break down individual silos; we all align on the challenge and vision to build a greater connection to the purpose of becoming a digitally transformed energy company. Innovate to Disrupt With a solid Data Foundation and Platform enabled, we will help you take a bold approach of re- imagining your business to think beyond the conventional.
  14. 14. Copyright © 2021 Accenture. All rights reserved. Ready to put all the pieces together? Our OSDU experts are excited to help solve your most challenging puzzles. Contact our team or visit our website to see what Accenture can do for you. Emma Wild Global OSDU Lead Paul Hodson Lead OSDU SME Vivek Chidambaram Industry Solutions Lead 14 Copyright © 2021 Accenture. All rights reserved.