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Taking a Look at the Future of Oil and Gas Industry

Strategy Driven

Activists and politicians demand the modernization of energy production, supply, and consumption. In the meantime, alternative sources of energy, such as solar and wind, are surging. Figures there and elsewhere suggest they are the fastest-growing energy option on the globe. Renewable technology is gaining ground left and right.

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What's Next When Offshoring Isn't so Cheap?

Harvard Business Review

Over the last decade, offshore manufacturing seemed like a no-brainer. Falling trade barriers, inexpensive energy and low transport charges further strengthened the case for making products overseas. Offshoring isn't going away, but companies will have to be smarter about it. Outsourcing must be part of a larger global strategy.

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Big Data and Big Oil: GE’s Systems and Sensors Drive Efficiencies for BP

Harvard Business Review

With energy demands rising and reserves of oil and gas becoming more challenging to access, the productivity revolution promoted by the Industrial Internet is of vital importance to the oil and gas sector. This is sponsor content – insight from GE. trillion of relevant sectors.

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Oil’s Boom-and-Bust Cycle May Be Over. Here’s Why

Harvard Business Review

In November, United States’ crude oil production exceeded 10 million barrels per day for the first time since 1970, according to the US Energy Information Administration (EIA). The recent price swings highlight a new era of uncertainty gripping the world’s energy markets. hbr staff/bettmann/Getty Images. The soaring U.S.

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Emerging-Market Engineers Power Global Innovation

Harvard Business Review

We estimate that tens of thousands of engineers and scientists working for top innovators are actually located in their offshore technical centers in the BRIC countries (Brazil, Russia, India, and China); these are often called "captive" R&D centers or offshore R&D locations. Offshore Outsourced Product Development.

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Should Companies Retain "Strategic" Cash?

Harvard Business Review

To enhance financial flexibility, companies have been retaining unprecedented amounts of cash on their balance sheets, calling it "strategic" cash to distinguish it from the "operating" cash that is needed to run the business. Barring a tax holiday, this cash is effectively "trapped" offshore. Facilitate Acquisitions.

Company 13
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How Industrial Systems Are Turning into Digital Services

Harvard Business Review

Yet even though SKF has a century-long track record of keeping the wheels of industry turning, this new vision of bearings with brains by no means assures that SKF will prosper in the changeover in technology represented by the internet of things, in which every conceivable object can become a node on the net. Insight Center.