The Oil & Gas vertical has been traditionally known for its change in prices and demand along with the ever-changing technology landscapes. Further, emerging technology trends like big data, cloud computing and artificial intelligence have been known to influence the O&G organizations towards a digitalized tomorrow. Our Value Addition - Karthic Labs is a frontrunner in helping organizations to adopt a digitalized approach to address aforementioned issues. We are known to cut the IT costs through analytics, integrations, our best-in-class approaches and solutions clubbed with EHS, sustainability and environment to build a matured practice which caters specifically towards the O&G sector. With the help of our defined and disciplined process, we help customers in a smart way buy by unlocking revenue opportunities and improve operational effectiveness.
The new market dynamics, characterized by prices that are still relatively low, and an increased preference for sustainable energy resources, has made it difficult for O&G companies to operate profitably across the industry value chain. They must now identify their core strengths and specialize in those activities, while streamlining the underlying processes and minimizing operational costs. Digital technologies can play a key role in this endeavor.