Why innovation is essential

Making changes at an oil and gas company is tough. They’re naturally risk-averse – and for good reason. With so many stakeholders, public relations considerations, and the dangerous nature of the goods themselves, driving innovation is hard. But without innovation, these companies will be left behind.

Risk aversion means it is hard for unwanted changes to affect the business – these companies don’t get involved in things they don’t know. This is important because it makes managing the explosive nature of the product – along with the complicated public image of oil – easier to deal with. But when an oil company does want to innovate, the hurdles designed to protect them only get in their way.

Let’s Get Digital
While innovation through digitization is a challenge in big oil and gas companies, they are recognizing that, if they don’t develop, their aging processes will leave them playing catch up to their forward-thinking competitors.

As individuals, we all live and breathe the digital world. Whether it’s our interconnected devices like phones and watches or how we order our groceries – it’s everywhere. But inspectors in the oil and gas industry still, turn up to sites with a clipboard and a biro and fill out a paper checklist.

The problem with this gap in digital adoption also makes it harder to appeal to young talent in the industry. As a corporate entity, you can’t just be paying the big bucks to your staff, you need to be investing in technology that is going to make them safer, more engaged, and give them more time to focus on delivering their value.

The Falcker Future
All the things that new and existing staff are looking for are part of the Falcker service. We help inspectors do their job with more efficiency and safety.

Using drones to remotely scan tanks and sites means that every inch of a survey is recorded so that it can be checked multiple times. There is no need for revisits because all of the information following the survey is accessible. RFT – Right First Time – is better for cost and safety; every hour a human inspector is off-site is a safe hour.

Because the scans our drones log are so comprehensive, other teams outside of quality and auditing can use them in their own work. Our surveys can be mapped like a street view of a site meaning that Maintenance, Operations, and Projects can all work with on-the-ground information wherever they are.

The ROI of our system is surprisingly fast, and from the first day of implementation, your teams will have a level of information they could only dream of before – all from the comfort and safety of their regular workplace.

While the petroleum industry is risk-averse, all these advancing digital practices actually mitigate risk long term. Because the services we provide are clear and welcomed by the teams they affect, oil companies can use us as an example of how to adopt digitization safely.

Interested in driving your business forward with digital technology? Contact Falcker today.

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