Airline operations controllers worldwide discuss about "Situational Awareness", but in their daily operations they insist on "seeing it all“ before taking a decision. The question really is - Is this a good approach?
Trends and insights that shape the industry
White Papers
2016 was a challenging year for the Oil & Gas industry. Rampant supply, a weakening global demand, the slowing economic growth around the world were a few factors leading to the woes seen. However, these challenges for the industry present some excellent opportunities. Innovation has never been more critical in the oil and gas industry. The writing on the wall is clear; companies must innovate, or perish!
An Operations Control Center (OCC) manages several complex aspects of airline operations, such as the expensive fleet of modern and old aircraft, large number of crew members, detailed maintenance cycles, optimization of fuel burn, ATC communications, airport slots and so much more. Unfortunately, most OCCs are powered by legacy IT systems that might result in airlines running a high risk of frequent and often expensive disruption in their services. The good news is, Modern IT systems with ‘Situational Awareness’, take a different path. By displaying only the relevant information, they reduce screen complexity, thus enabling users to understand the situation better and take the most appropriate decision.
Pharma logistics today is about the safe and secure transportation of pharmaceuticals from production to consumption while ensuring that integrity of product is not compromised. However, with increasing complexity of the global pharma supply chain to meet the increasing spend in healthcare sector, regulatory requirements surrounding transportation of temperature controlled pharma will become increasingly stricter and wider in scope and reach.
Some online players are increasingly recognizing the role of the retail agency as an important channel for travel bookings. Agency bookings now constitute a significant percentage of the bookings done on supplier direct websites and there is an increasing discovery of the value a retail travel agency can bring albeit a different sort of value from its traditional value offering.
With hotels now considered as offices instead of a “home away from home” and millennial customers more likely to use a mobile device for making travel arrangements, hotels and travel providers have to think innovatively to respond to the increasing demands from mobile travelers.
The challenges faced by Oil & Gas companies in efficiently managing people logistics to various parts of the globe to support their operations are many. Different companies try to tackle the challenges in the industry differently.
As volatile oil prices prompt the search for additional savings, more companies are looking to manage their logistics and business travel as a single process through a single provider. A streamlined process allows for easier reporting, both for internal tracking purposes and for reporting activity based on local regulations, a tricky task when managing crew rotations in manual spreadsheets.
A common complaint in the Oil and Gas industry is that there is “too much of data and there is not enough information”. Leading Oil and Gas companies are now recognizing that valuable information is available yet remains untapped. The volume of data has been ever increasing. Concepts of digital oil field, new technologies and ubiquitous availability of broadband have added to the volume, variety and velocity of data.