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Op-ed: What Oil Producers Need to Do to Stay Relevant

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Ideas that lead to innovation

Legacy energy companies are enacting sweeping business changes to keep up with evolving energy demands. Several major factors are affecting those changing demands. First, growing public attention toward climate change is pressuring companies to adopt cleaner, more efficient practices. Second, the plummeting cost of alternative energy sources and increasing government regulation of carbon emissions are pushing companies to embrace new energy solutions. Third, competition in the industry has increased greatly, with an influx of startups developing alternative and innovative solutions. It’s an entirely different landscape from even a decade ago.

Read the full article by Derrick Bowen on Hart Energy.

By Derrick Bowen
Principal
Derrick leads Cloud-first Software Development, Customer Experience, and Strategy projects with a focus on tackling bold ideas as incremental improvements.
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