Public, private, or hybrid? What the upstream oil and gas industry can learn from other sectors about ‘the cloud’

Perrons, Robert K. & Hems, Adam (2012) Public, private, or hybrid? What the upstream oil and gas industry can learn from other sectors about ‘the cloud’. In Abu Dhabi International Petroleum Exhibition and Conference, 11–14 November 2012, Abu Dhabi, United Arab Emirates.

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Despite the compelling case for moving towards cloud computing, the upstream oil & gas industry faces several technical challenges—most notably, a pronounced emphasis on data security, a reliance on extremely large data sets, and significant legacy investments in information technology (IT) infrastructure—that make a full migration to the public cloud difficult at present. Private and hybrid cloud solutions have consequently emerged within the industry to yield as much benefit from cloud-based technologies as possible while working within these constraints. This paper argues, however, that the move to private and hybrid clouds will very likely prove only to be a temporary stepping stone in the industry’s technological evolution. By presenting evidence from other market sectors that have faced similar challenges in their journey to the cloud, we propose that enabling technologies and conditions will probably fall into place in a way that makes the public cloud a far more attractive option for the upstream oil & gas industry in the years ahead. The paper concludes with a discussion about the implications of this projected shift towards the public cloud, and calls for more of the industry’s services to be offered through cloud-based “apps.”

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ID Code: 56519
Item Type: Conference Paper
Refereed: No
Keywords: Upstream Oil & Gas Industry about ., The Cloud, IT
Subjects: Australian and New Zealand Standard Research Classification > COMMERCE MANAGEMENT TOURISM AND SERVICES (150000) > BUSINESS AND MANAGEMENT (150300) > Business Information Systems (150302)
Divisions: Current > QUT Faculties and Divisions > QUT Business School
Current > Schools > School of Management
Copyright Owner: Copyright 2012 [please consult the author]
Deposited On: 21 Jan 2013 03:06
Last Modified: 22 Jan 2013 05:56

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