Extracting value from new technologies

In this interview, Haavard Oestensen discusses the evolving challenges in the energy industry, highlighting the increasing complexity driven by rising costs, energy transition expectations, and geopolitical uncertainties.  

He emphasizes that companies are moving beyond data collection to focus on decision-making quality and business value. Oestensen argues that digital technologies, particularly AI and digital twins, can help companies improve performance by automating routine tasks and freeing up human capacity for more complex problem-solving. He stresses the importance of collaborative ecosystems and partnerships in driving digital innovation.  

The key message is that the future of the energy industry lies in strategic digital transformation, AI-powered decision-making, and a focus on generating tangible business value through technological integration.