Gartner says the Real-time Enterprise is all about using up-to-date information, getting rid of delays, and using speed for competitive advantage. If you Google this term, you will retrieve an abundance of information about what a “Real-time Enterprise” is. But what does the Real-time Enterprise really mean, how can it be achieved and what is the role for strategic partners in helping an organization become a Real-time Enterprise?
The concept of a Real-time Enterprise is rapidly gaining attention in the oil & gas industry. Most of the larger companies are moving from the conceptual phase to projects that are creating business value and transforming traditional operations. However, there is still some uncertainty about how to move forward on a broad scale. As a result, many organizations experience resistance that can significantly delay the implementation of these concepts. This presentation will look at Chevron’s journey towards a Real-time Enterprise. It will discuss both the technological and change management challenges that Chevron is facing in its upstream business and how it is dealing with them.
As the fifth-largest integrated energy company in the world, Chevron conducts business in approximately 180 countries and is engaged in every aspect of the oil and natural gas industry, including exploration and production; refining, marketing and transportation; chemicals manufacturing and sales; and power generation.
Mike Reddy is currently the CIO for Chevron International Exploration & Production Company based in San Ramon, California. Mr. Reddy receiveda Bachelor’s Degree in Geology from the University of Massachusetts in 1975 and a Master’s Degree in Geophysics from Boston College in 1979. He started his career with Chevron in Houston in 1979 as a Geophysicist for Chevron Exploration & Production Services Company. He has worked in various technical and management positions with Chevron in Houston, Calgary, Midland, London, and San Ramon. His assignment prior to becoming CIO was as the Global Infrastructure Design Manager with responsibility for standardizing Chevron’s global infrastructure (desktops, servers, network, security, etc.) at the time of the merger with Texaco. His responsibilities as CIO for Chevron International E&Pinclude setting the strategic agenda for information technology for a company that has 17,000+ employees operating in nine Business Units spanning more than 30 countries.