Oil & Gas Innovation

"Vertical progress is harder to imagine because it requires doing something nobody else has ever done. If you take one typewriter and build 100, you have made horizontal progress. If you have a typewriter and build a word processor, you have made vertical progress.” - Peter Thiel.

 

My question to my Oil & Gas colleagues. With the current Artificial Intelligence / Machine Learning, Big Data and IIoT projects. 

 

Is the industry making vertical or horizontal (no pun intended) progress?

 

#bigdata hashtag#machinelearning hashtag#artificialintelligence hashtag#innovation hashtag#oilandgas hashtag#shalegas hashtag#fracking hashtag#predictiveanalytics hashtag#iiot hashtag#neuralnetworks hashtag#energy hashtag#startup hashtag#permianbasin hashtag#eagleford hashtag#bakken 

 

Society of Petroleum Engineers International