Data Is the New Oil : From Lenses Of Oil & Gas Industry

Yes, times are difficult but that's what opportunity seekers make the best out of. This pandemic has resulted in a lot of unexpected changes. Most of us don't have a plan anymore because it seems hard to believe when and how our lives would resume. What will the new normal be? Is it ever getting back to the same? Will I ever be able to live my good old life again? How will demand for skills change in near future? What shall we do to maximize the gain from this slow-paced life? With so many questions in their mind, I had an opportunity to talk to a wonderful group of audience in a webinar organized by EAGE RGPIT SC. When I asked them "What is in your mind?" 

This was their response. People are worried about their careers. With fancy data lingos, everyone is seeking to learn more about them and trying to prepare for a secured tomorrow. Data science has become more and more popular over the last decade. Being a data scientist is now a software engineer of yesterday. Everyone is trying to explore this domain but the future with only this is dicey. You never know if this will still be valuable tomorrow. The best part of this is the fact that it can be pursued independently of your core expertise. You can be from any background and still possess eyes for making sense out of data. My purpose of this talk was to introduce student community to a few real industry examples of the application of digitalization and ensuring that they understand that in order to make maximum value out of available data it's important that we see data science as a behaviour and not a skill. We need to create a mindset where skills to analyze data are with everyone, and they go along with a proper understanding of the processes. This needs a change in the curriculum when more and more of such ideas are fed since the beginning like any other subjects we study. I hope it was a useful session. I will be happy to take up more unanswered queries here if any.