A common complaint in the Oil and Gas industry is that there is “too much of data and there is not enough information”. Leading Oil and Gas companies are now recognizing that valuable information is available yet remains untapped. The volume of data has been ever increasing. Concepts of digital oil field, new technologies and ubiquitous availability of broadband have added to the volume, variety and velocity of data.
As volatile oil prices prompt the search for additional savings, more companies are looking to manage their logistics and business travel as a single process through a single provider. A streamlined process allows for easier reporting, both for internal tracking purposes and for reporting activity based on local regulations, a tricky task when managing crew rotations in manual spreadsheets.
The challenges faced by Oil & Gas companies in efficiently managing people logistics to various parts of the globe to support their operations are many. Different companies try to tackle the challenges in the industry differently.
Some online players are increasingly recognizing the role of the retail agency as an important channel for travel bookings. Agency bookings now constitute a significant percentage of the bookings done on supplier direct websites and there is an increasing discovery of the value a retail travel agency can bring albeit a different sort of value from its traditional value offering.
With hotels now considered as offices instead of a “home away from home” and millennial customers more likely to use a mobile device for making travel arrangements, hotels and travel providers have to think innovatively to respond to the increasing demands from mobile travelers.