Equinor Asa

Equinor ASA (Equinor) has been focusing on using artificial intelligence, cloud, big data, and Internet of Things (IoT) to digitally transform its operations. The annual ICT spending of Equinor was estimated at $1.1 billion for 2023. The Equinor Digital Transformation Strategies report will act as a reference point to understand a company/competitor’s digital strategy. It will also help in understanding the digital preparedness of the company against its peers. Equinor gathers huge volumes of real-time operational data generated through sensors installed in its oil wells, and other connected machine-to-machine data. Equinor uses data analytics and machine learning to analyze operational, subsurface, and supplier data to derive critical insights that can help it improve its operations, tap new opportunities, and reduce costs.