Behind Oil Profits: A Look At ExxonMobil's Technology Alignment
By CIOinsight | Posted 05-02-2006
Rocketing oil prices are driving the nation's big oil companies to record profits, but even among this powerful group, one stands out: ExxonMobil.
No company seems clearer about itself and its mission. Exxon uses its financial might to invest heavily in applications that give it an edge in finding increasingly harder-to-reach oil and gas deposits.
At the same time, it also ensures its technology is tightly aligned with its two primary goals: finding more oil and gas, and generating more profits from operations.
Here's the story of how this well-oiled machine consistently outperforms its peers.
Story Guide:
Straight shooter: CEO Rex Tillerson Doesn't Play Games Big Oil's Big Challenge
R&D Like Launching a 'Moon Shot' Every Decade
Exxon's Balanced Methodology
Virtual Drilling: Exxon's Technology Edge
Business Intelligence Guides Exploitation of Oil Resources
Oil in the DNA: The Exxon Culture
ExxonMobil Base Case
The Technology of Oil Exploration
Context:
How Big Oil Uses XML
Roadblock: Getting Oil Business Managers on Board
Gotcha: Don't Let Grid Computing Trip You
Vendor Profile: A Look at IBM's Supercomputers and the Oil Business
No company seems clearer about itself and its mission. Exxon uses its financial might to invest heavily in applications that give it an edge in finding increasingly harder-to-reach oil and gas deposits.
At the same time, it also ensures its technology is tightly aligned with its two primary goals: finding more oil and gas, and generating more profits from operations.
Here's the story of how this well-oiled machine consistently outperforms its peers.
Story Guide:
Straight shooter: CEO Rex Tillerson Doesn't Play Games
Context:
