OMV’s digital journey
Innovation and technology are a powerful engine that drives and enables sustainability. Digitalization presents us with opportunities to harvest value from connecting data sources across the Company and even beyond the Company. This, in turn, helps us deal with the higher business complexity and increased expectation levels of customers and other stakeholders. Data centralization and advanced analytics help make sense of production and logistical data to steer our production to higher yields, higher quality, and reduced losses. Customer data help us offer the best possible service to our customers. We believe both digital and technical innovation are vital for reducing both the environmental impact of our business and our carbon intensity, as innovation often means better asset utilization and process efficiencies as well as improved maintenance and early anomaly detection. It leads to optimized workloads and better business results and improves environmental and social performance. OMV’s Digital Journey is our program to achieve these goals and pave the way toward digital leadership. It is composed of synergetic and orchestrated initiatives across the entire Group: Upstream, Downstream, and Corporate. OMV’s digital ambition is to become a digital leader in core areas by adopting the latest digital technologies, such as the Industrial Internet of Things (IIoT), intelligent automation, machine learning, and video analytics.
Digital transformation at OMV is much more than applying and scaling technology – it is also about people and culture. Creating a digital mindset, building digital skills, and reshaping the talent landscape are essential parts of our Digital Journey. All of this is implemented using design thinking and agile ways of working and in close collaboration with technology partners, universities, and start-ups.
Three signposts guide OMV’s Digital Journey:
DIGITALIZE!
Creating business agility through smart investment choices that focus on highest impact on business and HSSE priorities.
ACT!
Committed to develop an empowered, collaborative learning culture that enables each employee to help shape the energy future. Innovating at speed and scale by creating environments receptive to innovation and fostering an organization, skills, and mindset that are adaptive to digitalization while boosting internal innovation development efforts through open innovation methods and agile ways of working.
ENABLE!
Common digital platforms forming the backbone of our digital core that enables us to break down data silos and use data across the Group. Applying technologies like SAP S/4HANA, cybersecurity, the cloud, hybrid integration, analytics, and data platforms builds a basis for increasing efficiency and enabling new business models.
While all three pillars are interconnected, the DIGITALIZE stream focuses more on the technology aspects, the ENABLE stream focuses on breaking data silos, and the ACT part specifically addresses our people skills and ways of working.