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Leveraging Emerging Digital Technology at BP¹
Executive Summary
This case study is part of a series of columns from the Advanced Practices Council (APC) of the Society for Information Management (SIM). SIM's APC is an exclusive forum for senior IT executives who value directing and applying pragmatic research, exploring emerging IT issues in depth, and learning different, global perspectives from colleagues in other industries.
This APC Forum presents the thoughts of P. P. Darukhanavala (Daru), CTO of BP. He shared his company's digital technology scanning practices with his fellow APC members at a recent APC meeting. In particular, this Forum describes the work of the digital technology scanning team that Daru created at BP.
| Phiroz Darukhanavala (Daru), VP and Chief Technology Officer, BP |
BP |
Heads a team responsible for matching external technology innovations to BP's business requirements.
| One of the world's largest energy companies, providing customers with fuel for transportation, energy for heat and light, retail services, and petrochemicals products for everyday items.
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Received his Ph.D. and M.S. in Operations Research from Case Western, Cleveland, and B. Tech from the Indian Institute of Technology, Mumbai. | Founded: 1909
| | Headquarters: London, United Kingdom
| | 2006 revenues: $274 billion
| | 97,000 employees
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At BP, IT is not seen as just a service or function. It is seen as an activity that can transform the business. As BP's CTO, Daru recognized his role in helping his business colleagues use digital innovation to gain and sustain competitive advantage.
Daru created a digital technology scanning team in IT and charged it with identifying the best sources of relevant and cost-effective digital technology to meet the needs of BP's business units, which are in over 100 countries across six continents. The team's goal is to identify truly significant opportunities for BP.
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