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The Impact of New Communications in the Energy Industry

Actiance, Inc.

The use of instant messaging in the energy industry is widespread, with one source estimating that as much as 60% of trading in the physical power markets is conducted using the technology. Moreover, a Microsoft/Accenture survey found that 34% of oil and gas professionals are collaborating more than they were 12 months earlier, while only 10% are collaborating less. While real-time communications, such as instant messaging, are very useful for traders and others in the energy industry, a failure to monitor and retain them along with other electronic communications can result in substantial penalties and other serious consequences.

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Published:  Jan 15, 2015
Length:  11
Type:  White Paper
Tags : 
communications, energy, real-time communications, collaboration