Steve Senterfit, vice president of commercial energy sector at Booz Allen Hamilton, believes energy production would become “more complex” amid increasing demand, competition and risks.
Senterfit said Wednesday companies should consolidate strategies “to capitalize on new techniques, better insights and more innovative ways of approaching their business, suppliers, and employees.”
He called on energy firms to “understand this new landscape in order to protect and optimize their full spectrum of assets, investments and operations.”
Booz Allen also predicts the energy sector would become “the greatest target” of cyber attacks in 2015″ and urges companies to develop proactive threat detection.
The management and consulting company also forecasts capital investments, health, safety and environment to integrate predictive models in the next year.
Some companies could see skills shortages in 2015 due to “a major demographic shift within the energy industry,” according to Booz Allen.