Across the identical time of the discharge, Repsol appointed Juan José Casado Quintero as its new chief digital officer (CDO), one other strategic transfer to digitally remodel and speed up the corporate’s technique to grow to be a data-driven firm.

Casado, who most just lately held the place of Repsol’s chief knowledge officer, is now main the digital program launched within the 2023-2025 framework—a roadmap that emphasizes cutting-edge applied sciences to satisfy its enterprise goals.

Particularly, the competence heart, the primary within the power sector in Europe, will discover the brand new improvement and utility prospects supplied by AI to quicken the transformation of the corporate and obtain the bold aim of zero internet emissions by 2050. With this initiative, the multi-energy firm will analyze new prospects for the event and utility of AI that assist its transformation within the midst of power transitions. 

The goals they intend to attain with the middle embody: figuring out and implementing instances during which the usage of new fashions permit Repsol’s enterprise areas to generate worth and speed up their digital transformation; permitting workers to discover how these instruments will generate new methods of working; and capturing enchancment when it comes to productiveness its utility can result in by growing technological and digital options. To this finish, it would promote the usage of disruptive AI applied sciences similar to massive language fashions or those who permit the technology of pictures, video, audio, or code, amongst others. 

Keys to the brand new venture

Repsol is absolutely conscious of the good transformative potential and disruptive nature of those applied sciences, which is why it’s debating essentially the most appropriate method to deploy them. Because of this, a multidisciplinary working group has been created on the competence heart, whose mission will likely be to ensure the accountable use of AI, making certain safety and regulatory compliance always. To execute this successfully, greater than 50 professionals from the corporate take part, sharing their in depth expertise within the power sector and totally different digital applied sciences. Amongst them are cybersecurity consultants, technicians, individuals in authorized, auditing or compliance, in addition to these with a excessive diploma of specialization in AI the place knowledge scientists and knowledge engineers predominate.

Repsol is already exploring totally different functions of generative AI in processes during which it may present differential worth each for the group and its workers. Because of this, work teams have been organized during which workers have proposed greater than 250 use instances the place this know-how may streamline their day-to-day work. This contains duties as various as facilitating entry to info for decision-making, the administration and technology of documentation, the creation of multimedia content material, the event of clever assistants, and producing code to develop technological options.

A second wave of digitization

For Repsol, digitization is a key vector in its strategic plan and transformation course of to deal with the challenges of decarbonization. It was in 2018 when the corporate first promoted its digitization program, and the method has been ongoing ever since, from spearheading real-time decision-making and knowledge evaluation, to growing operational security for workers, and striving for carbon neutrality within the power sector. 

In his new place, Casado is ready to promote and facilitate the digital transformation of all verticals inside the firm. “Expertise is on the service of the enterprise, so it have to be the people who find themselves the homeowners,” he says. “So the elemental mission of my function is to assist envision and prioritize transformative initiatives related to digital applied sciences and the way they’ll enhance the enterprise and have the best doable affect. We should present the mandatory assets, each monetary and human, to these initiatives with essentially the most potential.”

Likewise, he insists on constructing platforms that assist workers make growing digital merchandise as environment friendly and scalable as doable. Equally necessary as a precedence is creating a totally digital organizational tradition that ensures individuals have the mandatory coaching and expertise to face the challenges of digital transformation.

Persevering with on the appropriate path

“The good private problem I’ve set for myself is that the second wave of digital transformation reaps, at the least, the identical success as the primary,” Casado says. That’s setting a excessive water mark contemplating the power firm simply closed a profitable five-year interval of digitization. “The primary wave of the digital program has been really fruitful, each in reaching the affect goals that we had set ourselves, and from the viewpoint of view of the transformation itself,” he provides. 

Any more, Casado will keep on the identical path of success and excellence, thus ensuring that digitization continues to take care of its transformative and driving nature of the enterprise, he says, and that it helps the corporate meet its strategic and decarbonization goals.

On the technological forefront

To achieve its aim, Casado will depend on a strategic package deal of cutting-edge applied sciences. “We’ll proceed engaged on every part that entails automating our operations and processes, and meaning selling applied sciences similar to digital twins, our IoT platforms, and 5G.” 

The push into AI into all Repsol’s companies will improve as nicely. “We’re satisfied that AI will change the way in which we work within the coming years, and we need to lead this transformation,” he provides.

Casado can be steadfast on turning Repsol right into a data-driven firm, exploring the makes use of of quantum applied sciences, and getting workers to develop their very own functions extra, utilizing no-code or low-code platforms. “We’re going to place plenty of concentrate on democratizing all of the applied sciences associated to the sphere of knowledge so anybody within the group is ready to make data-based choices, and use algorithms and AI autonomously of their day-to-day life.”