Short Technology Articles (10)

Technology ArticlesThe ways we consume vitality and produce commodities are changing. This transformation may gain advantage the global financial system, however useful resource producers must adapt to stay aggressive.

While the modifications facing resource producers and coverage makers are prone to be complex and numerous, the rewards of larger productiveness, faster development, and a much less resource-intense financial system can profit all. The world of commodities over the past 15 years has been roiled by a supercycle” that first sent prices for oil, gasoline, and metals hovering, only for them to come crashing back down. Now, as useful resource firms and exporting international locations pick up the items, they face a brand new disruptive era. Technological innovation —including the adoption of robotics, artificial intelligence, Internet of Things expertise, and data analytics—along with macroeconomic trends and altering consumer habits are transforming the best way sources are consumed and produced.

On the demand …

Short Technology Articles (25)

Technology ArticlesThe methods we devour vitality and produce commodities are changing. This transformation could benefit the global economic system, however useful resource producers will have to adapt to stay aggressive.

Policy makers could seize the productivity benefits of this useful resource revolution by embracing technological change and permitting a nation’s vitality mix to shift freely, at the same time as they handle the disruptive results of the transition on employment and demand. Resource exporters whose finances rely on resource endowments will need to discover different sources of income. Importers could stock up strategic reserves of commodities while prices are low, to safeguard towards supply or price disruptions, and put money into infrastructure and education. Create a profile to get full access to our articles and reports, together with those by McKinsey Quarterly and the McKinsey Global Institute, and to subscribe to our newsletters and e mail alerts.

For resource companies, notably …