It is evident that oil and gas (O&G) businesses are beginning to heavily invest in software technology to help improve productivity while reducing costs. The latest acquisition of Baker Hughes by General Electric shows that O&G businesses are starting to recognize the need for investment in service technologies to improve operational efficiencies. For example, preventing worker and equipment downtime as a way to further cut costs to remain profitable at lower oil prices. Business process management software and Internet of Things (IoT) technology are being deployed across the industry to help create greater efficiency at a work site and at the office. Businesses that are willing to accept that the conventional way of running an exploration & production (E&P) business is no longer sustainable at these lower oil barrel prices will survive by adopting new and emerging technologies.