BENGALURU, Aug. 21, 2019 /PRNewswire/ -- Embracing the challenge of ensuring business relevance in a fast-changing digital landscape, Shell recently organised the third edition of its annual tech community event 'Shell IT-Day' 2019. Shell IT-Day 2019's theme, 'Product Mindset and Staying Relevant', underscored the need for continuous industry-wide digital transformation to create and protect business value, whilst managing and balancing business risk.
The event was held at the Shell IT Hub in Bengaluru, the largest IT hub for Shell globally. Keynote speakers Jay Crotts, Executive Vice President and Group CIO, Royal Dutch Shell, Robbert van Rutten, VP and CIO Global Functions and VP Information Risk Management, and Kayoor Gajarawala, VP Business Readiness addressed the imperatives of staying relevant in today's dynamic environment through skill development, agility and a product mindset to deliver value at speed. Their sessions also highlighted the significance of the product mindset in leveraging technology to maximise business value.
Shell IT-Day 2019 encouraged the 3000+ employees at the Shell IT Bengaluru Hub, other Shell entities and technology partners to showcase their projects, achievements, and innovative energy-industry-IT solutions through interactive booths. QuizWiz, a quiz competition on Shell's business and general knowledge, was also held during the event. This was followed by an interactive session on 'Designing with Data: A guide to data-driven, user-centric products to sensitise employees on the importance of data-driven practices.'
Focused on inspiring learning about Shell's entire hydrocarbon value chain, Shell IT-Day plays a key role in sparking new ideas through panel discussions, quiz competitions, masterclass sessions, and engaging the vibrant supplier and partner ecosystem. Such initiatives exemplify Shell's increasing focus on creating an open innovation and learning culture and the role of technology in driving energy sector growth.
Mr. Jay Crotts, EVP and Group CIO, Royal Dutch Shell, said, "Product innovation and technology is at the forefront of all our operations. We believe that creating a product mindset can go a long way in helping us evolve and adapt to an ever-changing external environment. Platforms such as the Shell IT-Day are an integral part of our culture at Shell to help us understand the need to drive change and make the most of the countless opportunities and business scenarios."
Mr. Arun Padmanabhan, VP - IT, Shell, Bengaluru, added, "With Shell IT-Day 2019, we aim to take forward our strong focus on technology, community and learning. Our objective has been to create awareness on the changing technological landscape and the impact it is having on the way we do business. The work we do across our IT locations globally and in the Bengaluru IT Hub, in particular, is remarkable and we aim to take it to the next level by being at the forefront of the technological revolution."
Since its inauguration in 2017, Shell IT-Day has become an integral part of the annual calendar of Shell India. It has helped anchor Shell's efforts to be at the forefront of innovation and help utilise technology effectively and efficiently to drive sustained business value and growth.
Notes To Editors
About Shell in India
Shell is one of the most diversified international energy company in India with over 8500 employees and presence across upstream, integrated gas, downstream, renewable energy, and deep capabilities in R&D, digitalization and business operations. With a retail presence across six states - Karnataka, Tamil Nadu, Telangana, Maharashtra, Gujarat and Assam Shell is expanding its network of fuel stations across the country. It has the entire Lubricants end-to-end value chain in India, from conceptualization and development, to production and distribution. This includes a world class lubricant oil blending plant with a capacity of more than 115 million litres, a distributor network of more than 185 and over 60,000 retailers across the country. The company also fully owns and operates an LNG re-gasification terminal at Hazira. Through its subsidiary, BG Exploration and Production India Limited, Shell holds a 30% interest in, and is joint operator of the Panna - Mukta oil and gas fields. With a focus on digitization and future ready sustainable solutions, the company is nurturing a vibrant ecosystem in India to accelerate energy innovations with Shell E4 for startups, Shell Eco-marathon and investments in new energy companies like Husk Power and Cleantech Solar. Shell also remains committed to making positive contributions to the communities in which it operates through programmes like NXplorers, Access to Energy and Road Safety across India. Follow @shell_India @makethefuture @shell_ecomar to know how it is redefining the energy space.
Royal Dutch Shell plc
Royal Dutch Shell plc is incorporated in England and Wales, has its headquarters in The Hague and is listed on the London, Amsterdam, and New York stock exchanges. Shell companies have operations in more than 70 countries and territories with businesses including oil and gas exploration and production; production and marketing of liquefied natural gas and gas to liquids; manufacturing, marketing and shipping of oil products and chemicals and renewable energy projects. For further information, visit www.shell.com.
The companies in which Royal Dutch Shell plc directly and indirectly owns investments are separate legal entities. In this announcement "Shell", "Shell group" and "Royal Dutch Shell" are sometimes used for convenience where references are made to Royal Dutch Shell plc and its subsidiaries in general. Likewise, the words "we", "us" and "our" are also used to refer to Royal Dutch Shell plc and subsidiaries in general or to those who work for them. These terms are also used where no useful purpose is served by identifying the particular entity or entities. ''Subsidiaries'', "Shell subsidiaries" and "Shell companies" as used in this announcement refer to entities over which Royal Dutch Shell plc either directly or indirectly has control. Entities and unincorporated arrangements over which Shell has joint control are generally referred to as "joint ventures" and "joint operations", respectively. Entities over which Shell has significant influence but neither control nor joint control are referred to as "associates". The term "Shell interest" is used for convenience to indicate the direct and/or indirect ownership interest held by Shell in an entity or unincorporated joint arrangement, after exclusion of all third-party interest.
This announcement contains forward-looking statements (within the meaning of the U.S. Private Securities Litigation Reform Act of 1995) concerning the financial condition, results of operations and businesses of Royal Dutch Shell. All statements other than statements of historical fact are, or may be deemed to be, forward-looking statements. Forward-looking statements are statements of future expectations that are based on management's current expectations and assumptions and involve known and unknown risks and uncertainties that could cause actual results, performance or events to differ materially from those expressed or implied in these statements. Forward-looking statements include, among other things, statements concerning the potential exposure of Royal Dutch Shell to market risks and statements expressing management's expectations, beliefs, estimates, forecasts, projections and assumptions. These forward-looking statements are identified by their use of terms and phrases such as "aim", "ambition', ''anticipate'', ''believe'', ''could'', ''estimate'', ''expect'', ''goals'', ''intend'', ''may'', ''objectives'', ''outlook'', ''plan'', ''probably'', ''project'', ''risks'', "schedule", ''seek'', ''should'', ''target'', ''will'' and similar terms and phrases. There are a number of factors that could affect the future operations of Royal Dutch Shell and could cause those results to differ materially from those expressed in the forward-looking statements included in this announcement including (without limitation): (a) price fluctuations in crude oil and natural gas; (b) changes in demand for Shell's products; (c) currency fluctuations; (d) drilling and production results; (e) reserves estimates; (f) loss of market share and industry competition; (g) environmental and physical risks; (h) risks associated with the identification of suitable potential acquisition properties and targets, and successful negotiation and completion of such transactions; (i) the risk of doing business in developing countries and countries subject to international sanctions; (j) legislative, fiscal and regulatory developments including regulatory measures addressing climate change; (k) economic and financial market conditions in various countries and regions; (l) political risks, including the risks of expropriation and renegotiation of the terms of contracts with governmental entities, delays or advancements in the approval of projects and delays in the reimbursement for shared costs; and (m) changes in trading conditions. No assurance is provided that future dividend payments will match or exceed previous dividend payments. All forward-looking statements contained in this announcement are expressly qualified in their entirety by the cautionary statements contained or referred to in this section. Readers should not place undue reliance on forward-looking statements. Additional risk factors that may affect future results are contained in Royal Dutch Shell's 20-F for the year ended December 31, 2017 (available at www.shell.com/investor and www.sec.gov). These risk factors also expressly qualify all forward looking statements contained in this announcement and should be considered by the reader. Each forward-looking statement speaks only as of the date of this announcement, August 21, 2019. Neither Royal Dutch Shell plc nor any of its subsidiaries undertake any obligation to publicly update or revise any forward-looking statement as a result of new information, future events or other information. In light of these risks, results could differ materially from those stated, implied or inferred from the forward-looking statements contained in this announcement.
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