New report from Strategy& and Cognite identifies five key steps to a successful digital transformation.
The oil and gas industry is making significant strides in digitalization. After a few years of carrying out small-scale pilots, a number of oil companies are now leading the way.
However, some companies are still only at a very early stage of digital development. For them, taking the first steps on a digital transformation journey may seem daunting.
To explore how to develop winning strategies and digitally transform organizations, Cognite teamed up with Strategy&, PwC’s strategy consulting business. The resulting report is a part of Strategy&’s ongoing series “Drilling for data.”
Together, Cognite and Strategy& identified five key steps that companies should consider when digitalizing their operations:
- Identify the right business problems.
- Think strategically.
- Decide what to digitalize first.
- Be mindful that models, processes, and culture may change.
- Identify the right technology partners.
By Team Cognite
Cognite is a global industrial SaaS company that supports the full-scale digital transformation of asset-heavy industries around the world. Our core Industrial DataOps platform, Cognite Data Fusion™, enables data and domain users to collaborate to quickly and safely develop, operationalize, and scale industrial AI solutions and applications. Cognite Data Fusion codifies industrial domain knowledge into software that fits into your existing ecosystem and enables scale from proofs of concepts to truly data-driven operations to deliver both profitability and sustainability.