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Report: Demystifying Digitalization in Oil & Gas

Report: Demystifying Digitalization in Oil & Gas

    Published at: 2/13/2020, 2:03:00 PM

    Team Cognite

    Cognite

    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.”

    Download the full report here →

    Together, Cognite and Strategy& identified five key steps that companies should consider when digitalizing their operations:

    1. Identify the right business problems.
    2. Think strategically.
    3. Decide what to digitalize first.
    4. Be mindful that models, processes, and culture may change.
    5. Identify the right technology partners.
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