Gartner Research

Demystifying Digital Business for Oil and Gas Leaders

Published: 17 April 2018

ID: G00351882

Analyst(s): Chris Howard , Rich McAvey

Summary

Digital business is often cited as a top business priority within oil and gas companies. However, it is still a new concept and many leaders are struggling to clarify their digital ambition and drive transformation at scale. CIOs can use four persistent touchstones to create and maintain alignment.

Table Of Contents
  • Impacts

Analysis

  • Digital Business Is Proliferating at an Extraordinary Pace, but Is Not Yet Well Understood

Impacts and Recommendations

  • The 2018 Gartner CIO Survey Indicates That 86% of Companies Surveyed Have Discovered the Power of Digital Technologies and Have Active Efforts Underway to Optimize Business Performance
    • CIO Implications
    • Recommendation
    • Recommended Reading
  • Not All Companies Share the Same Ambition for Digital; a Minority of Companies See Digital as an Opportunity to Disrupt Traditional Operating Models
    • CIO Implications
    • Recommendation
    • Recommended Reading
  • While Digital Is Moving Briskly, 91% of Companies Surveyed Have Not Yet Brought Their Digital Ambition to Scale
    • CIO Implications
    • Recommendation
    • Recommended Reading
  • There Is Substantial Confusion Regarding Accountability for the Organizational Changes Required to Harvest Value From Digital Business
    • CIO Implications
    • Recommendation
    • Recommended Reading

Gartner Recommended Reading

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