TRENDING
ENERGY COMPANIES ’ DIGITAL TRANSFORMATION EFFORTS DRIVEN BY NEED FOR TIGHTER INTEGRATION AND COLLABORATION
IFS , the global cloud enterprise software company , commissioned new research polling over 600 senior decision-makers at large energy companies across France , Australia , Japan , the Nordics , the US , the UK and the Middle East . The intention was to find out where companies in the industry are now on their Digital Transformation journeys and what ’ s holding them back .
More than three-in-10 ( 31 %) oil , gas and utility organisations worldwide cite tighter integration and collaboration across functions among the top two drivers for the adoption of enterprise software systems , while 30 % reference better project management , 29 % improved asset life cycle management and 29 % improved operational efficiency .
Organisations need – and desire – more clarity and certainty about what these solutions will deliver .
Barriers to change
These were among the highlights of new research commissioned by IFS , polling over 600 senior decision-makers at large energy companies across France , Australia , Japan , the Nordics , USA , the UK and the Middle East . The research also found that 44 % of organisations with sustainability goals want to invest in more energy-efficient assets and infrastructure to meet those objectives .
Despite these key drivers , significant barriers to technology adoption remain , especially around the inability to define and measure the ROI of enterprise software systems like EAM and ERP . Nearly threein-10 say the chief barrier to adoption is the inability to accurately measure value from investment during the Digital Transformation journey , while a fifth ( 20 %) say it ’ s the biggest barrier to Digital Transformation overall .
www . intelligentcio . com INTELLIGENTCIO MIDDLE EAST 25