Digital Transformation

Today the wave of Digital Transformation has gone from concept to reality while leading O&G companies has been practicing Digital Transformation for years. Many major O&G company is still operating in the traditional way, it is time to change. It is not quite necessary to discuss more about why Digital Transformation is a must for survival and improvement, how much new technology a company adopts decides how much advantage the company has in the market.

Digital Transformation is not only about technology, but ultimately about the business itself. Transformation is nothing new, as each time technology evolved in the history, transformation of business occurred. This time the most significant change is the digital technology. By applying modern digital technology, business can be reshaped. Much repeating work could be done by technology without wasting human being’s talent, and even some operational decision could be made by AI. People can acquire more real-time, accurate and detailed information from things and from other people and respond instantly. We are experiencing such changes in the daily life, however, in business there is still a long way to go.

There is not a universal template for Digital Transformation. Each organization will have its own objective and path according to its business objective and status quo. To define an ambitious and practical Digital objective, an organization must understand what contemporary technology could offer, how mature it is in practice, what competitors has achieved and the ROI of Transformation. When and how to make the changes happen is to be considered in the next step. A unique Digital Transformation roadmap shall be defined for each organization. PEAPROS works with companies in the industry and is always ready to share its experience, best practice and expertise to customers.

Digital Transformation is not a one-time deal. Transformation will not stop as technology never stops changing. Continuously reviewing the as-is business and embracing new solutions keeps a company’s competitiveness. PEAPROS will be your long-term partner to achieve this.

• What is your digital ambition? What benefits will you gain? Which KPIs will improve?
• Where and at what depth will digital transformation drive change?
• How do you structure and operationalize to win (e.g., digital business models, product models, or digital op models)?
• What enterprise and ecosystemwide digital capabilities, technologies, and talent are needed?
• What management and governance structures are required to track and help ensure digital success?
• How do you make digital impact fast, and what are tactics, initiatives, and the road map to the target state?