ROI is the secret sauce for sustainable digital transformation
Digital transformation is a broad term that can mean vastly different things to different people. Within a given company, it is easy to gain consensus that such a thing is necessary to stay competitive, but it is tremendously difficult to define what it looks like in practical terms—much less where to begin.
Of course, it is infeasible to lay out a sequence of steps that is right for every company in every industry. Rather, it is more useful to talk about digital transformation in terms of levels of maturity, each centered around the key variable needed to make the process sustainable: return on investment (ROI). For digital transformation to be beneficial and long-lasting, it has to complement business goals. It is important to keep expectations realistic with respect to the current level of digital maturity. Five such levels of digital maturity are discussed here.
Click to continue reading on HydrocarbonProcessing.com
- Industrial Intelligence: At Weatherford, data drives the bit and everything after (October 2025)
- CygNet enters a new chapter of evolution (September 2025)
- How AI can close the digital delta and transform legacy oil and gas operations (September 2025)
- Unlocking the true potential of FPSO operations with a contextual digital twin (August 2025)
- Smarter well interventions accelerate productivity (July 2025)
- The ESG perspective: The rise of the data centers (May 2025)
- Subsea technology- Corrosion monitoring: From failure to success (February 2024)
- Applying ultra-deep LWD resistivity technology successfully in a SAGD operation (May 2019)
- Adoption of wireless intelligent completions advances (May 2019)
- Majors double down as takeaway crunch eases (April 2019)
- What’s new in well logging and formation evaluation (April 2019)
- Qualification of a 20,000-psi subsea BOP: A collaborative approach (February 2019)
