Servitization and digital transformation in the energy industry: Survey


Servitization and the demand for digital transformation in the energy industry

The utilities and oil and gas sectors are fast-evolving. It is no longer sufficient for businesses to concentrate purely on selling the same products and services that have generated profits for the last 100 years.

Rather than the purchase of energy or water being the end of the relationship, companies in these highly regulated sectors must now provide innovative and compelling new services that enable them to extend their relationships and grow their revenues.

IFS surveyed over 600 energy organizations globally about their digital transformation journey and drivers/inhibitors for adoption of enterprise software. 

Read on for the research results and information on digitally transforming your energy organization for better operational efficiency.