International Journal For Multidisciplinary Research

E-ISSN: 2582-2160     Impact Factor: 9.24

A Widely Indexed Open Access Peer Reviewed Multidisciplinary Bi-monthly Scholarly International Journal

Call for Paper Volume 6 Issue 6 November-December 2024 Submit your research before last 3 days of December to publish your research paper in the issue of November-December.

Critical Success Factors and Implementation Challenges of Industry-Specific Digital Solutions: A Study of the Oil and Gas Sector

Author(s) Rajeshwar Guggilla
Country United States
Abstract This article investigates the critical success factors and implementation challenges of industry-specific
digital solutions in the oil and gas sector, focusing on operational efficiency, cost reduction, and
environmental sustainability. The article analyzes comprehensive data from multiple organizations
implementing digital transformation initiatives, revealing significant improvements, including 20-35%
cost reductions, 30-40% efficiency gains, and 200-300% returns on investment. Through examination of
various implementation cases, the research identifies key challenges such as change resistance affecting
70% of employees, complex integration requirements, and substantial resource allocation needs. The
findings emphasize the importance of balanced implementation approaches that simultaneously address
technological, organizational, and human factors. The article presents a framework for successful digital
transformation, highlighting the critical role of change management programs that achieve 75-85%
success rates in adoption and cultural transformation when properly implemented. Additionally, the
research provides strategic recommendations for organizations undertaking digital transformation
initiatives, including structured planning approaches, comprehensive change management frameworks,
and technical implementation guidelines. This article contributes to the growing body of knowledge on
digital transformation in the energy sector, offering practical insights for industry practitioners and
researchers alike.
Keywords Digital Transformation, Oil and Gas Industry, Implementation Challenges, Change Management, Industry-Specific Solutions
Field Computer
Published In Volume 6, Issue 6, November-December 2024
Published On 2024-11-21
Cite This Critical Success Factors and Implementation Challenges of Industry-Specific Digital Solutions: A Study of the Oil and Gas Sector - Rajeshwar Guggilla - IJFMR Volume 6, Issue 6, November-December 2024. DOI 10.36948/ijfmr.2024.v06i06.31021
DOI https://doi.org/10.36948/ijfmr.2024.v06i06.31021
Short DOI https://doi.org/

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