Technology is synonymous with change. From the industrial revolution to the digital age, each technological advancement has reshaped the way we work, live, and interact. Today, we stand on the precipice of a new era, driven by artificial intelligence (AI) and digital transformation. Establishments that fail to adapt to these changes risk obsolescence, while those that embrace digital dexterity—the ability to adapt, adopt, and use technology for better outcomes—position themselves for sustained success. Digital dexterity is defined as the ambition and capacity to use technology for better business outcomes [1]
Statistics underscore the importance of digital transformation for organizations. According to a 2023 Gartner report, 91% of businesses are involved in some form of digital initiative, and 87% of senior business leaders say digitalization is a company priority [1] Moreover, McKinsey & Company found that companies integrating digital capabilities are 23% more profitable than their less-digitized peers [2] Furthermore, organizations with high digital dexterity report a 37% higher employee productivity and a 30% increase in employee satisfaction [2]
Digital capabilities are essential for modern businesses. The incorporation of advanced digital platforms and platforms can streamline operations, enhance decision-making, and foster innovation. Organizations that prioritize digital transformation are better equipped to respond to market changes, optimize processes, and deliver superior customer experiences. For example, predictive maintenance powered by AI can foresee equipment failures before they happen, reducing downtime and maintenance costs significantly. Additionally, AI-driven analytics help optimize drilling operations, leading to more efficient resource extraction and better decision-making [3]
