Academy of Strategic Management Journal (Print ISSN: 1544-1458; Online ISSN: 1939-6104)

Abstract

Factors Influencing Industry 4.0 Implementation in Oil and Gas Sector: Empirical Study from a Developing Economy

Author(s): Dr. Abdelgnai Benayoune

 This study aims to find out the driving factors as well as the main challenges and barriers to Industry 4.0 implementation. Primary data were collected from managers and experts through online questionnaire and interviews. The study explored the views and perceptions of 69 senior managers and expert in the oil and gas industry. The results indicated that cost reductions and the need of efficiency improvement, enhancement of productivity and compliance were found to be the main factors driving Industry 4.0 adoption in Oman. On the other hand, implementation cost, cultural change, and lack of digital skills among the current labor force were the strong barriers and challenges. The study discusses the policy implications of Industry 4.0 and recommends further research in the area

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