The Global oil and gas industry is crossing the depleted oil and gas reserves worldwide. New issues arise and are resolved through existing technology. Increasing fuel demand, increasing competition, financial capital, and public scrutiny and regulation are some serious issues facing today. The decline in oil reserves and the dynamic demand and supply are responsible for the volatility of oil prices. New exploration and extraction technologies for new types of hydrocarbons are emerging. New technologies in the oil and gas industry generate huge amounts of operational and financial data. Using a variety of analytics engines can turn large amounts of data into insights to increase profitability. In the oil and gas industry, advanced business intelligence and analysis tools enable efficient and effective operations. As a result, the oil and gas analytics market are growing as many oil companies are turning their existing practices into an analytical, performance-based approach.
Today, oil and gas companies are rapidly turning to the use of advanced information and communication technology (ICT) to face industry challenges. A huge amount of data (big data) is generated from operating upstream, midstream and downstream segments of oil and gas companies. This data is transformed into critical information and insights to improve the company’s efficiency, productivity, and profitability. Advanced solutions such as business intelligence, big data management, and analytics have transformed traditional management into fact-based decision-based management. Oil companies face organizational data challenges such as data degradation, data consolidation, data inconsistencies, data ownership, and limited visibility. Big data analytics solutions in the new era have overcome fragmented frameworks with integrated data architectures to solve organized data problems.
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Key Market Segments:
Key Market players:
Accenture, Cisco Systems, EMC Corporation, Hewlett-Packard, IBM Corporation, Microsoft Corporation, Oracle, SAP AG, SAS Institute and Teradata.
- North America
- Latin America
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Table of Content:
Chapter 1 Global Oil and Gas Analytics Market Overview
Chapter 2 Global Economic Impact on Oil and Gas Analytics Industry
Chapter 3 Global Oil and Gas Analytics Market Competition by Manufacturers
Chapter 4 Global Oil and Gas Analytics Production, Revenue (Value) by Region
Chapter 5 Global Oil and Gas Analytics Supply (Production), Consumption, Export, Import by Regions
Chapter 6 Global Oil and Gas Analytics Production, Revenue (Value), Price Trend by Type
Chapter 7 Global Oil and Gas Analytics Market Analysis by Application
Chapter 8 Oil and Gas Analytics Manufacturing Cost Analysis
Chapter 9 Industrial Chain, Sourcing Strategy and Downstream Buyers
Chapter 10 Marketing Strategy Analysis, Distributors/Traders
Chapter 11 Market Effect Factors Analysis
Chapter 12 Global Oil and Gas Analytics Market Forecast
Chapter 13 Appendix
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