target audience: TECH SUPPLIER Publication date: May 2023 - Document type: Market Presentation - Doc Document number: # US49867723
Industry Market Trends: Worldwide Oil and Gas, 2023
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Abstract
This IDC Market Presentation aims to provide technology vendors with an overview of key business trends shaping the worldwide oil and gas (O&G) industry in 2023. It offers a foundation of industry knowledge to help technology vendors develop a compelling narrative that resonates with worldwide O&G clients, aligns products and services with O&G companies' business priorities, and demonstrates how relevant technology implementation contributes toward the achievement of their vision and goals.
"Globally, the O&G industry's operating model has been evolving with the pace of tech innovations. Companies are embracing a new vision and new approaches such as digital-first enterprise and intelligence embedded decisioning. The attitude is right, but the execution of digital strategies remains challenging," said Gaurav Verma, research manager, IDC Energy Insights.