This IDC Energy Insights report examines what CIOs are doing to prepare budgets and strategy for the coming year. The report is specifically geared toward the offices of chief information officer (CIO) in the oil and gas (O&G) businesses. Readers will be able to make comparisons with peers in the industry on metrics such as IT intensity and spending priorities. While the survey covers all lines of business — upstream, midstream, downstream, trading, and other — the emphasis for this report is upstream, midstream, and trading.
According to Jill Feblowitz, vice president, IDC Energy Insights, "Oil and gas business executives want to be able to monitor production and the business but also want employees and contractors in the field to have secure access to data and analytical tools for efficiency and safety. The challenge for CIOs is to put technology together quickly and cost effectively. The good news is that new technologies — big data and analytics, mobility, cloud, and social business — are available to make that happen."