This IDC MarketScape evaluates leading digital transformation service providers by qualitatively and quantitatively assessing their capabilities and strategies regarding their offerings across all value chain segments of the oil and gas (O&G) industry. With its EMEA perspective, it aims to support O&G organizations in choosing their partners in their transformational journeys. It provides context for O&G companies evaluating vendors in this area, examines vendors' comparative success in the marketplace, and looks at how vendor offerings are evolving. The evaluation is based on a comprehensive and rigorous framework that assesses vendors relative to the criteria and highlights the most influential factors for success in this market, both in the short and long term.

"Competition with alternative energy sources, climate change, and price volatility, and other challenges are mounting pressure on petroleum producing and refining companies. Being efficient and agile is a must, so DX is taking center stage in O&G companies' board meetings. Companies seek to embrace digital solutions to ensure enhanced efficiency in operational and business processes and create their own business resiliency. Ecosystem co-innovation and codevelopment approaches will create competitive advantage, and who these companies work with will make the difference," said Gaurav Verma, research manager, IDC Energy Insights.



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