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Abstract

This IDC Energy Insights Pivot Table provides a detailed methodology and taxonomy for IDC Energy Insights' Worldwide Oil and Gas Industry IT Spending Guide. A definition for the oil and gas (O&G) industry and line-of-business (LOB) and relevant technology definitions are also provided. Key points include:

  • The oil and gas industry is dynamic and, at times, volatile. As such, information technology (IT) vendors should constantly review their market assumptions and data.
  • IT vendors need to pair this market data with balanced assessments of industry pain points and challenges.

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