This IDC Perspective discusses the value of the incumbent oil and gas (O&G) vendor in relation to the vendor market landscape of its industry. Emerging vendors often tout the latest and greatest technologies that can provide improvements to the overall business. ITDMs should carefully assess all of the trade-offs that come along with moving away from an incumbent provider.
"It is easy to get enamored with the amount of technology the oil and gas industry is now attracting, but workflows unique to the industry allow the incumbent provider the advantage of exclusive perspective into its client's business." — Andrew Meyers, research director, Worldwide Oil and Gas Strategies