News
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Oct-22
New IDC MarketScapes Evaluate Service Providers for Industrial Internet of Things for Utilities and Oil & Gas Companies
CLOSE| Press Release
Oct-22, New IDC MarketScapes Evaluate Service Providers for Industrial Internet of Things for Utilities and Oil & Gas Companies
MILAN, October 6, 2022 — Industrial IoT (IIoT) has been a major area of innovation and investment for utilities and oil & gas companies for many years. Its applications include supporting edge operations for asset-intensive operations, remote operations for distributed energy resource operators, remote oilfield operations for upstream companies, fuel retailers at the gas pump, energy suppliers up to customers’ homes, and everything in between.
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Sep-22
New IDC MarketScapes Evaluate Service Providers for Energy Transition and New Business Models for Utilities and Oil & Gas Companies
CLOSE| Press Release
Sep-22, New IDC MarketScapes Evaluate Service Providers for Energy Transition and New Business Models for Utilities and Oil & Gas Companies
MILAN, September 12, 2022 — Climate change is arguably the most pressing challenge the world faces. Governments, people, and industries — including utilities and oil and gas companies — are striving to pivot to more sustainable and decarbonized operations and existence. Utilities and oil and gas companies are knee-deep in the energy transition and reconsidering their business models. Energy transition is not new to these industries, but for the most part, what's been developed and deployed until now is just the tip of the iceberg. The innovation (and pace of innovation) that is needed for the energy transition to make an impact is still to come. For the energy transition to become mature, many of the use cases evaluated in these IDC MarketScape will need to become common instead of exceptional.
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Aug-22
Three Key Practices to Leverage Digital Transformation for Sustainable Operations in Asia/Pacific Energy Companies, According to IDC
CLOSE| Press Release
Aug-22, Three Key Practices to Leverage Digital Transformation for Sustainable Operations in Asia/Pacific Energy Companies, According to IDC
SINGAPORE, August 30, 2022 – In a recent IDC Report titled IDC PeerScape : Leveraging Digital Transformation for Sustainable Operations , IDC reveals three practices energy companies can use to accelerate their carbon reduction plans and address the challenges they face when undertaking Digital Transformation (DX).
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Jul-22
IDC: Oil & Gas Companies' Emissions Reporting Limited by Access to Quality Data
CLOSE| Press Release
Jul-22, IDC: Oil & Gas Companies' Emissions Reporting Limited by Access to Quality Data
SINGAPORE, July 26, 2022 – In a recent IDC Perspective titled The Role of Technological Innovation in Energy Conservation and Carbon Reduction in the Oil and Gas Industry , IDC found that 71.4% of oil and gas (O&G) companies do not currently collect and report their carbon dioxide emissions based on data from the Future of Resiliency Survey, Wave 4, 2022. Lack of access to quality data to accurately assess and report the emissions is the main culprit in preventing reporting and transparency.