HfS Blueprint Report: Energy Operations 2016

WHAT THIS BLUEPRINT REPORT COVERS

It is an understatement to say the Oil & Gas industry is dealing with a tremendous amount of turmoil and change. This leads to changing needs and requirements when it comes to IT, business process and engineering services. This report looks at the services provided by 13 providers across Upstream, Midstream and Downstream, based on exhausting research with service buyers, how these meet the needs of Oil & Gas clients and the state of attainment of the As-a-Service Economy.

KEY MARKET DYNAMICS

• A growing, mature market dealing with low oil prices and environmental, political and social pressures
• Imperative to innovate, particularly using automation and advanced analytics to find new efficiency levers
• As-a-Service delivery becoming the norm, As-a-Service pricing is lagging behind

WHO SHOULD READ THIS REPORT

• Strategists
• Process Owners in Oil & Gas companies
• Executives in service delivery

SERVICE PROVIDERS WE DISCUSS

• Accenture
• Atos
• Cognizant
• EPAM
• HARMAN
• HCL
• IBM
• Infosys
• KPIT
• Luxoft
• TCS
• Tech Mahindra
• Wipro

WHAT YOU’LL KNOW AFTER READING
Oil & Gas companies are coming to grips with the new reality of low oil prices. In that process, service providers are seen in a more strategic light than before. As the focus of the industry is on cost reduction, production optimization and operational efficiency, automation and outsourcing are two principal levers available to the industry. Oil & Gas executives are forced to have a good look at their strategy. Service providers are in a position to become more strategic innovation partners in this new era for Oil & Gas. This report explains how they are progressing. 

Listen to author Derk Erbé discuss this Blueprint Report on the HfS Podcast-as-a-Service: