HfS Blueprint: Energy Operations 2017

WHAT THIS BLUEPRINT REPORT COVERS

The HfS Research Blueprint Report for Energy Operations provides a comprehensive overview of services for the oil and gas industry. This Blueprint looks at business process services, information technology services, and engineering services across the Energy Operations value chain areas upstream, midstream and downstream. And at the cross-value chain BPO, engineering, and ITO services. This report analyzes and reviews how the market is evolving toward more business-outcome-focused, flexible, and collaborative services and how service providers are meeting the needs of oil and gas organizations. The HfS Blueprint includes profiles and assessments of 13 service providers of Energy Operations services.

KEY MARKET DYNAMICS

The world of energy is in a Perfect Storm: Rising social and political pressure in conjunction with technology advances and economic shifts are combining to create a positive atmosphere to address the energy transition to lower carbon emissions, one of the biggest challenges of the coming decades. This energy transition will have a tremendous impact on the oil and gas industry, and the impact is felt today and will be amplified over the next decades.

“Lower for Longer”. Dealing with sustained lower price environment: In 2017, the name of the game for oil and gas still is: Figuring out how to operate in a “lower for longer” environment and be profitable with the oil price between $45 and $55 per barrel. This means fixing the basics and leveraging new technologies by investing in digital transformation and new operating models. Service providers play a role here, bringing more efficiency into processes, fuelling innovation, implementing new technologies, and preparing oil and gas clients for a new era.

Innovation is a hygiene factor in Energy Operations: Service providers are expected to incorporate innovation in services and constantly bring the cutting-edge of technology to clients’ attention as the focus shifts to the capabilities that truly extend clients’ operations.

Partnerships: No one company can deliver all the services and solutions required for the transformation the oil and gas industry is going through. In the digital age, breaking down silos, creating end-to-end processes and information flows, and unleashing the actionable insights derived from advanced data analytics are critical imperatives for survival. We see this in the convergence of operational technology (OT) and information technology (IT) and by the increasing role of digital platforms across the value chain. Partnerships are therefore becoming a decisive source of value and competitive advantage for oil and gas companies, service providers, software vendors, and original manufacturing equipment providers alike.

WHO SHOULD READ THIS REPORT

Executive leaders and business unit leaders, technology leaders, advisors and outsourcing managers in the oil and gas industry. Service provider professionals working for oil and gas clients.

SERVICE PROVIDERS WE DISCUSS

Accenture, Atos, Cognizant, EPAM, HCL, IBM, Infosys, LTI, Luxoft, NTT DATA, TCS, Tech Mahindra, Wipro

WHAT YOU’LL KNOW AFTER READING

Readers will gain insight into:

• Analysis of disrupting forces in the oil and gas industry
• The strengths and challenges to take into consideration for these service providers
• Areas we expect to see the most growth in over the next few years
• The capability, vision and investment priorities of the service providers included in the Blueprint report
• Recommendations sections for oil and gas companies as well as the service providers