IDC Energy Insights hosted the IDC FutureScape: Worldwide Oil & Gas 2015 Predictions Web conference, which highlighted predictions based on a new IDC FutureScape report. The Predictions Web conference series and accompanying IDC FutureScape reports, are designed to help company leaders capitalize on emerging market opportunities and plan for future growth.
The predictions from the IDC FutureScape for Oil & Gas (O&G) are:
80% of the top O&G companies will reengineer processes and systems to optimize logistics, hedge risk, and efficiently and safely deliver crude, LNG, and refined products by the end of 2017.
Over the next three years, 40% of O&G majors and all software divisions of oilfield services (OFS) will co-innovate on domain specific technical projects with IT professional service firms.
The CEO will expect immediate and accurate information about top shale plays to be available by the end of 2015 to improve asset value by 30%.