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Worldwide Smart Oilfield IT Services Market to 2019: Key Vendors, Size & Growth Analysis Report

(IT-NEWSWIRE.COM, June 21, 2015 ) The global smart oilfield IT services market is segmented on the basis of geography.

The report, Global Smart Oilfield IT Services Market 2015-2019, has been prepared based on an in-depth market analysis with inputs from industry experts. It covers the market landscape and its growth prospects in the coming years. The report also includes a discussion on the key vendors operating in this market.

With the presence of volatile market conditions, global energy requirements are continuing to rise, creating challenging competitive environment for companies in the O&G sector. Forecasting and budgeting have become extremely difficult in the face of ongoing price volatility and many other uncertainties in the oil sector. The challenging environment has forced companies to look for innovative, upstream oil technologies. Furthermore, the volume and detail of data generated in exploration and production need to be put into better use so that the O&G companies can gain value from the same and act upon the insights generated by data produced during exploration and production.

Smart oilfield services comprise IT services, including IT consulting, business consulting, integrating services, and outsourcing services. The implementation of these services enables companies to increase production, improve recovery rates, and cut capital and operating expenses. In addition, the time-to-value also gets enhanced with the implementation of these services.

The analysts forecast global smart oilfield IT services market to grow at a CAGR of 5.93% over the period 2014-2019.

Purchase a Report Copy at http://www.rnrmarketresearch.com/contacts/purchase?rname=393160 .

Key Vendors

Accenture

IBM

Tata Consultancy Services

Wipro


Other Prominent Vendors

Capgemini

CGI

Cisco

Deolitte

EDS

EMC

Energistics

Huabei

Infosys

KPMG

L&T Infotech

Microsoft

PwC

SAS

Schlumberger

TCS

TechMahindra

Wipro


Inquire before Buying at http://www.rnrmarketresearch.com/contacts/inquire-before-buying?rname=393160 .


Market Driver

Cost Reduction


Market Challenge

Security Concerns


Market Trend

Big Data Analytics


Key Questions Answered in this Report

What will the market size be in 2018 and what will the growth rate be

What are the key market trends

What is driving this market

What are the challenges to market growth

Who are the key vendors in this market space

What are the market opportunities and threats faced by the key vendors

What are the strengths and weaknesses of the key vendors

Inquire for Discount at http://www.rnrmarketresearch.com/contacts/discount?rname=393160 .

About Us:
RnRMarketResearch.com is an online database of market research reports offer in-depth analysis of over 5000 market segments. The library has syndicated reports by leading market research publishers across the globe and also offer customized market research reports for multiple industries.

RnR Market Research

Ritesh Tiwari

1 888 391 5441

sales@rnrmarketresearch.com

Source: EmailWire.Com

Source: EmailWire.com

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