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Company Insights
Marathon Petroleum Corp – Digital Transformation Strategies
Marathon Petroleum Digital Transformation Strategies Overview Marathon Petroleum Corp. (Marathon) is focusing on cloud-based technologies for its digital transformation. The annual ICT spending of Marathon was estimated at $946 million for 2023. A major share of this spending is earmarked for acquiring ICT services, software, and hardware from vendors. Marathon is an integrated downstream energy company, that has 13 refineries across 12 states in the US and supplies gasoline and distillates to resellers across the US. The company distributes refined...
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Company Insights
Enel S.p.A. – Digital Transformation Strategies
Enel Spa Digital Transformation Strategies Overview Enel S.p.A. (Enel) has been focusing on using cloud, blockchain, and cybersecurity to digitally transform its operations. The annual ICT spending of Enel was estimated at $1.8 billion for 2023. A major share of this spending is earmarked for acquiring software, network and communications, and hardware from vendors. Enel is an integrated electricity and gas company that produces, distributes, and trades electricity and natural gas. The group generates electricity using diverse sources of energy such...
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Company Insights
Petroliam Nasional Berhad – Digital Transformation Strategies
Petronas - Digital Transformation Strategies Overview Petroliam Nasional Berhad (Petronas) is leveraging AI and big data technologies as a part of its digital transformation strategies. The annual ICT spending of Petronas was estimated at $489 million in 2023. A major share of this spending is earmarked for acquiring software, network and communications, and hardware from vendors. Petronas is an integrated energy company engaged in exploring, developing, and producing crude oil and natural gas. The company’s business segments include upstream, downstream,...
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Thematic Analysis
Internet of Things (IoT) in Energy – Thematic Intelligence
Internet of Things (IoT) in Energy Thematic Report Overview The Internet of Things (IoT) can create a tech ecosystem that addresses many challenges within the energy sector such as balancing supply with demand, workplace safety, integrating renewable energy into the grid, and fluctuating energy prices. For instance, the predictive maintenance capabilities of IoT can significantly transform the energy sector by optimizing operations, managing asset performance, and engaging customers to lower energy costs. The energy sector has already reaped benefits from...
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Thematic Analysis
Artificial Intelligence (AI) in Energy – Thematic Intelligence
AI in Energy Thematic Report Overview AI is driving measurable improvements in renewable energy forecasting, grid operations and optimization, the coordination of distributed energy assets, and demand-side management. It will play a major role in enhancing asset optimization and customer segmentation. Implementing AI in the energy sector will benefit resource management, failure prevention, and predictive analytics for renewables. The Artificial Intelligence (AI) in Energy thematic intelligence report assesses how AI, combined with other emerging technologies, can be used across the...
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Sector Analysis
Electrical Substations in Utilities 2.0 – How Tech is Driving the Sector Innovation
Electrical Substations in Utilities 2.0 Report Overview The electrical substations in utilities 2.0 research report provides insights on the patent landscape, the latest news, partnerships, and company filings. The report will help to understand key disruptive forces in the power & utilities sector as it explores the emerging, accelerating, and maturing innovation areas with disruptive potential in power & utilities, along with the key players. Key Technologies ·      Digital Twins ·      AI and ML ·      Communication technologies ·      Smartification of...
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Sector Analysis
Switchgear in Utilities 2.0 – How Tech is Driving the Sector Innovation
Switchgear in Utilities 2.0 Report Overview Over the last couple of years, there have been some developments happening for Switchgear and its sub-assets when it comes to implementation of emerging technologies. For instance, there are product launches for new types of switchgear and related solutions from Hitachi, Zuken, a Japanese electrical and electronic design and manufacturing company, and Schneider Electric with a focus on Digital Twins and Remote and Predictive Maintenance. On the other hand, ABB is more focused on...
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Thematic Analysis
Metaverse in Energy – Thematic Intelligence
Metaverse in Energy Thematic Report Overview The metaverse is an important theme for the energy sector because technologies such as digital twins, VR, and AR can add real value in industrial environments. Firstly, energy companies rely on a vast range of industrial assets, and digital twins can support the predictive maintenance of these assets and monitor their performance. AR-based remote assistance solutions can also improve the efficiency of maintenance work. Secondly, employees need to be trained safely and effectively, and...
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Sector Analysis
Transformer in Utilities 2.0 – How Tech is Driving the Sector Innovation
Transformer in Utilities 2.0 Report Overview The power & utilities sector is adopting AI, robotics, and advanced technologies to optimize transformer operations. Innovations like digital twins and IIoT enable AI monitoring, predictive maintenance, and remote inspections, enhancing grid efficiency and uninterrupted power supply. The report categorizes key innovation areas in power & utilities as emerging, accelerating, and maturing based on their rate of growth in innovation. It also casts light on transformer-related recent developments, deals, patent publications, real-world innovations, and...
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Sector Analysis
Communications Service Provider M&A in the North and South Americas – Key Trends and Insights
Global M&A TMT deals reached $555 billion in value in H1 2021 representing a more than 160% increase year on year. This value was generated by 482 M&A deals announced in the global TMT sector, with a transaction value greater than or equal to $50 million. The software and services sector topped the TMT deal activity in H1 2021, followed by internet and media, telecom services, and hardware. The impact of the global pandemic was to suppress TMT deal global...