Cloud Computing in Oil and Gas – Thematic Intelligence
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Cloud Computing in Oil and gas Thematic Overview
Cloud computing refers to computing delivered as an online service. Cloud computing is a highly disruptive and important technology for the oil and gas industry. Remote upstream oil and gas sites and assets that often lack a sufficiently strong or reliable internet connection benefit greatly from hybrid cloud services.
As the oil and gas industry grapples with digitalization, energy transition, and geopolitical challenges, and as its business needs, structures, and responsibilities change, cloud computing will enable companies to adapt to these challenges.
Cloud computing in oil & gas market research report presents an overview of adoption of cloud computing technologies, such as IaaS, PaaS, and SaaS, in the oil and gas industry. It analyses the cloud value chain, the challenges faced by the oil and gas industry, and how cloud computing is enabling the industry to tackle these challenges.
|Market Size (2022)||$27.8 Billion|
|Value Chains||SaaS, PaaS, and IaaS|
|Leading Adopters||Cenovus, Chevron, ExxonMobil, Kuwait Petroleum, Petronas, Repsol, Shell, and Sinopec|
|Leading Vendors||Alibaba, Alphabet (parent company of Google), Amazon, Cisco, Cloud Software Group, Dell Technologies, Docker, DXC Technology, Huawei, Inspur, Kyndryl, Microsoft, Oracle, Progress Software, Rackspace, SAP, and VMware|
|Specialist Vendors||Avanade, Baker Hughes, Bentley Systems, Dassault Systèmes, Emerson, HCLTech, Kongsberg, Schlumberger, and Schneider Electric|
|Enquire & Decide||Discover the perfect solution for your business needs. Enquire now and let us help you make an informed decision before making a purchase.|
Cloud Computing in Oil and Gas – Industry Analysis
The cloud computing revenues in the oil and gas sector was $27.8 billion in 2022 and is expected to grow at a CAGR of more than 15% between 2022 and 2026. SaaS will represent the largest share of this spending, contributing 41% of total revenues in 2026. SaaS spending will also grow faster than any other segment of cloud spending in the energy vertical, followed by PaaS.
The cloud computing in oil and gas industry analysis also covers:
- Mergers and acquisitions
- Patent trends
- Company filings trends
- Hiring trends
- Cloud computing timeline
Cloud in Oil and Gas Market Size 2019-2026 ($ Billion)
For more insights into the cloud computing in oil and gas market, buy the full report or download a free report sample
Cloud Computing in Oil and Gas- Value Chain Analysis
The cloud computing in oil and gas value chain consists of three main areas: software as a service (SaaS), Platform as a service (PaaS), and infrastructure as a service (IaaS).
Cloud Services (IaaS and PaaS): In the IaaS and PaaS markets, traditional IT stack infrastructure vendors, specializing in everything from databases and operating systems to virtualization, computing, storage, and networking, face competition from public cloud service providers. The latter use subscription-based, pay-as-you-use business models to offer a full portfolio of IT infrastructure, as well as tools and platforms for application developers.
Cloud Computing in Oil and Gas Value Chain Analysis
For more insights into the cloud computing in oil and gas value chain, buy the full report or download a free report sample
Leading Cloud Computing Adopters in Oil and Gas Sector
Some of the leading oil and gas companies currently deploying cloud computing:
- Kuwait Petroleum
Leading Cloud Computing Vendors
Some of the leading vendors associated with this theme:
- Alphabet (parent company of Google)
- Cloud Software Group
- Dell Technologies
- DXC Technology
- Progress Software
Specialist Cloud Computing Vendors in Oil and Gas Sector
Some of the leading specialist vendors in oil and gas theme are:
- Baker Hughes
- Bentley Systems
- Dassault Systèmes
- Schneider Electric
To know more about the leading adopters and vendors, and specialist vendors in the cloud computing in oil and gas theme, buy the full report or download a free report sample
Integrated Oil and Gas Sector Scorecard
At GlobalData, we use a scorecard approach to predict tomorrow’s leading companies within each sector. Our sector scorecard has three screens: a thematic screen, a valuation screen, and a risk screen.
- The thematic screen ranks companies based on overall leadership in the 10 themes that matter most to their industry, generating a leading indicator of future performance.
- The valuation screen ranks our universe of companies within a sector based on selected valuation metrics.
- The risk screen ranks companies within a particular sector based on overall investment risk.
Integrated Oil and Gas Sector Scorecard – Thematic Screen
Buy the full report to know more about the sector scorecards and download a free report sample
Segments Covered in the Report
Cloud Computing in Oil and Gas Value Chain Outlook
- This report presents an overview of adoption of cloud computing technologies, such as IaaS, PaaS, and SaaS, in the oil and gas industry.
- It analyses the cloud value chain, the challenges faced by the oil and gas industry, and how cloud computing is enabling the industry to tackle these challenges.
- The report provides an overview of the competitive positions held by technology vendors, and oil and gas companies in the cloud computing theme.
- It also discusses some successful cloud computing case studies in the oil and gas industry.
Reasons to Buy
- Identify key industry challenges driving cloud adoption.
- Explore cloud implementation options and leading vendor partners.
- Understand market size and growth forecasts for cloud computing in energy sector.
- Review case study implementations from leading oil and gas companies.
- Identify and benchmark key oil and gas companies adopting cloud computing technologies.
Table of Contents
- 1. Executive Summary
- 2. Cloud Computing Value Chain
- 2.1. Cloud services (PaaS and IaaS)
- 2.2. Cloud services (SaaS)
- 2.3. Cloud professional services
- 3. The Impact of Cloud Computing on the Oil & Gas Sector
- 4. Cloud Computing’s Impact on Oil & Gas Challenges
- 5. Case Studies
- 6. Data Analysis
- 6.1. Market size and growth forecasts
- 6.2. Mergers and acquisitions
- 6.3. Patent trends
- 6.4. Company filings trends
- 6.5. Hiring trends
- 6.6. Cloud computing timeline
- 7. Companies
- 7.1. Leading cloud computing adopters in oil and gas
- 7.2. Leading cloud computing vendors
- 7.3. Specialist cloud computing vendors in oil and gas
- 8. Sector Scorecard
- 8.1. Integrated oil and gas sector scorecard
- 9. Glossary
- 10. Further Reading
- 11. Our Thematic Research Methodology
- 12. About GlobalData
- 13. Contact Us
Frequently asked questions
What were the cloud computing revenues in the oil and gas sector in 2022?
The cloud computing revenues in the oil and gas sector was $27.8 billion in 2022
What is the market growth rate expected for cloud computing in the oil and gas sector between 2022 and 2026?
The cloud computing revenues in the oil and gas sector is expected to grow at a CAGR of more than 15% between 2022 and 2026.
Which component of the cloud computing in oil and gas value chain will have the largest share of the revenue spending?
SaaS will represent the largest share of this spending, contributing 41% of total revenues in 2026.
Which are the leading adopters in cloud computing in oil and gas?
Some of the leading adopters in cloud computing in oil and gas are Cenovus, Chevron, ExxonMobil, Kuwait Petroleum, Petronas, Repsol, Shell, and Sinopec.
Which are the leading vendors in cloud computing in oil and gas?
Some of the leading vendors in cloud computing in oil and gas are Alibaba, Alphabet (parent company of Google), Amazon, Cisco, Cloud Software Group, Dell Technologies, Docker, DXC Technology, Huawei, Inspur, Kyndryl, Microsoft, Oracle, Progress Software, Rackspace, SAP, and VMware.
Which are the specialist vendors in cloud computing in oil and gas?
Some of the specialist vendors in cloud computing in oil and gas are Avanade, Baker Hughes, Bentley Systems, Dassault Systèmes, Emerson, HCLTech, Kongsberg, Schlumberger, and Schneider Electric.
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