Exxon Mobil Corporation – Digital Transformation Strategies
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ExxonMobil Digital Transformation Strategies Report Overview
Exxon Mobil Corporation (ExxonMobil) headquartered is focusing on AI-based technologies for its digital transformation. The annual ICT spending of ExxonMobil was estimated at $1.9 billion for 2023. A major share of this spending is earmarked for acquiring ICT services, software, and hardware from vendors. ExxonMobil is an integrated oil & gas company engaged in exploration, production, transportation and sale of crude oil, natural gas, petrochemicals, petroleum products, and a variety of specialty chemical products such as butyl, polyethylene products, polypropylene, polymer modifiers etc.
Total ICT Spending 2023 | $1.9 billion |
ICT Spend by Function | Data center, Communications, Network, Application, End-User computing, Management, and Service desk |
ICT Spend by Channel | Internal development and maintenance, Technology vendors (direct), Local resellers, Telcos, ICT services providers/consulting firms, Specialist outsourcers, and Systems integrators |
External ICT Spend by Segment | Software (including cloud SaaS), Hardware (including cloud Iaas), ICT services, Consulting, Network and communications, and Others |
Technology Theme Focus | Artificial Intelligence, Big Data, Cloud Computing, IoT, and Alternative Reality |
The ExxonMobil Digital Transformation Strategies report will act as a reference point to understand a company/competitor’s digital strategy. It will also help in understanding the digital preparedness of the company against its peers. Information included in these reports are sourced from a mix of our very own internal database and authentic secondary research links such as company’s annual report, presentations, press releases etc. The report covers overview of the company, its digital transformation strategies, technology focus areas, innovation & accelerator programs, technology introductions, technology partnerships, and ICT spending among others.
Digital Transformation Strategies
ExxonMobil is using artificial intelligence based digital solutions to optimize operations and lower greenhouse gas emissions. The company has deployed a smart assistant called Sofia that uses AI and voice recognition software to help operators improve the performance of refineries. The company has also deployed a computer vision enabled program which allows plant operators to monitor and lower the quantity of particulate matter in flares by improving operating conditions.
To gain more insights on digital transformation strategies and initiatives of ExxonMobil, download a free report sample
ExxonMobil Technology Theme Focus
ExxonMobil is utilizing number of emerging technologies including artificial intelligence, big data, cloud computing, IoT, and alternative reality among others to enhance operational efficiencies, and offer better customer service.
ExxonMobil Technology Focus
To know about other technology themes under focus for the company, download a free report sample
ExxonMobil Technology Initiatives
ExxonMobil has been involved in several strategic technology partnerships and collaborations, technology developments and roll outs, and technology acquisitions over the past few years. For instance, in 2021, ExxonMobil launched SmartLane, an AI-powered solution that helps plant operators apply the correct quantity of chemical ingredients for manufacturing products such as hand sanitizers, surgical gowns, face masks etc., which are made from petroleum byproducts.
For more insights on other technology initiatives of ExxonMobil, download a free report sample
ExxonMobil ICT Spend by Function
- Data center
- Communications
- Network
- Applications
- End-user computing
- Management
- ICT Service desk
ExxonMobil ICT Spend by Function, 2023(%)
For more insights on ICT spending by function, download a free report sample
ExxonMobil ICT Spend by Channel
- Internal development and maintenance
- Technology vendors (direct)
- Local resellers
- Telcos
- ICT services providers/consulting firms
- Specialist outsourcers
- Systems integrators
ExxonMobil ICT Spend by Channel, 2023(%)
For more insights on ICT spending by channel, download a free report sample
ExxonMobil External ICT Spend by Segment
- Software (including Cloud SaaS)
- Hardware (including Cloud Iaas)
- ICT services
- Consulting
- Network and communications
- Others
ExxonMobil External ICT Spend by Segment, 2023(%)
For more insights on external ICT spending by segment, download a free report sample
Scope
This report provides:
- Insight into ExxonMobil’s technology activities.
- Insights of its innovation hubs and accelerator programs.
- Overview of technology initiatives covering partnerships, and technology introductions.
- Insights on each technology initiative including technology theme, objective, and benefits.
- Details of estimated ICT budgets.
Reasons to Buy
- Gain insights into ExxonMobil’s technology operations.
- Gain insights into its technology strategies and innovation initiatives.
- Gain insights into its technology themes under focus.
- Gain insights into its various partnerships, and technology introductions.
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Table of Contents
Frequently asked questions
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What was the total ICT spending of ExxonMobil in 2023?
The annual ICT spending of ExxonMobil was estimated at $1.9 billion in 2023.
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Which was the leading ICT spending category by function for ExxonMobil?
Network was the leading ICT spending category by function for ExxonMobil in 2023.
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Which was the leading ICT spending category by channel for ExxonMobil?
Internal development and maintenance was the leading ICT spending category by channel for ExxonMobil in 2023.
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Which was the leading ICT spending category by segment for ExxonMobil?
Software (including cloud SaaS) was the leading ICT spending category by segment for ExxonMobil in 2023.
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What are the key technology themes in focus for ExxonMobil?
The key technological theme in focus for ExxonMobil are artificial intelligence, big data, cloud computing, IoT, and alternative reality.
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