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

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(%)

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(%)

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(%)

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

Overview                                                                                              

– Brief information about the company, its business divisions and its financials

Digital Transformation Strategy                                                      

– A summary of key digital strategies/implementation efforts  of the company

Accelerators, Incubators, and Other Innovation Programs      

– Discusses the company’s key strategic units, innovation labs, incubation and accelerator programs dedicated to technology innovation

Technology Focus                                                                               

– Lists the technology themes pertinent to the industry the company operates in and highlights the themes adopted by the company

Technology Initiatives                                                                       

Discussion about all the technology introductions & partnerships the company has entered

Partnership Network Map                                                               

– A bird’s eye view of all the partnerships/investments/acquisitions that the company has made in the last 3-5 years

ICT Budget and Contracts                                                                 

– The company’s ICT budget segregated into hardware, software, and managed IT services

Key Executives                                                                                      

– Lists key executives and Digital Transformation Executives of the company, typically the key decision makers/influencers

Frequently asked questions

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