Portland, OR -- (SBWIRE) -- 09/27/2017 -- Big data analytics is the process of examining large and varied data sets to help organizations make more informed business decisions. Further, the introduction of big data in oil and gas sector has increased the efficiency of data management, integrate real-time production, maintenance, and engineering data to improve decision-making, efficiency, and safety.
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Digital monitoring of machines and equipment is expected to fuel the market during forecast period. Further, analytics-based work management programs that help in reducing downtime and increase in production is also anticipated to boost the market growth. However, breach in data security is expected to hinder the market growth. Moreover, rise in adoption of cloud-based subscription programs is one of the major growth opportunities for the Big Data in Oil and Gas Sector Consumption Market.
Key players profiled in the report include IBM Corporation, Microsoft Corporation, Amazon Web Services, SAP SE, Oracle Corporation, Splunk Inc., Hewlett-Packard Co., Teradata Corporation, Cloudera Inc., and Tableau Software, Inc.
-This report provides an extensive analysis of the current and emerging market trends and dynamics in the global big data in oil and gas consumption market.
-In-depth analysis is conducted by constructing market estimations for the key market segments between 2016 and 2023.
-This report entails the detailed quantitative analysis of the current market and estimations through 2016-2023, which assists in identifying the prevailing market opportunities.
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