Major drivers of this market are major slump in oil prices and the emergence of big data and advanced analytics for fostering and enhancing operational efficiencies.Growing trends of mobile computing and rapidly increasing adoption of hybrid cloud are the key opportunities that would fuel the market growth.
Pune, India -- (SBWIRE) -- 04/17/2018 -- Oil and gas sector deals with a huge volume of data, which is significantly sensitive as it constitutes to the national income of many countries. Cloud applications are solutions based on Software-as-a-Service platform for storing and accessing critical data. The software solutions offered by cloud-based service providers specifically for oil and gas industry is termed as oil and gas cloud applications. These solutions consist of different offerings from web hosting services offered by local providers to integrated technologies provided by large enterprises with world-class infrastructure.
Global Oil and Gas Cloud Applications Market Estimated to Grow at a Compound Annual Growth Rate (CAGR) of +11% During Forecast Period
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Oil and gas companies require access to real-time data from oil fields and drilling platforms, so that workers can team up and comprehend the data to make them informed regarding production decisions. With the help of cloud technology, energy companies started using real-time data. It helped various oil and gas companies to have solutions for their problem and have quicker access to data created in upstream, midstream, and downstream activities. Cloud applications are solutions based application on software-as-a-service platform and solution offered by cloud-based service for oil and gas industry is known as oil and gas cloud applications.
Top Companies Profiled in this Report includes, IBM, Oracle, SAP SE, Microsoft, SAS Institute, Hewlett Packard Enterprise, TIBCO Software, TABLEAU SOFTWARE, Cisco, Seven Lakes Technologies, PetroCloud LLC, Microsoft, Capgemini, Accenture, Citrix Systems Inc., Larsen & Toubro Infotech Limited, HCL Technologies Limited, Huawei Technologies
Oil and Gas Cloud Applications market research is an intelligence report with meticulous efforts undertaken to study the right and valuable information. The data which has been looked upon is done considering both, the existing top players and the upcoming competitors. Business strategies of the key players and the new entering market industries are studied in detail. Well explained SWOT analysis, revenue share and contact information are shared in this report analysis.
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Recent trends and developments in the global Oil and Gas Cloud Applications market have been analyzed. Opportunities leading to the growth of the market have been analyzed and stated. Drivers and restraints impacting the growth of the market have also been analyzed. A segmentation of the global market has been done for the purpose of a detailed study. The market is segmented on the basis of key criteria. Data on the leading and fastest-growing segments along with what drives them has been given. This report implements a balanced mix of primary and secondary research methodologies for its analysis.
Various factors are responsible behind the market's growth trail, which are studied at length in the report. In addition, the report lists down the restraints that are posing threat to the Global Oil and Gas Cloud Applications market. It also gauges the bargaining power of suppliers and buyers, threat to the new entrants and product substitute, and the degree of competition prevailing in the market. The influence of the latest government guidelines is also analyzed in detail in the report. It studies the market's trajectory between forecast periods.
Oil and Gas Cloud Applications market is segmented on the basis of various parameters. The factors which are impacting the market's growth are studied in detail. The report also presents a overall weaknesses which companies operating in the market must avoid in order to enjoy sustainable growth through the course of the forecast period. Besides this, profiles of some of the leading players operating and encouraging in the growth of the Global market are included in the study. Additionally, using SWOT analysis, markets weaknesses and strengths are analyzed. It also helps the report provide insights into the opportunities and threats that these companies may face during the forecast period.
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Table of Contents
Global Oil and Gas Cloud Applications Market Research Report
Chapter 1 Oil and Gas Cloud Applications Market Overview
Chapter 2 Global Economic Impact on Industry
Chapter 3 Global Market Competition by Manufacturers
Chapter 4 Global Production, Revenue (Value) by Region
Chapter 5 Global Supply (Production), Consumption, Export, Import by Regions
Chapter 6 Global Production, Revenue (Value), Price Trend by Type
Chapter 7 Global Market Analysis by Application
Chapter 8 Manufacturing Cost Analysis
Chapter 9 Industrial Chain, Sourcing Strategy and Downstream Buyers
Chapter 10 Marketing Strategy Analysis, Distributors/Traders
Chapter 11 Market Effect Factors Analysis
Chapter 12 Global Oil and Gas Cloud Applications Market Forecast