target audience: TECH BUYER Publication date: Sep 2022 - Document type: IDC MarketScape - Doc Document number: # EUR147587021
IDC MarketScape: EMEA Service Providers for Energy Transition and New Business Models for Oil and Gas Companies 2022 Vendor Assessment
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Abstract
This IDC MarketScape evaluates leading energy transition and new business model services providers by qualitatively and quantitatively assessing their capabilities and strategies regarding their offerings across all value chain segments of the oil and gas (O&G) industry. With its EMEA perspective, it aims to support O&G organizations in choosing their partners in their path to net zero. It provides context for companies evaluating vendors in this area, examines vendors' success in the marketplace, and looks at how vendor offerings are evolving. This IDC MarketScape covers 14 vendors. The evaluation is based on a comprehensive and rigorous framework that assesses them relative to the criteria and highlights the most influential factors for success in this market, both in the short and long term.
"Pivoting to a sustainable business model and achieving net zero is a long-term endeavor that entails strong stakeholder commitments," said Gaurav Verma, research manager, IDC Energy Insights. "IT business partners that could bring vision, research, and succinct analysis-based consulting capabilities; customer-centric design and innovation; and agile IT operations capabilities will be able to add differentiated value to oil companies' energy transition journeys."