target audience: TECH BUYER Publication date: Mar 2024 - Document type: Tech Buyer Presentation - Doc Document number: # EUR151918524
Fueling the Future: AI & Generative AI in Digital Oil & Gas Enterprises
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Abstract
This IDC Tech Buyer Presentation discusses IDC Energy Insights' view of AI and generative AI (GenAI) adoption in the worldwide oil & gas (O&G) industry in 2024 and beyond. It combines IDC research, evidence from IDC surveys (IDC Energy Insights' AI Path Survey, IDC's GenAI ARC Survey), and market evaluations. This presentation illustrates AI spending, maturity, and use cases, alongside insights into GenAI adoption, concerns, spending sentiments, and strategic approaches in the global O&G industry.
"The recent surge in AI adoption within the oil & gas industry has ignited a captivating discussion about companies' intentions and the future of generative AI," said Gaurav Verma, global oil and gas industry research and advisory lead, IDC Energy Insights.