Our client, an integrated oil & gas company, wanted to understand various digital initiatives adopted by its competitors in their business operations and position itself in order to identify the areas where either the client lags or has an upper hand.
The support and insights FutureBridge delivered helped our client in understanding the competitor strategies in order to position themselves with a better digitization strategy. Our analysis answered several of our client’s critical business questions including::
Digitization brings various benefits in day to day operations and cost reduction. How can an oil and gas player assess its competitive position in digital initiatives adoption?
FutureBridge conducted extensive primary and secondary research to identify deals signed by oil players with the digital service providers and to uncover collaborations and acquisitions related to digitization. Our research included:
FutureBridge further provided insights on how IOCs are using the digitization concepts to restructure their businesses and technology maturity level that could be achieved in the next 10 years benefiting the oil and gas sector.
Also, FutureBridge analyzed the level of economic impact for each BU (upstream, midstream, and downstream) of the client.
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