Market Research Report

Business Strategy: Cloud - More Traction in Oil and Gas

cover Published by IDC Energy Insights
Published Product code 246071
Content info Pages: 16
Price

Introduction

This IDC Energy Insights report examines the receptivity of the oil and gas industry to the use of cloud services. It is intended to provide guidance to CIOs, CTOs, and exploration and production business leaders in evaluating cloud services as an alternative to capital investment in IT infrastructure in-house. IDC Energy Insights presents up and coming use cases for cloud in the oil and gas industry and guidance on how to approach development of a cloud strategy.

"There has been an uptick in adoption of cloud services by oil and gas companies in the last year," according to Jill Feblowitz, vice president, Worldwide Oil and Gas IT Strategies. "As cloud suppliers are able to overcome barriers such as the need for security, high availability, and bandwidth, we expect to see cloud go beyond IT management such as data storage to services for unconventional resources and collaboration supporting oil field development and production. This is a good time for oil and gas companies to develop an enterprise cloud strategy."

Table of Contents

Table of Contents


IDC Energy Insights Opinion


In This Study


Situation Overview


  • Defining the Cloud

  • IT in Oil and Gas

  • Oil and Gas Acceptance of Cloud

    • Cloud Sees an Uptick in Oil and Gas

      • North America

      • Europe

    • Motivations for Cloud Adoption

      • Cloud Appeal for Mergers, Divestitures, and Acquisitions

    • Security Is Still the Biggest Barrier to Cloud Adoption

      • North America

      • Europe

The Approach

  • Cloud Initiatives Are One-Off Projects Rather Than Enterprise

    • North America Oil and Gas Tends to Generic Uses of Cloud

    • Europeans Use More of a Mix of Cloud for Generic and Industry-Specific Applications

    • Oil and Gas Prefer Private Cloud for Core Operations

  • Use of Cloud in Exploration and Production

Future Outlook

Essential Guidance


  • Actions to Consider

Learn More

  • Related Research

  • Synopsis

Figure: North American Adoption of Cloud in Oil and Gas, 2011 and 2012

Figure: Perceived Benefits of Public Cloud: Europe


Figure: Barriers to Cloud Adoption: North America


Figure: Barriers to Public Cloud Adoption: Europe


Figure: Technologies Delivered via Cloud: North America


Figure: Generic Technologies in Production Using Cloud: Europe


Figure: Industry-Specific Technologies in Production or Trial Using Cloud: Europe


Business Strategy: Cloud - More Traction in Oil and Gas published by IDC Energy Insights in June 27, 2012. This report consists of Pages: 16 and the price starts from US $ 4500.

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