Abstract
This Energy Insights report presents a comprehensive view of the latest IT trends, challenges, and opportunities that will shape the U.S. oil and gas industry in 2008. From reporting on the general health of the industry, zeroing in on the fastest-growing geographic segments and top technology buyers, to key IT budget and industry metrics, this guide gives oil and gas companies and IT vendors a bird' s-eye view of everything they need to know to build a go-to-market plan for the coming year. With its unique blend of key historical data and top predictions for 2008, this document is an essential tool for sales territory planning, resource allocation, and vertical market strategy refinement.
"Dwindling sources of hydrocarbons contrasted with record profits make the oil and gas industry an interesting market. Oil and gas organizations must find new sources of hydrocarbons and more efficiently extract from existing sources. Their profits mean that IT investment is less constrained than in many other verticals. Yet oil and gas organizations are cautious IT investors. Growth in U.S. IT spending will be average, at 5.4%." - Jill Feblowitz, practice director, Energy Insights
Table of Contents
- Table of Contents
- Energy Insights Opinion
- In This Report
- Situation Overview
- Industry Health and Outlook for 2008
- Industry Shape and Size
- Figure: U.S. IT Spending Opportunity by Industry
- Industry Indicators and Key Business Metrics
- High Demand for Crude Oil and Refined Products
- Energy Prices
- Industry Financial Health
- Table: Top 15 Integrated Oil and Gas Companies in the PFC Energy Top 50, 2007
- Table: U.S. Oil and Gas Industry Health and Outlook for 2008: Industry Indicators and Key Metrics
- Energy Policy and Regulation
- Aging Workforce
- Figure: U.S. Workforce Age Distribution by Industry
- Industry Health and Outlook for 2008
- Future Outlook
- Business Initiatives That Will Drive IT Investments in 2008
- Figure: U.S. Oil and Gas Industry Top Critical Business Initiatives, 2007
- 2008 Predictions
- 2008 IT Investment Priorities for the Oil and Gas Industry in North America
- Table: North America Oil and Gas Industry IT Spending, 2007 and 2008 ($M)
- Figure: North America Oil and Gas Industry IT Budget Share by Segment, 2008
- 2008 Software Investment Priorities for the Oil and Gas Industry
- Table: North America Oil and Gas Industry Software Spending, 2007 and 2008 ($M)
- Figure: U.S. Oil and Gas Industry Emerging Technology Investment Plans, 2008
- 2008 Infrastructure Investment Priorities for the Oil and Gas Industry
- Table: North America Oil and Gas Industry Hardware Spending, 2007 and 2008 ($M)
- Table: U.S. Resource Industries Storage Systems Spending by Installation Environment, 2007 and 2008 ($M)
- Figure: Share of Installed Servers by Platform, 2007
- Table: U.S. Resource Industries Server Spending by Platform, 2007 and 2008 ($M)
- 2008 Communications Investment Priorities for the Oil and Gas Industry
- Figure: U.S. Oil and Gas Industry Communications Technology Investment Plans, 2008
- 2008 Services Investment Priorities for the Oil and Gas Industry
- Table: North America Oil and Gas Industry Services Spending, 2007 and 2008 ($M)
- Figure: U.S. Oil and Gas Industry Business Process Outsourcing Investment Plans, 2008
- Figure: U.S. Oil and Gas Industry Sourcing Preference for Business Process Outsourcing
- Essential Guidance
- Going to Market in the Oil and Gas Industry
- Table: Critical Business Issues Facing Key Decision Makers in the Oil and Gas Industry
- Table: U.S. Resource Industries IT Spending for the Top 5 States, 2008
- Table: U.S. Resource Industries IT Spending Growth for the Top 5 States, 2008
- Competing Effectively in the Oil and Gas Industry
- Table: Worldwide Revenue for the Top 5 IT Vendors, 2006
- Table: Worldwide Revenue for the Top 5 Software Vendors, 2006
- Table: U.S. Revenue for the Top 5 Services Vendors, 2006
- Learn More
- Related Research
- Synopsis

