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(IT-NEWSWIRE.COM, March 09, 2019 ) The oil & gas industry while initiating the process of exploration, development and production of oil & natural gas produces huge amount of data. This volume of data grows every day, and coming couple of years the data is anticipated to become double of its current volume. The amount and frequency at which the data is growing in the oil & gas industry the industry players are projected to dramatically employ advanced data analytics tool in order to streamline their decision making capabilities.
Data volume in the oil industry has snowballed with a robust speed and handling a large amount of data efficiently becomes very important. Oil companies have always been generating extreme volumes of data at a very high rate on a daily basis. Traditionally, large volumes of data can be very expensive for both oil and gas producers. Such huge costs can significantly impact the financial performance of the company.
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Top Companies profiled in this report include: SAS Institute Rolta India Limited Cray Inc. Western Digital SAP AG Tableau Software Teradata IBM Corp OAG Analytics TIBCO Software Inc.
As leading companies in data analytics in oil & gas market continues to broaden their addressable market, by expanding its current product portfolio, diversifying its client base, and developing new applications and markets, all the prominent players faces an increasing level of competition, both from start-ups as well the leading global technology and industrial companies in the world. Various companies in the value chain are acquiring other local players and operating through joint ventures with retailers in the market to maintain their position in market and provide efficient solutions to its customers.
What our report offers: Data Analytics Market in Oil & Gas Market share assessments for the regional and country level segments Market share analysis of the top industry players Strategic recommendations for the new entrants Data Analytics Market in Oil & Gas Market forecasts for a minimum of 7 years of all the mentioned segments, sub segments and the regional markets Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations) Strategic recommendations in key business segments based on the Data Analytics Market in Oil & Gas market estimations Competitive landscaping mapping the key common trends
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The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides overview and forecast of the global data analytics in oil & gas market based on various segments. It also provides market size and forecast estimates from year 2017 to 2027 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South & Central America. The data analytics in oil & gas market by each region is later sub-segmented by respective countries and segments. The report covers analysis and forecast of 18 countries globally along with current trend and opportunities prevailing in the region.
Reasons to Buy the Report
The report helps the market leaders and new entrants in the data analytics in oil & gas market in the following ways:
The report segments the market into various subsegments; hence, it covers the market comprehensively. The report provides the closest approximations of the revenue numbers for the overall market and its subsegments. The report helps understand the overall growth of the market. It provides information on the key market drivers, restraints, challenges, and opportunities. The report helps better understand competitors and gain more insights to strengthen organizations position in the market. In addition to this, the report presents the positioning of the key players based on their product offerings and business strategies.
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The Insight Partners
Sameer Joshi
+1-646-491-9876
sam@theinsightpartners.com
Source: EmailWire.Com
Source: EmailWire.com
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