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Oil & gas mobility market restraints - increasing number of cyber attacks explored in latest research

IT Market Research

Technique that transforms conventional practices used in oil & gas industry into mobile performance driven approach is termed as oil & gas mobility application.

Mobility in oil & gas sector reduces the time cycle needed for the performance of routine operations. Furthermore, mobility ensures maximum use of the available resources.

Besides this, mobility provides the much required flexibility of performing tasks from different locations at any given time. Mobility ensures the task can be shared conveniently within an enterprise.

This enables the management to zero in on smarter and quicker decision without interfering the workflow. Mobility focuses on associated fields of BI, data management and more.

Advent of technological developments paired with the ongoing demand for exploring as well as producing oil & gas efficiently is influencing market growth. Furthermore, identifying the best ways to create resources including technology, data and affordable procedures are the most important factors driving the oil & gas mobility market.

Lack of awareness about the benefits of mobility application has hampered the growth of the market to a greater extent. On the other hand, growing need for relevant ground based data strategically to lower the turnaround time, operating costs and boost complete landscape of industrial lifecycle is likely to create greater opportunities.

The oil & gas mobility market is segmented based on software, deployment model, services, user type and geography. The software discussed in the market research report consists of material management, asset management, data management, mobile analytics and more.

Moreover, the deployment model covered during the study includes on premise and hosted. Services analysed in the market research report are integration services, professional services and cloud services.

User types examined in the report includes small and medium businesses and enterprises. Regions such as North America, Europe, Asia -Pacific and LAMEA are anticipated to witness tremendous growth.

A closer look at the competitive landscape reveals that major IT brands are busy launching solutions and generating clients in the same month itself. Prominent market players are also seen acquiring new companies or local market players to maintain their competitive edge.

Other business strategies favored by the companies include constant upgradation, joint ventures and collaborations. The key market players active in the oil & gas mobility market include HP, SAP SE, Oracle, IBM, Cisco, Wipro, Infosys, Microsoft and Cognizant Technology Solutions

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