South Africa ICT Enterprise Spend in Oil and Gas Sector, Forecast to 2019

South Africa ICT Enterprise Spend in Oil and Gas Sector, Forecast to 2019

The focus of this research service is to understand the key areas of IT spend within the oil and gas sector in South Africa with the objective of highlighting key areas of opportunities for the IT Service providers. The objective is to provide an overview of South Africa’s Macro- environment and its impact on the oil and gas industry; provide insights into the Mining sector‘s value chain and the adoption of ICT services across value-chain participants; provide global and domestic challenges facing the oil and gas sector; highlight the Oil and gas ICT spend in 2016 and offer future forecast insight; and to identify Growth Opportunities within the oil and gas sector for the IT and telecom service providers. The market for the service providers is highly competitive, especially as service providers are offering similar IT solutions and services to enterprises. Differentiation through innovative pricing models and industry knowledge will be a key factor. In order for service providers to remain competitive and differentiate themselves they need to increase industry expertise; build dedicated and industry-focussed teams able to cross-sell; offer innovative branding and price strategies such as pay-per-use models; change their approach from selling service to providing full ICT solutions, that is, to have a more business focus; and to develop contracts with flexible SLAs. Furthermore, enterprises are looking for more flexible contracts that enables to accommodate change in their IT strategy as well change in the overall technology landscape. In doing so, enterprises are of the opinion that they will have better control on the cost and able to implement innovate IT services as needed.

Research Highlights
The top predictions for the Oil and gas Sector in South Africa are as follows:
ICT Spend was estimated to be R0.5 billion in 2015, and is expected to grow at a CAGR of 2% over the forecast period reaching R0.6 billion by 2018. IT hardware, System integration and Fixed connectivity are expected to grow. The key objective is to move to cloud-based services as a means of reducing operational IT cost and footprint.
Oil and gas companies are interested in industrial mobility, remote management, digital oil field, big data technologies such as master data management, scenario-based analytics, predictive analytics, and cloud-based services.
Despite tougher economic challenges, the oil and gas industry is investing in ICT solutions to improve exploration and production, increase refining and operational efficiency, and optimise global operations.

  • Executive Summary
    • Key Findings-ICT Spending in the Oil and Gas Sector
    • Strategic Imperatives for IT and Telecom Service Providers
  • Research Overview
    • Research Scope
    • Research Aim and Objectives
    • Market Definitions
    • Market Definitions-ICT Services Adoption Maturity by Industry
  • Global Trends that Will Define the Future of the Oil and Gas Market
    • 6 Global Trends that Define the Future of the Market
    • Why do Oilfields Need Digital Services?
    • Digital Transformation Has the Potential to Address Key Challenges Faced by Oil and Gas Companies
    • The Digital Oilfield is Becoming a `Standard' Outcome Digitalisation Journey
    • Defining the Reality of Digital Oilfield Services
    • Ecosystem-The Who's Who of the Market
    • Technology Convergence Trends to Drive Out Inefficiencies
    • Convergence of People, Process, and Technology Creates a Vortex of Change
    • Digital Oilfield Services-Game Changers and their Impact on Future Landscape
    • The Next Big Thing(s) in the Market
  • South African ICT Spend in the Oil and Gas Sector-An Overview
    • Oil and Gas Sector at a Glance
    • Legislation and Regulatory Framework
    • The Oil and Gas Sector
    • Macro-economic Environment
    • Summary of South Africa's Oil and Gas Sector
    • ICT Services Adoption Maturity by Industry
    • Overview of the Oil and Gas Value Chain
  • Drivers and Restraints
    • Market Drivers
    • Drivers Explained
    • Market Restraints
    • Restraints Explained
    • ICT Spend in the Oil and Gas Sector
    • Competitive Landscape for Service Providers
  • Growth Opportunities and Companies to Action
    • Growth Opportunity 1: ERP Software
    • Growth Opportunity 2: Cloud Technology
    • Growth Opportunity 3: Enterprise Collaboration Software
    • Oil and Gas Sector-5 Major Growth Opportunities
    • Strategic Imperatives for IT and Telecom Service Providers
  • The Last Word
    • The Last Word-3 Big Predictions

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