Connectivity and Convergence in Oilfields

Building Blocks of a Billion Dollar Connected Oilfield Market by 2020

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A highly profitable blue ocean market emerges in oilfields for a solution provider who offers a connected platform to host diverse applications and addresses the need to enhance connected efficiency across wide geographical assets. Offering high-end enterprise-wide managed oilfield services through a connected platform will enable the solution provider to obtain a larger share of the wallet. Increasing end-user focus on integrated asset management and optimization drives the need for connected oilfields to achieve overall efficiency across the assets.

Table of Contents

Executive SummaryKey FindingsCurrent and Future OutlookResearch Scope, Aim, Objectives, Background, and MethodologyResearch Scope, Aim and ObjectivesKey Questions This Study Will AnswerResearch BackgroundResearch MethodologyKey Market Participant Groups in This StudyDefinitions and SegmentationProduct DefinitionsOil and Gas Industry Segmentation Connectivity and Convergence in OilfieldsConnectivity and Convergence Underpins Every Other MegatrendParadigm Shift Towards Connected WorldTectonic Shift in Situational Awareness and Decision-making ProcessVision of the FutureIndustrial Data Revolution—Mountains of Data, Molehills of InsightsFuture Needs Self-Aware Platform to Autonomously Adapt its BehaviorCommunication Roadblocks Hinder Seamless ConnectivitySingle Platform Leveraging Converged Networks is the New NeedIndustry Challenges Fire Innovation in Connectivity Fueled by CapexIndustry-specific Applications Key to SuccessFuture of Connected Oilfield EcosystemMarket Dynamics in Automation EcosystemIntegrated Asset Management and OptimizationUtilization of Cloud Services Optimizes Upstream Recovery OperationsDigital Transformation in Oil and GasStrategic Partnerships in Connectivity and Convergence Market Key to an Integrated PlatformManaged Oilfield ServicesManaged Oilfield Services (continued)Conclusions and Future OutlookThe Last Word—3 Big PredictionsLegal DisclaimerThe Frost & Sullivan StoryThe Frost & Sullivan StoryValue Proposition—Future of Your Company & CareerGlobal PerspectiveIndustry Convergence360º Research PerspectiveImplementation ExcellenceOur Blue Ocean Strategy

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