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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.
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