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(IT-NEWSWIRE.COM, June 24, 2015 ) The report, Global Digital Oilfield Market 2015-2019, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the global digital oilfield market forecast and its growth prospects in the coming years. The report also includes the segmentation on the basis of technology and services, and geography. The report also includes a discussion of the key vendors operating in this market.
The basic meaning of digital oilfield is the application of advanced software, hardware, and data analysis techniques to improve the productivity of oil and gas production operations.
In the era of ever growing demand for energy and end of "Easy Oil," digital oilfields help maximize oilfield recovery, eliminate non-productive time, and increase ROI and profitability through integration of workflows and design. The workflows combine business process management with advanced information technologies to streamline or automate various operations performed by different functional teams. Digital oilfield technologies affect and enhance various functionalities of oilfields operations, such as:
Production optimization
Collaboration
Data integration
Decision support
Workflow automation
Operational efficiency
The analysts forecast the global digital oilfield market to grow at a CAGR of 5.14% over the period 2014-2019.
Purchase a Report Copy at http://www.rnrmarketresearch.com/contacts/purchase?rname=393329 .
Key Vendors
Halliburton
Honeywell International
National Oilwell Varco
Schlumberger
Weatherford
Other Prominent Vendors
Accenture
Kongsberg Gruppen
Microseismic
Paradigm
Pason Systems
Petrolink
Redline Communications Group
Siemens
vMonitor
Inquire before Buying at http://www.rnrmarketresearch.com/contacts/inquire-before-buying?rname=393329 .
Market Driver
Increasing demand for oil and gas
Market Challenge
Resistance to change
Market Trend
Need for energy security
Key Questions Answered in this Report
What will the market size be in 2019 and what will the growth rate be
What are the key market trends
What is driving this market
What are the challenges to market growth
Who are the key vendors in this market space
What are the market opportunities and threats faced by the key vendors
What are the strengths and weaknesses of the key vendors
Inquire for Discount at http://www.rnrmarketresearch.com/contacts/discount?rname=393329 .
About Us: RnRMarketResearch.com is an online database of market research reports offer in-depth analysis of over 5000 market segments. The library has syndicated reports by leading market research publishers across the globe and also offer customized market research reports for multiple industries.
RnR Market Research
Ritesh Tiwari
1 888 391 5441
sales@rnrmarketresearch.com
Source: EmailWire.Com
Source: EmailWire.com
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