Infosys Positioned as a Leader in IDC MarketScape for Oil and Gas Professional Services
Infosys today announced that it has been positioned as a Leader in the IDC MarketScape: Worldwide Oil and Gas Professional Services 2016 Vendor Assessment report. The report evaluated 13 service providers in the Oil and Gas professional services space across various parameters.
According to the IDC MarketScape report, Infosys has been positioned as a Leader for aggressively building market share driven by automation, as-a-service economy, Artificial Intelligence (AI), and machine intelligence which are core to its oil and gas practice's growth strategy.
The report states that Infosys has significantly moved up the value chain in the oil and gas IT consulting space due to the acquisition of Noah Consulting in the information management consulting space and its investments in the AI space. Infosys has also invested in multiple Centers of Excellence in Exploration and Production, pipeline management, refining and marketing, energy trading and risk management, geographic information systems, hydrocarbon accounting, and alternative energy to drive superior business performance.
Source: IDC MarketScape: Worldwide Oil and Gas Professional Services 2016 Vendor Assessment (doc #US40842116, August 2016)
About IDC MarketScape: IDC MarketScape vendor analysis model is designed to provide an overview of the competitive fitness of ICT (information and communications technology) suppliers in a given market. The research methodology utilizes a rigorous scoring methodology based on both qualitative and quantitative criteria that results in a single graphical illustration of each vendor's position within a given market. IDC MarketScape provides a clear framework in which the product and service offerings, capabilities and strategies, and current and future market success factors of IT and telecommunications vendors can be meaningfully compared. The framework also provides technology buyers with a 360 degree assessment of the strengths and weaknesses of current and prospective vendors.