Infosys Positioned as a Leader in the IDC MarketScape: Worldwide Oil and Gas Upstream Asset Management Digital Services 2021 Vendor Assessment

Infosys has been positioned as a Leader in the IDC MarketScape: Worldwide Oil and Gas Upstream Asset Management Digital Services 2021 Vendor Assessment (Doc #US47025221, October 2021). The report notes Infosys' solutions that aim to assist clients in running efficient operations across remote centers and offer a prebuilt analytics engine for asset life-cycle management and asset performance management.

The IDC MarketScape evaluated five digital services providers in the upstream oil and gas (O&G) industry based on their current capabilities and future strategies. Infosys was recognized for its services which include end-to-end asset management — planning, procurement, design, asset life-cycle management, asset performance management, operations, and integration and advance analytics. Infosys was also acknowledged for bringing the service design concept into the operational technology (OT) space and implementing service management principles for its customers.

The report further mentioned Infosys’ strengths in the following areas:

  • Industry expertise: End-to-end services is provided across the entire O&G value chain (exploration and production, energy trading and risk management, refining and marketing). This is supported by technology/OT/IT, IoT, and other services.
  • Investment in innovation: AR platform for equipment maintenance, blockchain-powered Proppant solution, smart oilfield services solution, KRTI 4.0 (digital twin, knowledge, and connectivity)
  • Ecosystem: Wide range of technology partnerships with top providers to the industry; over 100 strategic relationships with O&G companies, oil field services, pipeline companies, and EPC and chemical companies

To read the excerpt, please visit: IDC MarketScape 2021: Infosys Named a Leader in Oil and Gas Upstream Asset Management Digital Services

IDC MarketScape vendor assessment 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.

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