IDC FutureScape Figure

Executive Summary

IDC FutureScape Predictions

Summary of External Drivers

Predictions: Impact on Technology Buyers

Prediction 1: By 2022, 70% of Upstream Operators Will Use Edge Computing to Support Field Mobility in Operations

Associated Drivers

IT Impact

Guidance

Prediction 2: By 2021, 40% of the Oil and Gas Value Chain Will Utilize AI-Supported Supply Chain Applications

Associated Drivers

IT Impact

Business Impact

Guidance

Prediction 3: By 2023, 35% of Services and Supplies Will Be Procured Through Digital Marketplaces

Associated Drivers

IT Impact

Guidance

Prediction 4: By 2025, 50% of Onsite Drilling Rig Crew Will Be Able to Perform Functions Remotely

Associated Drivers

IT Impact

Guidance

Prediction 5: By 2021, 75% of Refineries Will Use APM Platforms Supported by Predictive Analytics

Associated Drivers

IT Impact

Guidance

Prediction 6: By 2021, Over 50% of Upstream Companies Will Increase Their Cloud Spending for Moving Business-Critical Applications and Data to a Multicloud Environment

Associated Drivers

IT Impact

Guidance

Prediction 7: By 2023, 70% of Oil Majors Will Deploy Digital Twin at Their New Production Facilities to Have Real-Time Visualization of Asset Performance

Associated Drivers

IT Impact

Guidance

Prediction 8: By 2022, Over 60% of O&G Companies' CISOs Will Raise Investments for Companywide Cyberdefense to Combat OT Security and the Threat to the Expanded Digital Perimeter

Associated Drivers

IT Impact

Guidance

Prediction 9: By 2023, Over 75% of Oil Majors Will Invest into AI to Ensure Highly Secure Digital HSE Practices

Associated Drivers

IT Impact

Business Impact

Guidance

Prediction 10: By 2023, 30% of Oil and Gas Transactions Will Leverage Blockchain Technology

Associated Drivers

IT Impact

Guidance

Advice for Technology Buyers

External Drivers: Detail

Accelerated Disruption -- Crisis, Resilience, and Opportunity

Strategic Innovation -- Shaping the Future Enterprise Today

Intelligence Everywhere -- Data Drives Action

Digital Platform -- Ecosystems at Scale

Crisis of Trust -- Meeting Rising Expectations

Digital Divide -- The Imperative of Connectivity

Work Transformation -- Redefining Teams, Skills, and Leadership

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