Measurement and testing
Will measurement and testing drive oil IT sales?
Aug 16 2010
The market research firm explains that the oil industry is one of the IT sector's developing vertical markets, offering vendors the chance to target specific needs within the channel.
Measurement and testing solutions could be among these, along with specific areas such as flow rate analysis and more general options for personal safety and other such issues.
Due to the market size of the oil industry - and its hi-tech nature - Forrester argues that there exists a substantial opportunity for IT vendors able to serve the needs of the sector.
"The ICT industry is facing the next big wave of verticalisation," the report asserts.
"With business challenges becoming increasingly complex, ICT solutions to address and solve these challenges need to become more tailored."
The report follows forecasts from analyst IDC made early in August, when the research firm foresaw increased IT spending among oil and gas operators in the wake of the Deepwater Horizon leak in the Gulf of Mexico.
Digital Edition
PIN 25.6 Buyers' Guide
January 2025
Buyers' Guide Directory - Product Listings by Category - Suppliers Listings (A-Z) Articles Analytical Instrumentation - ASTM D7042: The Quantum Leap in Viscosity Testing Technology -...
View all digital editions
Events
Jan 20 2025 San Diego, CA, USA
Jan 22 2025 Tokyo, Japan
Jan 25 2025 San Diego, CA, USA
SPE Hydraulic Fracturing Technology Conference and Exhibition
Feb 04 2025 The Woodlands, TX, USA
Feb 05 2025 Guangzhou, China