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Technology spend predictions for 2017$
* The CGI Global 1000 outlook brings together the findings, insights and CGI’s point of view on the strategic topics that emerged through face-to-face interviews conducted by CGI consultants with more than 1,000 business and IT leaders across 10 industries and 20 countries between January and April 2016.
© 2017 CGI GROUP INC. cgi.com
76% 44%
The industry’s digital journey is just getting underway, slowed in part by revenue pressures
32% 35%16%
Investigating digital transformation
Conducting proof-of-concept initiatives
Actively executing transformation projects
Seize the opportunity
Learn more at cgi.com/oil-gas or
contact us at [email protected]
Push for operational
excellence acrossthe business
Cost reductionsthrough new IT
delivery models thatcombine cloud and
automation
Oil and gas companies taking aggressive steps toward IT modernization will generate the operational efficiencies needed to alleviate short-to-mid-term economic pressures. Those who seize the opportunity to innovate will build a foundation to survive and even thrive when markets are weak, and have a platform for growth when prices rebound.
CGI helps oil and gas clients achieve digital transformation goals as their end-to-end legacy and digital partner of choice. Our CGI AgileEnergy360 solution strategically integrates BPO and ITO services to improve business outcomes with scalable, industry-specific capabilities enabling lower, more predictable costs.
Constant disruption, supply changes and commodity pricing affect the ability of oil and gas companies to recover and rebound. Budget constraints, along with rising cybersecurity requirements designed to protect data while enabling interoperability, are hindering their ability to invest in digital transformation. Leveraging technology to reduce run costs and innovate to optimize and automate for the future is essential.
Challenge brings opportunity, and the oil and gas industry has plenty of both. In the 2016 CGI Global 1000*, oil and gas executive responses indicated:
Key areas of planned innovation
Digital innovation is essential to increase operationalagility and reduce “run” costs
56%Digitize and automate
business processes
50%Drive IT modernization
56%Embrace new ITdelivery models
39%Operational excellence
and efficiency
Top technology priorities for oil and gas companies
CapExOpEx
14% 11%
#1 industry trend is responding to revenuepressures resulting from low oil prices
Top business priority is restructuring through M&A and diversification