StockNews.AI
III
StockNews.AI
34 days

ISG to Study Oil and Gas Service, Solution Providers

1. ISG to release a report on digital solutions for oil and gas firms. 2. The report aims to help companies address volatility and sustainability. 3. AI and cloud tools play crucial roles in operational efficiency. 4. Research includes nearly 130 service providers and covers global trends. 5. Providers assessed on capabilities in digital transformation and asset management.

8m saved
Insight
Article

FAQ

Why Bullish?

ISG's focus on AI and digital solutions for oil and gas signals growth potential. Historical examples include the uptick in tech service firms after similar transformative studies.

How important is it?

The report targets a critical market segment, enhancing ISG’s position as a key market player.

Why Long Term?

The transformations discussed will influence the industry for years, similar to previous trends seen in tech adoptions in energy sectors.

Related Companies

SLBHALCVXXOM
-Upcoming ISG Provider Lens® report will evaluate providers helping companies tackle volatility, regulatory pressures and sustainability through digital innovation STAMFORD, Conn.--(BUSINESS WIRE)--Information Services Group (ISG) (Nasdaq: III), a global AI-centered technology research and advisory firm, has launched a research study examining service and solution providers that deliver AI and other digital technologies to oil and gas companies, enabling them to maintain a competitive edge and address global energy requirements.Oil and gas companies are focused on integrating digital transformation with their sustainability initiatives. This integration will help them gain substantial benefits in terms of cost reduction and operational objectives.Share The study results will be published in a comprehensive ISG Provider Lens® report, called Oil and Gas Industry — Services and Solutions, scheduled to be released in January 2026. The report will cover companies offering AI tools and cloud services, enterprise asset management (EAM) services and solutions, new energy transition services and consulting and digital transformation services. Enterprise buyers will be able to use information from the report to evaluate their current vendor relationships, potential new engagements and available offerings, while ISG advisors use the information to recommend providers to the firm’s buy-side clients. In response to ongoing challenges, such as supply-demand fluctuations, geopolitical uncertainty, price volatility, regulatory pressures and high tariffs, oil and gas companies are gradually accelerating digital innovation. Technology development is revolutionizing the oil and gas value chain. Enterprises are leveraging next-generation digital tools to enable predictive maintenance, real-time monitoring, process automation and informed decision-making. They are also committed to long-term investments in alternative energy projects to meet future market demands. “Oil and gas companies are focused on integrating digital transformation with their sustainability initiatives,” said Iain Fisher, director at ISG. “This integration will help them gain substantial benefits in terms of cost reduction and operational objectives.” ISG has distributed surveys to nearly 130 service and solution providers in the oil and gas industry. Working in collaboration with ISG’s global advisors, the research team will produce four quadrants representing the services and solutions enterprises in this industry are buying, based on ISG’s experience working with its clients. The four quadrants are: AI and Cloud, evaluating providers delivering AI-driven tools and cloud solutions for oil and gas enterprises. Providers are assessed on their ability to optimize business processes and partner with industry associations, regulatory bodies and technology firms. Enterprise Asset Management (EAM) Services, assessing providers offering end-to-end EAM solutions for the oil and gas industry. Providers support lifecycle asset optimization, predictive maintenance and supply chain management by leveraging digital platforms, IoT and automation to maximize asset performance and reduce operational costs. New Energy Services, covering providers of energy transition solutions that enable oil and gas companies to achieve their net zero and decarbonization goals. Providers offer digital energy transition, emission management, carbon capture and hydrogen production solutions, helping enterprises implement sustainability initiatives and comply with the evolving ESG standards. Technology, Transformation and Consulting, evaluating providers delivering digital transformation, consulting and IT modernization services for oil and gas enterprises. Providers are assessed on their ability to undertake business and operations strategy initiatives and their expertise in aligning IT operating models with evolving business requirements. A geographically focused report from the study will cover the global oil and gas market and examine products and services available in the Americas. ISG analyst Swadhin Pradhan (Americas) will serve as the author of the report. A list of identified providers and vendors and further details on the study are available in this digital brochure. Companies not listed as oil and gas service and solution providers can contact ISG and ask to be included in the study. All 2025 ISG Provider Lens® evaluations feature expanded customer experience (CX) data that measures actual enterprise experience with specific provider services and solutions, based on ISG’s continuous CX research. Enterprise customers wishing to share their experience about a specific provider or vendor are encouraged to complete this online survey. Participants will receive a copy of this report in return for their feedback. About ISG Provider Lens® Research The ISG Provider Lens® Quadrant research series is the only service provider evaluation of its kind to combine empirical, data-driven research and market analysis with the real-world experience and observations of ISG's global advisory team. Enterprises will find a wealth of detailed data and market analysis to help guide their selection of appropriate sourcing partners, while ISG advisors use the reports to validate their own market knowledge and make recommendations to ISG's enterprise clients. The research currently covers providers offering their services globally, across Europe, as well as in the U.S., Canada, Mexico, Brazil, the U.K., France, Benelux, Germany, Switzerland, the Nordics, Australia and Singapore/Malaysia, with additional markets to be added in the future. For more information about ISG Provider Lens research, please visit this webpage. About ISG ISG (Nasdaq: III) is a global AI-centered technology research and advisory firm. A trusted partner to more than 900 clients, including 75 of the world’s top 100 enterprises, ISG is a long-time leader in technology and business services that is now at the forefront of leveraging AI to help organizations achieve operational excellence and faster growth. The firm, founded in 2006, is known for its proprietary market data, in-depth knowledge of provider ecosystems, and the expertise of its 1,600 professionals worldwide working together to help clients maximize the value of their technology investments. More News From Information Services Group, Inc.

Related News