The oil industry is expected to significantly increase spending on cloud computing solutions and advanced analytics. By 2030, companies within the sector are forecast to spend over 12 billion U.S. dollars on the IT service alone. This would be nearly four times as much as spending on advanced analytics in that year.
Projected expenditure of oil industry worldwide on cloud computing and advanced analytics from 2019 to 2030
(in billion U.S. dollars)
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Statista. (May 18, 2020). Projected expenditure of oil industry worldwide on cloud computing and advanced analytics from 2019 to 2030 (in billion U.S. dollars) [Graph]. In Statista. Retrieved December 30, 2024, from https://www.statista.com/statistics/522088/global-oil-industry-spend-on-it-services/
Statista. "Projected expenditure of oil industry worldwide on cloud computing and advanced analytics from 2019 to 2030 (in billion U.S. dollars)." Chart. May 18, 2020. Statista. Accessed December 30, 2024. https://www.statista.com/statistics/522088/global-oil-industry-spend-on-it-services/
Statista. (2020). Projected expenditure of oil industry worldwide on cloud computing and advanced analytics from 2019 to 2030 (in billion U.S. dollars). Statista. Statista Inc.. Accessed: December 30, 2024. https://www.statista.com/statistics/522088/global-oil-industry-spend-on-it-services/
Statista. "Projected Expenditure of Oil Industry Worldwide on Cloud Computing and Advanced Analytics from 2019 to 2030 (in Billion U.S. Dollars)." Statista, Statista Inc., 18 May 2020, https://www.statista.com/statistics/522088/global-oil-industry-spend-on-it-services/
Statista, Projected expenditure of oil industry worldwide on cloud computing and advanced analytics from 2019 to 2030 (in billion U.S. dollars) Statista, https://www.statista.com/statistics/522088/global-oil-industry-spend-on-it-services/ (last visited December 30, 2024)
Projected expenditure of oil industry worldwide on cloud computing and advanced analytics from 2019 to 2030 (in billion U.S. dollars) [Graph], Statista, May 18, 2020. [Online]. Available: https://www.statista.com/statistics/522088/global-oil-industry-spend-on-it-services/
