LONDON--(BUSINESS WIRE)--Infiniti Research, a global market and customer intelligence solutions provider, has announced the completion of their new competitor research study on the oil and gas industry. A leading offshore drilling firm wanted to conduct a competitor research-based study to gain strategic insights into the global oil and gas market.
According to the oil and gas industry experts at Infiniti, “Recent market research studies state that offshore drilling companies who do not meet the regulatory requirements are at a higher risk of extended downtime due to their inefficiency in software management.”
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Since the industrial revolution, oil and gas companies have played a crucial role in bringing power to people across the globe. As a result of which the oil and gas industry is one of the most prominent industries in the world today.
With the rapid technological advancements, digitization is taking the world and in fact, every industry by storm and the oil and gas industry is no exception. This has prompted leading offshore drilling companies to invest huge amounts in procuring and implementing sophisticated software systems. The ongoing digital transformations have not only benefited offshore drilling firms but have also posed major problems for players. In addition, the growing demand for renewable energy and the advancements in the process of extracting hydrocarbons have greatly impacted the business processes in the oil and industry, especially, the offshore drilling segment.
The competitor research assessment solution presented by Infiniti helped the offshore drilling client to gain comprehensive insights into the competitive landscape by tracking the different aspects of competition which included – price structures, R&D, products, and other similar aspects.
To know more about our competitor research assessment solution, get in touch
This competitor research assessment solution provided benefits that helped the client to:
- Assess and understand the current oil and gas industry landscape
- Develop an enhanced pricing strategy for the services offered
- To know more about our competitor research assessment solution, request a proposal
This competitor research assessment solution provided predictive insights on:
- The competitive landscape, market trends, and new market opportunities
- Analyzing the level of competitiveness in ancillary offshore drilling market segments
- To read more about the scope of our engagement, get in touch
View the complete competitor research assessment study here:
About Infiniti Research
Established in 2003, Infiniti Research is a leading market intelligence company providing smart solutions to address your business challenges. Infiniti Research studies markets in more than 100 countries to help analyze competitive activity, see beyond market disruptions, and develop intelligent business strategies.
With 15+ years of experience and offices across three continents, Infiniti Research has been instrumental in providing a complete range of competitive intelligence, strategy, and research services for over 550 companies across the globe.