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Quick Decision Makers to Succeed in Energy Industry to 2025

01-25-2018 10:48 AM CET | Energy & Environment

Press release from: Reportmarkets

Quick Decision Makers to Succeed in Energy Industry to 2025

To simplify operational process, increased productivity, cost savings and achieve greater efficiency, companies like Saudi Aramco, Sinopec, CNPC, Petro China, ExxonMobil are adapting advanced technologies like robotics and big data analytics. An estimated cost efficiency of up to 20% can be observed in upstream projects through the use of digital technologies.

• Reduced maintenance expenditures- Through new equipment like drones and equipment sensors, continuous monitoring activities and significant maintenance costs are being achieved.
• Increase recovery rates- By adding time lapse dimension to 3D seismic technologies, accurate reservoir limits are being estimates, leading to increased recovery rates
• Efficient supply chain management- By optimizing transport routes, using location planning for networks are expected to boost efficiency in supply-chain management
• Adapt to consumer behaviour- Through big data analytics, quicker and detailed understanding of consumer habits and preferences is being achieved, allowing companies to optimize pricing models, fuel standards and marketing efforts.
• Increased energy efficiency

ReportMarkets is a leading platform of research reports, journals, country and company research, daily news and deals landscapes. To support decision makers, planning, financial and marketing teams across the world, we source thousands of reports from trusted and preferred publishers on key industries.
Our powerful ‘market research tool’ with sophisticated refined search capabilities ensures all potential business opportunities, market insights, outlook and happenings across your industry reach you at the right time.
Free research tool –Public reports with relevance to companies, organizations and universities are compiled in a single location to provide you quick access. The tool makes available most of the top-level information and analysis so that you can spend money on more complex analysis.
Our In-house analysts’ team with wide expertise and experience on specific industry sectors helps you get the right report for your research requirement. Highly motivated team of industry specialists, tech savvy engineers ensure the latest and apt research is ranked at the top providing ease of access to our customers.
ReportMarkets assists our clients to decide on new entry strategies, potential markets and forecasts of global markets based on client's budgetary, geographical and other considerations. We also link up with external industry experts to provide periodic insights, opinion polls, expert opinions on latest developments across industries.

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