Strategic Focus: APM Software Applications For The Oil And Gas Industry

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Executive Summary

In this report, we look at the significance of APM software for the oil and gas industry and the presence of APM software suppliers in terms of the number of customers they have across the four different segments of the oil and gas value chain. Oil and gas accounted for the highest share of spend on APM solutions in 2020. This research finds that the downstream segment is the strong point of most vendors; GE Digital and Honeywell have a particularly large number of customers here. AVEVA, Bentley Systems and GE Digital have a large number of offshore customers, while DNV has a strong presence in midstream. 
 
APM Software Applications Are Crucial For The Oil And Gas Industry  
Three Factors Drive Buyers In The Oil And Gas Industry To Focus On APM Software Applications 
Only A Selection Of Software Suppliers Have A Robust Customer Base Across The Oil And Gas Value Chain
Buyers In The Oil And Gas Industry Should Select APM Software Applications With An Industry Track Record
Figure 1. APM Software Vendor Presence Within The Oil And Gas Industry
Figure 2. Capabilities Of APM Software Applications For The Oil And Gas Industry 

About the Authors

Joe Osborne

Joe Osborne

Analyst

Joe is an Analyst in the Verdantix Operational Excellence practice. His research agenda focuses on covering industrial risk management technologies and the use of Digital Twin…

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Malavika Tohani

Malavika Tohani

Research Director

Malavika is a Research Director at Verdantix, guiding research that explores how digital technologies and services are reshaping industrial operations to become safer, more ef…

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