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. 

Table of contents

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

Table of figures

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 is an Analyst in the Verdantix Operational Excellence practice. His research agenda focuses on covering industrial risk management technologies and the use of Digital Twins and UAVs for asset management. Joe joined Verdantix shortly after being awarded his Masters in Aerospace Engineering from the University of Bristol.

Malavika Tohani

Research Director

Malavika leads the Verdantix Operational Excellence practice. Her current research agenda focuses on digital technologies for Operational Excellence including digital twins and software solutions for industrial risk and asset management. Malavika has over 15 years’ experience in research and strategy consulting. Malavika previously worked at Frost & Sullivan, managing and delivering advisory projects for clients involving expansion, acquisition, benchmarking and product development strategies. Malavika holds a MSc in Economics from Madras School of Economics.

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