target audience: TECH BUYER  Publication date: Apr 2024 - Document type: Tech Buyer Presentation - Doc  Document number: # EUR151991024

Decoding Digital Twins and Analyzing Their Value for Oil & Gas Companies

By:  Gaurav Verma Loading


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This IDC Tech Buyer Presentation analyzes how oil & gas (O&G) companies from the entire value chain — from upstream to downstream — are adopting digital twins worldwide. In particular, the presentation explores drivers, challenges, adoption trends, business benefits, use cases, and technology capabilities for digital twins. The presentation also provides real-life examples of digital twin implementations in O&G upstream, refinery, and oilfield capital project.

"The increasing adoption of digital twins in the O&G industry operations over the past few years reflect a growing recognition of their value in enhancing operational efficiency and decision-making processes," said Gaurav Verma, global oil and gas industry research and advisory lead, IDC Energy Insights.


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