Study: Energy Industry Bets Big on Big Data and Analytics - Topic A: Energy
Roll Call: Latest News on Capitol Hill, Congress, Politics and Elections
September 2, 2015

Study: Energy Industry Bets Big on Big Data and Analytics

InfotechLead.com reports that the “energy industry is spending big on big data and analytics, and is estimated to grow at a CAGR of 25 percent from 2014 to 2019, says a new research from ABI Research.”

“Currently energy industry represents over 15 percent of the overall cross-industry spending, and the spending on energy analytics is estimated to surpass $21 billion in 2019, the research titled ‘Big Data and Analytics in Energy Industry’ said.”

“The need to invest in big data and analytics is driven by the growing pressure to improve profitability. Energy companies, which were conservative in adopting new technologies, now realize huge cost savings are possible by making the operations more driven by data, says principal analyst Aapo Markkanen.”

Categories: News

Comments (10)

  1. Anonymous

    July 12, 2015
    12:53 p.m.

    Throughout this grand scheme of things you actually receive an A+ for hard work. Where you actually lost me was first in all the facts. As it is said, details make or break the argument.. And that could not be much more accurate here. Having said that, let me tell you precisely what did do the job. Your writing is definitely pretty persuasive and this is probably the reason why I am taking the effort to comment. I do not make it a regular habit of doing that. Secondly, while I can certainly see the leaps in logic you come up with, I am not really convinced of how you seem to connect the details which in turn produce your final result. For the moment I shall yield to your position but trust in the future you connect your dots much better.

    http://www.sdorttuiiplmnr.com/

  2. Anonymous

    July 18, 2015
    5:21 a.m.

    F*ckin’ amazing things here. I am very glad to see your post. Thanks a lot and i am taking a look ahead to contact you. Will you kindly drop me a mail?

    http://wikikurgan.orbitel.ru/index.php?title=Auto_Insurance_For_Low_Income_New_York

  3. Anonymous

    July 19, 2015
    8:13 a.m.

    An interesting discussion is worth comment. I think that you should write more on this topic, it might not be a taboo subject but generally people are not enough to speak on such topics. To the next. Cheers

    http://www.sdorttuiiplmnr.com/

  4. Anonymous

    July 20, 2015
    11:27 p.m.

    Aw, this was a really nice post. In thought I want to put in writing like this moreover – taking time and precise effort to make an excellent article… but what can I say… I procrastinate alot and not at all seem to get something done.

    http://lowcostautoquotes.com/low-cost-car-insurance.html

  5. Anonymous

    July 24, 2015
    4:13 a.m.

    Usually I don’t read post on blogs, but I would like to say that this write-up very forced me to try and do so! Your writing style has been surprised me. Thanks, quite nice article.

    http://split.us

  6. Anonymous

    July 24, 2015
    4:11 p.m.

    Pretty! This was a really wonderful post. Thank you for your provided information.

    https://bestplumbers.com

  7. Anonymous

    July 25, 2015
    4:10 p.m.

    Hey there would you mind stating which blog platform you’re using? I’m planning to start my own blog soon but I’m having a tough time choosing between BlogEngine/Wordpress/B2evolution and Drupal. The reason I ask is because your design and style seems different then most blogs and I’m looking for something completely unique. P.S Sorry for being off-topic but I had to ask!

    http://jmccred1.hospedagemdesites.ws/wiki/index.php?title=Sbi_Home_Loan_General_Insurance_Calculator

  8. Anonymous

    July 30, 2015
    3:46 p.m.

    I’m not that much of a online reader to be honest but your blogs really nice, keep it up! I’ll go ahead and bookmark your site to come back in the future. Cheers

    http://brookereviews.com/product/0-6-pack-abs-review-tyler-bramlett-and-dr-vegher-does-0-6-pack-abs-really-work-or-just-a-scam/

  9. Anonymous

    July 31, 2015
    2:12 p.m.

    I am extremely impressed with your writing skills as well as with the layout on your blog. Is this a paid theme or did you customize it yourself? Anyway keep up the excellent quality writing, it is rare to see a nice blog like this one nowadays..

    http://noclegzoliborz.pl/

  10. Anonymous

    Aug. 2, 2015
    1:15 p.m.

    Good post. I learn something more difficult on different blogs everyday. It would at all times be stimulating to learn content material from different writers and follow somewhat something from their store. I’d prefer to use some with the content on my blog whether you don’t mind. Natually I’ll offer you a hyperlink in your internet blog. Thanks for sharing.

    http://www.consultdustry.com/associates-global-trade-and-international-business-development-agency/

Sign In

Forgot password?

Or

Subscribe

Receive daily coverage of the people, politics and personality of Capitol Hill.

Subscription | Free Trial

Logging you in. One moment, please...