MI Cloud allows all employees, regardless of rank, democratic access to cutting edge market research data. It helps B2B companies translate growth intelligence to revenue intelligence, enables teams and partners to collaborate on analysis, insights and decision making while identifying niche market opportunities arising out of disruptions. It also enables gathering of intelligence by taking advantage of proven and highly scalable data analysis and insights.
Revenue shifts of your clients: Oilfield operators are shifting their focus towards gathering real-time data to monitor their Oil & Gas assets/infrastructure. The pipeline operators/owners are demanding pigging and cleaning services, and are focusing on managing their assets digitally, so as to reduce manual intervention. Such shifts are expected to drive the pre-com, maintenance, and ILI operations in the midstream sector.
Unknown: The adoption of renewables in Europe will have a negative impact on revenues of the oil & gas operators, and service providers which, in turn, will hamper the pipeline & process services market in the long run. Thus, pipeline & process service providers may leverage this opportunity by aligning their decommissioning services business, especially in Europe given the higher decommissioning of oil & gas assets is gaining momentum in Europe.
Interconnections: MnM estimates that revenue streams of companies providing pipeline & process services in the oil & gas industry are impacted by Pipeline Integrity, Machine Condition Monitoring, Floating Power Plant, Asset Management and Predictive Maintenance, etc will create a new revenue stream for our client in future.
Revenue Impact Created: MnM assisted the client by identifying ~ USD 12 Billion gaps between the Total Addressable Market (TAM) Vs Serviceable Addressable Market (SAM) from 2019–2024. The study included key trends across the oil & gas pipeline & process assets and provided information on key oil & gas pipeline & process upcoming projects from 2019–2024, across various regions/countries. MNM also helped in the assessment of major operators, EPC companies, and service providers. Which together is expected to have a potential revenue impact of USD 57 million over the next 1-2 years.