ICT Technology Development Expenditure in Energy Sector Posted by kenresearch10 on February 23rd Noah Vonleh Jersey , 2018
Energy sector (oil and gas companies) has been the biggest sector in terms of dollar value and it currently contributes a significant amount towards the national GDP of any country. However, plummeting oil prices and mounting climatic concerns have pushed the sector to look for advanced technological solutions in order to achieve sustainable growth. Report titled “ICT Investment Trends in the Energy Sector: Digital transformation and disruption will impact ICT investment strategies” discuss global market environment detailing Network and communications equipment, software licenses, application services, and network services are primarily attracting a major proportion of the budget allocations in their respective domains of hardware, software Robert Covington Jersey , IT services, and telecommunications.