In an environment of declining prices due to lower demand growth and rising supplies from North America, Gartner analyzes the balance oil and gas companies must strike between near-term cash flow and long-term survivability.
Reducing IT budgets is only part of the story. Upstream CIOs must not only protect but accelerate strategic technology investments that will drive business efficiencies while identifying and broadly implementing superior operating practices.
Gartner's recommendations provide a framework for CIOs who need to trim overall budgets while increasing relevant investments in business optimization.
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