Douglas-Westwood grants access to proprietary data for the first time with the launch of Sectors
New online data analytics tool set to bolster global oilfield industry
London (United Kingdom) Thursday, 19th January 2017 – For the first time, Douglas-Westwood, an Energy Software Intelligence Analytics (ESIA) company, will grant online access to its renowned proprietary data, insights, and forecasts. Sectors allows users to interrogate, screen and visualise oilfield services intelligence. The service also provides users with insights and intelligence that helps contextualise the impact of market moving events on their own Sectors and businesses.
Backed by a global team of analysts, Sectors challenges conventional thinking and helps firms, investment bodies, equity partners and governments to develop ambitious and effective strategic plans. Research Director, Steve Robertson who leads the Douglas-Westwood team, explained; “After a great deal of hard work in 2016, we’re excited and very pleased to kick-start the New Year with the launch of Sectors. Sectors is a new service designed to provide customers with access to timely, accurate and relevant market insight and reflects the need to support critical planning and investment decisions for businesses in challenging and changing market conditions.”
He added; “Our aim with Sectors is to connect people to expertise, insight and resources to improve efficiencies, reduce costs, make educated decisions and accelerate capital projects. A key benefit of Sectors for subscribers is that they no longer need to answer difficult questions in isolation. The granularity of Sectors’ data is blended with the consulting and analytical expertise of our team to validate strategic decisions.”
Importantly, Sectors removes the ‘fear factor’ from complex projects by helping individuals, teams, and organisations to answer the many challenging questions involved in planning and financing modern day oilfield infrastructure projects in a global marketplace.
Clients in early beta-testing have been using the advanced front-end built into the analytics tool to filter and pivot the data both at a high level, for business planning purposes, and to drill-down to specific project opportunities for business development purposes.
Sectors also makes sharing and collaborating easier as only a single user-licence is required for everyone in the company to access timely and relevant information. The first Sectors module focuses on the global drilling and production Sector, with additional modules to be rolled out in coming months.
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Notes to Editors
Sectors is a trusted data analytics tool offering real-time access to research reports, trends, and insights for the global oilfield industry. Launched as a visually engaging and easy-to-use online subscription service, Sectors enables users to interrogate, screen and visualise complex data at a granular level, so that users can scrutinise industry trends, forecast accurately, mitigate risk, and make well-informed strategic decisions.
As a multi-award winning consultancy, Douglas-Westwood is recognised worldwide for its excellence in market research and consulting services to the global energy industry. The firm has delivered 1,100 projects for clients in over 70 different countries and 250 niche energy segments, winning over 20 industry awards. Clients range from, the major players in the oil & gas sector and their contractors, to financial houses and governments. Douglas-Westwood research is supported by proprietary data, insight and knowledge, and its international reach is strengthened by one of the largest, sector-focused teams with offices in the Americas, Europe, and Asia.
Energy Software Intelligence Analytics was formed in January 2015 by Energy Ventures, an energy specialist private equity firm with a vision to build a leading player in the business intelligence and market analytics space. Following an active period of acquisitions in 2015 the group has acquired the operations of Hannon Westwood, Novas Consulting, Richmond Energy Partners, and Douglas Westwood. With these acquired companies the group has assembled a unique market position in the Upstream E&P market covering both the operator and the supply chain perspectives. Through unique proprietary data and industry expertise, the business offers fresh perspectives and insight into the industry and current market conditions. With a global capability and presence ESIA also offers bespoke research services, technical and commercial consulting, and services to support strategy. The launch of Sectors is aligned with the growth strategy for ESIA that includes a mix of new product development and acquisitions. ESIA’s goal is to provide best-in-class solutions for its customers.