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Six EAM trends pushing the oil and gas industries forward

IBM Business Partners

The oil and gas industry remains an integral part of the energy landscape, but it faces a number of modern challenges, including volatile market conditions, expanding environmental regulations and the growing need for operational efficiency. As of 2022, the EAM market was valued at nearly $6 billion , with a compound annual growth rate of 16.9%

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What Is Contract Management Lifecycle And Why Is It Important?

Obobo

In addition, effective contract management can help organizations optimize their budgets, streamline their procurement processes and improve supplier and customer relationships. With the advancement of technology, contract management has gone through many changes. This visibility allows for better decision-making and risk management.