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The oil and gas industry is at a critical stage in its evolution in which advanced technology is being sought to address business challenges. IT can be used to optimize the business and mitigate risk. Changes in key consumer content creation dynamics and new standards for content distribution mark the 2005 Media Hype Cycle. Enterprise asset management emerged as an extension to computerized maintenance system concepts in the early 1990s. The focus is still on functionality, but the overlay of technology enablement is slowly moving forward in a conservative industry of buyers. Dependencies between infrastructure technology components and business applications are increasing. Understanding the complex dynamics at this intersection will be critical for enterprise architects and CIOs. Energy utilities will continue to explore technology options in their quests to meet rising customer expectations, excel in increasingly volatile energy markets and create expected shareholder returns in uncertain regulatory environments. To meet shippers' demands for higher service levels, the transportation industry can look forward to new IT solutions and business process improvements. Notable solutions will include radio frequency identification tracking, wireless driver/operator communications and cargo portals. The retail sector has a long-standing reputation for conservative technology adoption. However, much is changing in the retail sector. Effective IT solutions, or the lack of them, can now be a survival issue in the fast-paced but low-margin retail sector. Product life cycle management applications that support product design, new product introduction, production, service and retirement continue to mature. New PLM applications are evolving to address emerging competitive and regulatory challenges. Significant technologies/systems have reached the Plateau of Productivity for manufacturers. Lagging behind are process improvement techniques and IT support; technologies for product creation, collaboration and learning in value creation; and technologies to facilitate real-time operations. Data security is emerging as an area of interest as companies increase their focus on protecting sensitive data. However, this market is dominated by smaller, younger technology providers. Three of the 14 technologies that focus on protecting enterprise data are gaining market momentum. This Hype Cycle shows the market adoption and maturity level of different vulnerability management technologies and services. For instance, security information and event management managed services are fairly new, while patch management has reached the Plateau of Productivity. |
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